Houses for sale in Stoke for £1

  • Central
Some of the homes up for grabs under the scheme Credit: ITV News Central

The third phase of a £3million scheme to regenerate run-down areas of Stoke-on-Trent by selling old houses for just £1 has launched today.

The aim of the high-profile project - which has initially seen 35 rundown houses in the city gone up for sale - is to revamp empty council-owned properties which have fallen into disrepair.

In total, 124 long term empty homes in Portland Street and Bond Street will be brought back into use.

To be in with a chance, residents have to fulfill a number of criteria including not already owning a property and having had their primary home in Stoke-on-Trent for the last three years.

They must commit themselves to taking on £30,000 loan to upgrade their new home. The council is commissioning the improvement works and ensuring a certain level of quality is maintained.

Teresa and Lawrence Poxton were among those who bagged their own home for just £1 under the first round of applications Credit: ITV News Central

The city council is now encouraging eligible residents to submit their application forms.

For more information, visit the Stoke-on-Trent city council website.