The Stoneycroft development consists of 8
flats over garages in two blocks of 4 flats, as well as two blocks
of 5 and 11 garages directly in-front of the bedsits.
As part of the on-going business plan for New Build Social Housing
in the Borough, Stoneycroft has been selected as a potential site
for development.
Only 1 of the 8 flats is a leasehold property – The rest are
all rented at social rent.
Housing Development have appointed Brasier Freeth to liaise with
the potential vendor. They have negotiated down a fair value
selling price of £135,000 – This is in line with the
Red Book Valuation.
If DBC do not purchase the property, then we will not be able to
develop the scheme for much needed new social housing in this
area.
The property will be used as much needed Temporary Accommodation in
the intervening period, whilst the scheme is being developed, which
will generate a licence income and remove any ongoing security of
tenure issues.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 28/04/2021
Decision due: 23 Apr 2021 by Assistant Director - Housing Operations and Safe Communities
Contact: Reuel Thompson Email: reuel.thompson@dacorum.gov.uk Email: Reuel.Thompson@dacorum.gov.uk.