The just catch is the fact that owner must renovate the home and stay there 5 years before it may be sold.
The properties on the market, which may have 2-3 bedrooms and a garden, have been in multiple problems from liveable to desperately needing refurbishment.
Council bosses think the abandoned buildings are lowering residing standards and raising crime rates by attracting arson attacks, squatters, burglary in addition to devaluing and damaging close by properties.
Up for sale: The derelict homes come in differing condition from liveable to in dire need of complete remodelling
Streets of emptiness: There a couple of streets including Bond Street in Stoke which have a number of abandoned buildings which are the main project
Abandoned homes tend to be a large problem in the area with 4, 000 buildings left vacant in Stoke since January 2011, in accordance with council income tax data.
ABANDONED HOMES IN STOKE
- Total vacant homes: 4, 763
- Empty for over six months: 2, 793
- Empty for under 6 months: 1, 970
Origin: Stoke-on-Trent Council Taxation information January 2011
The council’s empty residence group aims to ‘bring long-term vacant domiciles back in use to enhance the standard of housing when you look at the city and also to deliver life back in our communities’ in accordance with the council web site.
In Staffordshire, Councillor Janine Bridges, pantry user for housing, neighbourhoods and neighborhood safety, stated: ‘We are considering techniques to bring empty properties back to use to improve lifestyle requirements of homes within Stoke-on-Trent.
‘The concept means the council sells bare properties acquired with housing industry Renewal give for a nominal fee and provide new home owners with a loan as much as £30, 000 to implement some improvement works your council deems required to deliver the house to a significant home standard.’
Prospective: with a few love and treatment, the £1 properties could turn-out looking like this lived-in residence regarding the street
£1 could develop into something such as this: With renovation work, the kitchen of a £1 property could possibly be complement a household
The system is focusing on Stoke properties inside Portland Street area, Cobridge additionally the Bond Street area, Tunstall.