Issue details

Property Acquisition for 1000 homes programme

The development strategy to deliver 1,000 new affordable homes was agreed by the Policy and Resources Committee on 19th January 2022. As part of the agreed strategy, there is an expectation that 50% of affordable homes delivered will be from non-council owned urban brownfield sites.


As part of this programme an opportunity to purchase a town centre site has arisen. The site has an existing planning permission in place for the development of 19 residential units to include 6 x 1 beds and 13 x 2 bed apartments along with associated parking and landscaping.


Once built it is the intention to let the units as Affordable rent units set at 80% of market rent and capped at Local Housing Allowance levels.


The Committee is being asked to consider the freehold acquisition of the site, before being passed to the Executive to approve the purchase of the proposed freehold acquisition.


Decision type: Key

Reason Key: Expenditure > £250,000;

Decision status: Recommendations Approved

Wards affected: Bridge Ward;

Notice of proposed decision first published: 18/11/2022

Anticipated restriction: Part exempt  -

Explanation of anticipated restriction:
Appendices discloses commercially sensitive information

Decision due: 25 Jan 2023 by Executive

Lead director: Director of Regeneration and Place

Department: Regeneration and Place

Contact: Philip Morris Email:

Consultation process

Notification of ward members. Briefing to executive and lead member for PAC


Agenda items


  • Property Acquistion for 1000 homes programme