The development will convert the former site of Llantarnam Community Primary School into 55 brand-new two-, three- and four-bedroom houses available for open market sale.
Some of the homes will be available under the Welsh government-backed Help to Buy scheme, which will offer purchasers the chance to secure a brand-new home for as little as a 5% deposit.
The remaining 23 homes will go to Bron Afon housing association to be offered as affordable rented homes.
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Kate Rees, regional managing director for Lovell in south Wales and the South West (pictured above), said: “We’re very excited to be creating this attractive collection of contemporary homes so close to Cwmbran town centre and within a 20-minute drive of Newport, Cardiff and Swansea.
“Featuring high-quality, beautifully designed interiors, these superb properties will appeal to a wide range of home seekers, from first-time buyers and downsizers to families, with a mix of house styles on offer, including 35 three-bedroom detached houses, 11 four-bedroom detached homes and nine two-bedroom homes.”
The first new homes will be made available to reserve in early autumn 2017, but the overall development is scheduled to be completed by the end of 2019.