Stoke-On-Trent's Rundown Homes On Sale For £1

Thirty-five rundown houses are going on sale for £1 each in Stoke-on-Trent.

The city council wants to sell the empty council-run buildings as part of its aim to regenerate an area of the city.

A spokesman told Sky News Online that over 600 people have expressed an interest in buying one of the properties since the application process opened on Monday.

The cost of refurbishing the homes, which are mainly two bedroom terraces, will initially be covered by the council which will then sell them on for the tiny sum.

However, the new owners will have to pay back the cost of the refurbishment over a set period of time.

It is the first phase in a £3m project which will see 124 long-term empty homes in Portland Street and Bond Street in the Cobridge area brought back into use.

Eligible residents are being encouraged to fill in application forms before May 12. The properties will be randomly allocated to the 35 successful applicants.

Councillor Janine Bridges, cabinet member for housing, neighbourhoods and community safety, said: "We are now at a very exciting stage in this major project which will see a rundown area of the city transformed. This is a long running commitment to Cobridge on behalf of the city council.

"The project will not only benefit the residents who are currently living next to properties that have been vacant for some time, it will also give families moving into the homes the chance to take their first step on the property ladder."

Anda sedang membaca artikel tentang

Stoke-On-Trent's Rundown Homes On Sale For £1

Dengan url

http://cembururabun.blogspot.com/2013/04/stoke-on-trents-rundown-homes-on-sale.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Stoke-On-Trent's Rundown Homes On Sale For £1

namun jangan lupa untuk meletakkan link

Stoke-On-Trent's Rundown Homes On Sale For £1

sebagai sumbernya