Wednesday 12 August 2015

Most Expensive Council Houses On Sale for £3 Million Each

In late July, two houses in Southwark went on the market for more than £3m each. There's nothing particularly unusual in this – houses sell for a lot more than that in central London. But what made this estate agent listing slightly out of the ordinary is that the two properties are former council houses. Britain's most expensive council houses.  Southwark council put 21 and 23 Park Street up for sale back in 2013, to raise money for new housing stock. The Grade II listed building, which needed £500,000 of work to make it habitable, was snapped up by a developer for £2.96m. The sale sparked an occupation protest in the property, accusations of social cleansing and questions over the ethics of flogging off social housing in expensive parts of London. Read more on the CityMetric website.

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