The aim of the scheme is to generate income by
redeveloping caretakers lodges into low rental, short term
accommodation for teaching staff employed in H&F schools, after
which they will have the option of accessing the Council wider
affordable housing offer e.g. Shared Ownership or Help to
The discovery work has enabled a business case for investment in repurposing four lodges as affordable key workers houses to house a first cohort of teachers from September 2021.
This is expected to deliver the Council immediate revenue benefits of between £63k and £113k from the schemes launch with a breakeven point from 2025/26 considering the upfront capital invested.
Works scheduled for 2021 are estimated to cost £555,481 and be paid for from Capital Planned Maintenance Budget. Due to the high pre-tender estimated costs for refurbishment to two of the lodges, a procurement strategy will be drafted for approval. This will account for £407,481 of the total pre tender estimated value.
The Corporate Landlord Board, Children’s Leadership Team and Cabinet Member have approved the business case for progression of the first four lodges.
Decision type: Key
Reason Key: Expenditure/Income above £300K - Revenue up to £500k and Capital up to 1.5m;
Decision status: For Determination
Wards affected: (All Wards);
Notice of proposed decision first published: 18/12/2020
Report Type: Key Decision;
Decision due: May 2022 by Strategic Director of the Economy Department
Department: The Economy department
Contact: Hannah parrott, Jonathan Skaife Email: Jonathan.Skaife@lbhf.gov.uk.