£1 housing scheme in Stoke
Twenty council houses in Stoke-on-Trent have been sold for £1 each, and another 13 are still for sale. The scheme is to help regenerate rundown properties in the Portland Street area of Cobridge.
Twenty council houses in Stoke-on-Trent have been sold for £1 each, and another 13 are still for sale. The scheme is to help regenerate rundown properties in the Portland Street area of Cobridge.
Today the first people to buy a house from Stoke-on-Trent City Council for just one pound, got to see inside their future homes.
Each new owner will take out a 30 thousand pound loan from the council to get the properties done up and pay it back in instalments.
And as Chris Halpin reports, the project now has international interest as far away as China.
West Midlands Weather: Windy on Sunday with showers and sunny spells
East Midlands Weather: Heavy rain over Derbyshire hills, drier and brighter elsewhere
The city’s spike in coronavirus cases has sparked a report that it may be the first UK location to be subjected to a district lockdown.