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: