Decision details
To purchase the 999-year leasehold interest of a block of 2 x one-bedroom flats at 119 Rose Hill, OX4 4HT.
Decision Maker: Deputy Chief Executive – City and Citizens’ Services
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To purchase the leasehold of a block of 2 x
one-bedroom flats, 119A and 119B Rose Hill, Oxford, OX4
4HT.
Decision:
The Deputy Chief Executive decides as follows:
To purchase the leasehold of a block of 2 x one-bedroom flats, 119A and 119B Rose Hill, Oxford, OX4 4HT for a total purchase price of £500,000 to be allocated to RRTBR 25/26 programme for general needs social rent.
Reasons for the decision:
In response the above, the decision has been made to use allocated funds of £500,000 to purchase 2 x one-bedroom flats at 119A and 119B Rose Hill, OX4 4HT in order to provide two more additional affordable housing unit for the HRA to respond to the immediate housing need.
Publication date: 01/08/2025
Date of decision: 01/08/2025
Accompanying Documents: