Purpose

See attached ODR for details

Decision

To support the proposal for the purchase and repair of 80 Grange Road, Moorends, DN8 4NA.

The purchase price is £110,000 and provisional inspections have estimated the further investment costs to be in between £16,000 - £18,000 to ensure the property is fully modernised, and up to
standard.

Alternative options considered

Option 1 – Approve the property purchase – (recommended option)
This option will support the acquisition programme by utilising available funds to maximise the opportunity to provide additional housing provision across the borough in line with the Housing
Needs Survey.

Option 2 - Do Nothing
This option would lose the opportunity to deploy approved funding to help ease the demand for properties on the housing waiting list.