Decision details

Decision details

Purchase of block of 4 x 1 bedroom flats at 14 Toot Hill Butts, Headington, OX3 8LB for a purchase price of £735,000

Decision Maker: Deputy Chief Executive – City and Citizens’ Services

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Purchase of a block of 4 one-bedroom flats 14, 14B, 14C, 14D Toot Hill Butts including the freehold at a purchase price of £735,000. Two of the flats to be allocated to RRTBR 25/26 programme and two flats to be allocated to Local Authority Housing Fund 3 programme.

Decision:

To purchase a block of 4 one-bedroom flats 14, 14B, 14C, 14D Toot Hill Butts including the freehold at a purchase price of £735,000. Two of the flats to be allocated to RRTBR 25/26 programme and two flats to be allocated to Local Authority Housing Fund 3 programme.

Reasons for the decision:

In response the above, the decision to use allocated funds of £735,000 (£367,500 per programme) for the purchase of 4 one-bedroom flats at 14 Toot Hill Butts to provide a total of 4 new affordable homes for the HRA.

 

Publication date: 01/04/2025

Date of decision: 01/04/2025

Accompanying Documents: