Decision details

51 Halliwick Road N10 1AA recommendation for disposal

Decision Maker: Deputy Chief Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

 

 51 Halliwick Road is suffering from disrepair that is uneconomic to address. This report proposes disposal of the property which has an uneconomic requirement for repair. The property has been valued by Landmark Chartered Surveyors and Valuers, as having an estimated open market value of between £475,000 and £500,000. The resulting capital receipt will come to the Housing Revenue Account, providing additional resources to support the capital programme, including the acquisition and building of new council homes.

 

 

 

That the property, 51 Halliwick Road, is disposed of by sale through public auction.

 

 

Publication date: 04/02/2020

Date of decision: 29/01/2020

Accompanying Documents: