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Homes in Liverpool for sale for £1

Simon Ward
by Lovemoney Staff Simon Ward on 20 February 2013  |  Comments 6 comments

If you fancy a major DIY project, you could buy a house from Liverpool City Council for a quid.

Homes in Liverpool for sale for £1

Liverpool City Council is offering homes in the city for just £1 – providing you can give them a total makeover.

The Victorian terraced houses in the Granby area of the city were bought for up to £70,000 as part of the Labour Government’s Pathfinder scheme to regenerate struggling areas of the country.

The council was in talks with a developer over a £25 million contract to renovate the area, which included bulldozing the houses. However, the council pulled the plug in November, leaving the homes empty and boarded up.

Liverpool City Council Deputy Mayor Councillor Paul Brant said: “This allows people who may be excluded from mortgages but have construction skills to play a part in the regeneration of their communities.”

Successful applicants will need to refurbish them to “a reasonable state of repair”, and they must be warm, weatherproof and have “reasonably modern facilities”. The owners must also live in them for a minimum of five years and not sub-let during that time.

Twenty houses will be initially be offered to residents in the ‘Four Streets’ area of Granby and Arnside Road in Kensington.

Meanwhile, houses in Picton will be renovated by the council in partnership with housing associations or offered to private landlords.

Last year, Stoke-on-Trent City Council offered a similar scheme in the suburb of Tunstall.

Photo courtesy of Liverpool City Council

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Comments (6)

  • electricblue
    Love rating 769
    electricblue said

    France is beautiful.... just a shame about the people.

    Report on 21 February 2013  |  Love thisLove  0 loves
  • Billy Clark
    Love rating 0
    Billy Clark said

    Come off it it's the banks telling us this what a load of crap,I'm in Scotland and the average cost of letting a 2 bedroom Semi is £480 where do the banks get there info from, a bent Banker in London ?

    Report on 21 February 2013  |  Love thisLove  0 loves

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