Issue details

The Council’s Corporate Plan and Housing Strategy include commitments to add further homes to the Council’s housing stock.

For a number of years the Council has had strong demand for two bedroom properties in Dovercourt. However our stock has dwindled and turnover of tenancies is very slow.

There now exists an opportunity to purchase the freehold interest in a two bedroom property in Dovercourt in a block of four flats where TDC are already the freeholder of the remaining three flats.

The Council has Section 106 and Right to Buy sale capital receipts and by purchasing the property using the Section 106 funds we will be able to add an additional property to our housing stock.

The property has been viewed by the Development & Building Manager and has been identified as a property of high demand with a construction type known to the Building Services Team.