Decision details
Revised Price - purchase of a one-bedroom apartment at 92 Hockmore Tower, Pound Way, Oxford, OX4 3YG.
Decision Maker: Deputy Chief Executive – City and Citizens’ Services
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
Revised Price for the purchase of 92 Hockmore
Tower, Pound Way, Oxford, OX4 3YG. Following further negotiations,
the purchase price has now been revised to £195,000. The
property is to be allocated to RRTBR 25/26 programme for general
needs social rent.
Decision:
The Deputy Chief Executive decides as follows:
To purchase a one-bedroom apartment at 92 Hockmore Tower, Pound Way, Oxford, OX4 3YG for a revised purchase price of £195,000 to be allocated to RRTBR 25/26 programme for general needs social rent.
Reasons for the decision:
In response the above, the decision to use a revised amount of £195,000 for purchase of a one-bedroom apartment at 92 Hockmore Tower, Pound Way, Oxford, OX4 3YG has been made in order to provide 1 more additional affordable housing unit for the HRA to respond to the immediate housing need.
Publication date: 13/05/2025
Date of decision: 13/05/2025
Accompanying Documents:
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