Wednesday 8 June 2011

Liverpool council set to offload £9m of property

Liverpool council set to offload £9m of property

Liverpool council are contemplating putting property totalling £9 million onto the market to lessen the housing shortage.

The council own over 40 properties including parkland, a cemetery, and gate houses located predominately in the south of the city. If these properties are sold on, the housing shortage in the UK’s fourth largest city could be alleviated slightly.

The portfolio of property in question includes Sefton Park Lodge, Sudley Estate gatehouse and two properties at Reynolds Park in Woolton, which between them are worth £1.3 million.

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