Decision details

Purchase of a long-term property to provide affordable housing

Decision Maker: Portfolio Holder for Housing and Community Safety

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Reason for the Decision

 

To bring a long-term empty property back into use and create a 3-bedroom family home in an area of high housing need.

 

Alternative Options considered and rejected

 

Take no action – without Council intervention it is very likely that the property will remain empty for the foreseeable future. The Council has a high demand for accommodation in this area.

 

Purchase the property and ‘back-to-back’ private sale - The Council has a high demand for affordable and temporary accommodation in this area and 25 Dawlish Crescent represents an ideal opportunity to further meet such demand.

 

Compulsory Purchase – the current owner has agreed to sell the property to the Council and therefore acquiring the property using Compulsory Purchase powers is not appropriate.

 

Empty Dwelling Management Order – this would require the Council to renovate the property, allocate tenants and manage the building for 7 years and then ‘hand it back’ to the current owner. As such this option does not offer long term value for money for the Council. The current owner has agreed to sell the property to the Council

 

Budget Implications

 

It is estimated that the buildings current market value in its current condition is in the region of £250,000.

 

It is proposed that the Council use capital ‘to bring a long-term empty property back into use’ to purchase and renovate the property.

 

Renovation and improvement costs to make the property decent and safe are estimated to be in the region of £50-60,000 subject to detailed inspection and specification.

 

Legal Implications

 

The Councils solicitors would handle the purchase of the property and it would be subject to the normal legal searches and building survey prior to exchange of contracts.

 

Any Conflict of Interest

None

 

Decision:

Decision

 

The Portfolio Holder for Housing delegates to the Corporate Director for Housing to take all necessary steps to purchase and renovate the property known as 25 Dawlish Crescent, Weymouth, Dorset DT4 9JN using the empty homes unapproved capital pot .

 

Publication date: 03/05/2022

Date of decision: 03/05/2022

Accompanying Documents: