The three bedroom property 13 Hucklow Avenue
was offered to the Council under the Right-of-first refusal.
The property has been surveyed by an asset management officer and whilst some investment would be required no prohibitively expensive works were identifiied.
The Council's valuer viewed the property and advised an offer of between £105,000 and £110,000.
The property represents value for money in in the Acquisitions Calculator.
An offer of £110,000 was put to the vendors and accepted.
Approved to seek to purchase the property has been given by Cllr Ludlow and Service Director of Housing.
Decision type: Key
Reason Key: Decision to dispose or acquire any interest in land or buildings with a value of £50,000 or more;
Decision status: Recommendations Approved
Notice of proposed decision first published: 10/06/2021
Decision due: 10 Jun 2021 by Service Director - Housing