
If there were no derelict properties?
If everybody had a place to live?
If there were no homeless people?
If everybody had an equal share of funds?
Well, in a part of the UK, at least one of these ideals is about to be solved.
People are rushing to purchase 120 derelict homes for £1 each as Liverpool City Council launches a radical new scheme. The unloved Victorian properties need buyers to demonstrate an ability to pay for proper refurbishment. Applicants must also show they live and work in the city, and agree to not sell the property for five years.
But don't count on being selected. The council have already received applications from 2,750 people for the homes which are situated in deprived and run-down parts of the city.
The empty homes manager of Liverpool City Council, said: “All the plumbing and the electrics and fixtures and fittings have been ripped out - so it is pretty much a shell.” Source: Mirror.
Although many residents are unhappy about the situation, to me, this seems the ideal solution to the problem of restoring abandoned properties. Okay, the buyers will need considerable funds behind them to achieve all the necessary work, but I'm sure the seller will look into their available funds.
Good luck to the fortunate people who are selected for the project. They'll be doing the neighbourhood a service.
Would you like the opportunity to restore an abandoned property near you?