Stoke council homes go on sale for £1

Grant Prior 12 years ago
Share

Stoke-on-Trent council is selling homes for just £1 each in a bid to transform a rundown area of the city.

The latest phase of the initiative will see 35 rundown houses sold in the Portland Street area of Cobridge to eligible residents.

The city council will initially cover the cost of refurbishing the homes and will sell them for just £1.

But 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 brought back into use.

The project will include a range of initiatives focusing primarily on the renovation and reoccupation of the empty properties and then moving onto various projects with the aim of creating a sustainable community.

The move follows a similar initiative in Liverpool to breathe life into abandoned streets.

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.”

Local councillor Majid Khan added: “This investment will give the Portland Street area a new lease of life, injecting a sense of pride and energy into the community. We have worked closely with existing residents throughout the process and their input has been invaluable to getting the scheme up and running.

“Their continued support and the enthusiasm of residents who will move into these homes will play a key role of the success of the initiative.”

Latest news

ISG collapse brings down lighting specialist

30 jobs go as Cheltenham-based Seventynine Lighting Ltd ceases trading
2 days ago

Debt rule change to salvage infrastructure spending plans

Chancellor to free up £50bn for road, rail and hospital building plans
2 days ago

Roofer thrown from basket after bus hits cherry picker

Contractor fined £215,000 after worker lands on roof of parked car
3 days ago

Construction to be standalone business as Stepnell demerges

Tom Wakeford will continue to lead construction company
3 days ago

Tilbury Douglas searching for suppliers across north of UK

Sign-up now for supply chain roadshows
3 days ago

CLC blasts clients over standard contract changes

Client changes making life more "onerous and difficult" for contractors
3 days ago

Six towns and cities to pilot clean heat networks

Leeds, Plymouth, Bristol, Stockport, Sheffield, and London to draw up schemes
2 days ago

Rail civil servant to head Palace of Westminster restoration

Russ MacMillan to lead delivery authority planning working on options and cost
2 days ago

Cladding firm M Price felled by post-Grenfell defects claim

Barratt Homes claim over insulation pushed firm over the edge
3 days ago

McAlpine confirms M&E team at £4bn gigafactory

NG Bailey and TClarke to start next year at giant car battery site
4 days ago

Olympian Homes seals funding for Bristol’s tallest building

R G Group tipped to deliver St James House double tower scheme
3 days ago

Restructure at Quinn London as contractor hits £100m turnover

New MDs as founder Seamus Quinn becomes Chairman
3 days ago

Barratt go-ahead for 260 flats at old London gas works

Sydenham scheme consists of six blocks rising from 5 to 14 storeys
3 days ago

East London last mile logistics hub approved

Bow Goods Yard will provide 3m sq ft next to Olympic Park
3 days ago

OCU Group buys directional drilling specialist

Peter McCormack & Sons Limited is latest acquisition
4 days ago

Former ISG sustainability chief joins Permasteelisa

Anna Foden takes-up newly created role at facade specialist
4 days ago

Mace datacentre chief is latest construction departure

Jon McElroy has left division
4 days ago

Barratt Redrow starts hunt for supply chain savings

House builder to close nine divisions in £90m cost saving push
4 days ago

Kent launches £2bn tender race for highways deal

Amey has been fixing roads across county since 2011 under twice-extended contract
4 days ago

Genr8 Kajima JV wins £500m Sutton town centre revamp

Development team to first deliver civic hub scheme at former shopping centre
4 days ago

Developer told to stop building in affordable housing row

Council wins interim injunction in S106 dispute in Derbyshire
4 days ago

Marshalls workers voting in strike ballot

300 staff at materials giant reject "derisory" pay offer
4 days ago

Green light for 130-bed Coventry student scheme

Charter House will replace Sherbourne riverside industrial plot
4 days ago

Morgan Sindall upgrades profit expectations for year

Fit-out division profits forecast to be 'materially' ahead of last year
5 days ago

ISG suppliers facing initial £180m hit

First estimates for parts of the business highlight huge impact of contractor's collapse
6 days ago

TopHat confirms winding down of volumetric operation

Modular firm to complete existing orders at Derby factory
5 days ago

Offsite specialist Reds10 revenue soars to £143m

Defence, schools, health and justice work buoys modular pioneer
5 days ago

Manslaughter charge over death of construction worker

Building company director to appear in court next month
5 days ago

New contractor for £24m ISG leisure centre

Universal Civils & Build to take over Clay Cross Active job
5 days ago

HS2 contracts face rewrite as costs spiral out of control

Transport Secretary slams delivery of project as "dire"
6 days ago

Contractor services