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Sale of 1930s Flats in Douglas Promises Double Benefit for Housing and Revenue

2 hours ago

Sale of 1930s Flats in Douglas Promises Double Benefit for Housing and Revenue
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7 Highlights

  • Douglas Council plans to sell 56 vacant flats on Lord Street.
  • Funds from the sale will create new social housing.
    • Relocation of tenants began in 2022.
    • Site may be redeveloped into 50 private homes.
    • High housing demand prompts aid for renters.
    • Sale decision based on 'cost versus benefit.'
    • Developers will undergo careful selection.
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