The estate rebuild, which will be phased over 10 years, will see 275 new homes, comprising 96 homes available to buy and 179 affordable homes for the estate’s existing residents.
With planning permission now granted preparatory works will start on the site in spring 2023 with construction due to commence in October 2023.
The first block within the new scheme is set to be delivered in early 2025. This phasing has been planned so that existing residents will only need to move once.
Calverley Close Estate rebuild
Ray Toft, managing director, South London, Countryside Partnerships, said: “Following the residents ballot approval for the regeneration in 2021, we have worked tirelessly with residents, the council and local community to design a scheme that delivers for everyone, and so we are thrilled our plans have been approved.
“The redevelopment of the Calverley Close estate is a fantastic opportunity to deliver a significant number of quality homes for local residents, creating a vastly improved neighbourhood and integrating existing and new communities.”