REVISED plans for a waterfront site branded an 'eyesore' will go on display next week.

The updated proposals for up to 80 new homes on the former Pegasus Boatyard at Caldecott Road, Oulton Broad, are being unveiled by Lowestoft-based Badger Building at a presentation next Wednesday.

They include 75 to 80 homes, a new boatyard with moorings and a waterside office building.

Five years ago, in December 2006, controversial plans for 151 homes, some up to seven storeys high, were withdrawn by Badger Building amid local opposition and concerns over traffic and flooding.

Following the boatyard's closure, the site was targeted by vandals and it has been branded an eyesore by people living nearby.

In October 2008, the developers drew up new plans to revitalise what they described as the 'dilapidated, run-down area of the former Pegasus site'.

These proposals – which have now been revised – are set to go on display at St Mark's Church in Bridge Road, Oulton Broad, from noon until 7pm on Wednesday.

A Badger Building spokesman said any views expressed at the event would be 'taken in to account in the preparation of the final submission to the Broads Authority for planning permission in the New Year'.

'Following three years of negotiations with both the Environment Agency and the Broads Authority, and taking in to account views previously expressed by local residents, we are now preparing to display their revised scheme for the development of this site as part of a further public consultation exercise,' the spokesman added.

'The architects who have designed the scheme, along with staff from Badger Building will be available throughout the day to answer questions about the proposals and all are welcome to attend.'