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| Friday, 22 June, 2001, 19:04 GMT 20:04 UK Cut-price houses for DIY enthusiasts ![]() Certain council estates in Sheffield are run-down Empty council houses on a Sheffield estate are to be sold off for as little as �6,000, provided the buyers agree to renovate them. Potential owners are being offered properties at half their market value but will have to sign contracts agreeing to spend up to �7,000 on repair work. The council is piloting the "Homesteading" scheme with around six houses on the city's Foxhill Estate.
The collapse in demand for council housing has become particularly acute on many estates in the north of Sheffield. In addition, the housing stock is of poor quality and needs substantial investment. The council stand to make savings in management and maintenance costs if the scheme is successful. Legally bound The council is stressing that new owners will be legally bound to carry out the renovations. The covenant in the sale of the two bed properties requires the purchaser to carry out improvements such as installing central heating, double glazing and toilets. Edith Storey, a Foxhill estate resident for 23 years, welcomed the plans. "I think it's the standard of people who used to live here - the ruffians - who got the property into such a mess. "Young people who buy houses are generally going to take better care of them than the ones who rent." |
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