Developer Linden Homes buys Bickington site where it has planning permission to build more than 200 new houses.
Work on a brand new housing development is expected to begin next year.
Planning permission for the 235 new houses at Tews Lane in Bickington was passed by North Devon Council in May 2013.
There has been no movement on the site since then, until a Linden Homes sign appeared in recent weeks with the promise of new homes ‘coming soon’.
Alison Kendall, sales and marketing director for Linden Homes, said: “We are delighted to have acquired this exciting new development in Barnstaple and look forward to starting work on site, which will hopefully be in 2016.
“The development will be built to a high specification.”
The proposed development is set to comprise a range of two-bedroom apartments plus two, three and four-bedroom homes.
Further up the road, work is ongoing on the Redrow Homes’ Glenwood Park development of 100 new houses.
To register your interest in the development, call 01752 520774 or visit www.lindenhomes.co.uk