Decision details

Purchase of land and buildings for the Housing Revenue Account – 21 Drodges Close Bramley Guildford Surrey GU5 0AA

Decision Maker: Director of Community Services

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To approve the purchase of:
21 Drodgers Close
Bramley
Guildford
Surrey
GU5 0AA

(formerly owned by Guildford Borough Council).

The property will form part of the HRA stock and the purchase will be funded from the HRA.


Reasons for the decision:

The property was valued by Clarke Gammon & Weller with a valuation of £500,000, we paid £478.500.

This property has been assessed as suitable and much needed accommodation for those waiting on the housing register. This purchase is considered to be value for money

To increase the Council’s housing stock.

Alternative options considered:

The decision meets the policy requirements for the Council and no alternative options were considered.

Publication date: 12/10/2021

Date of decision: 12/10/2021