Purpose

In recent years the Council and St Leger Homes
of Doncaster (SLHD) have been jointly involved with the delivery of
a property acquisition programme. St Leger Homes currently
administer the
programme on behalf of the Council in which property purchases and
conveyance is undertaken by the Council, the properties are brought
into housing stock and are Council owned, St Leger
Homes then facilitate necessary repairs to appropriate standards
and subsequently let and manage the property.
This purchase has been considered in line with the need to address
the high demand for affordable rental properties, including 3
bedroom general let properties in many areas across Doncaster where
there is an under supply of this type of property.
Choice Based Lettings bidding data within the last financial year
(Q2 – Q4 incl.) has been a consideration for this purchase.
This indicates an average of 81 bids for 3 bedroomed
properties
in Stainforth, including a dwelling on the same street, suggesting
a strong demand in the area.
The property is within an area and proximity to a number of
existing council dwellings on the same street and is envisaged will
be utilised as a general need property.
The four-year capital budget (2023/24-2026/27) approved on 27th
February 2023 included provision for acquisitions and buy backs of
former Council homes, to ensure as far as possible that all housing
needs are met

Content

To support the proposal for the purchase and
repair of 26 Beech Crescent, Stainforth, Dn7 5EW.
The purchase price is £100,000 and provisional inspections
have estimated the further investment costs to be £18,000
– £20,000k to ensure the property is fully modernised,
and up to standard.