Eyesore goes under the hammer – for nearly £2 million

shepbushrdThis boarded-up house at 1 Shepherd’s Bush Road was sold last week at auction for £1.935 million (against a guide price of £925,000).

It was owned by a housing association and will now undergo complete modernisation to produce attractive, comfortable and energy-efficient dwellings.

So a housing association have freed themselves from a costly liability and have nearly £2 million to invest in new housing.

It is win/win/win for every stakeholder, taxpayer and resident of the borough.

Why the Labour-run Hammersmith and Fulham Council  has set its face against void sales like this is incomprehensible and frustrating.

One thought on “Eyesore goes under the hammer – for nearly £2 million

  1. Pingback: Housing Association offers Bassein Park Road house for sale at £1.2 million | Hammersmith and Fulham Forum

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