PLACE23 0868 Request to purchase Flat 19, Cherry Tree Road, Armthorpe, Doncaster, DN3 2HP – 2 bedroom flat for purchase via the Acquisitions Scheme.

September 22, 2023 Service Director Economy and Development (Other) Approved View on council website

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Summary

...to approve the purchase of Flat 19, Cherry Tree Road, Armthorpe, Doncaster, DN3 2HP, a 2-bedroom flat, via the Acquisitions Scheme to address the high demand for affordable rental properties.

Full council record
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
in to 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 2 &
3 bedroom general let homes which acts as a key driver in the
process and forms the basis for acquisitions in many areas across
Doncaster where there is an under supply of properties.
The Housing Needs Survey suggests that this property is situated in
an area of high demand.
There are also already several other properties that form part of
Council housing stock on the same street, and the flat is situated
within a building made up of two flats, of which the other is
already currently part of our council stock. It is envisaged that
this will be utilised as a general needs 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 Flat 19, Cherry Tree Road, Armthorpe, Doncaster, DN3
2HP.
The purchase price is £69,000 and provisional inspections
have estimated the further investment costs to be £25,000 to
ensure the property is fully modernised, and up to
standard.

Supporting Documents

PLACE23 0868 Request to purchase Flat 19 Cherry Tree Road Armthorpe 2_Redacted.pdf

Details

OutcomeRecommendations Approved
Decision date22 Sep 2023