18-bed home up for sale at £150,000

Posted on February 1st, by editor in Caring Times. No Comments

A North East council has defended its decision to sell off a nursing home at what has been claimed is a knockdown price. Durham County Council sold Holmfield House in Crook, closed due to the prohibitive cost of maintenance and upgrade, for just £68,000 at auction. Its new owners have placed the 18-bedroom property in its own grounds up for sale with a price tag of £150,000. John Shuttleworth, independent councillor for Weardale, accused council chiefs of taking short cuts. “This is a Victorian property in good condition and in a prominent location which was sold on the cheap,” Mr Shuttleworth said. “It went for £68,000 and is now on the market for £150,000, which is a great discrepancy.” But a spokesman for the council said Holmfield had been sold at the market price. “The authority cannot retain vacant properties in the hope that in time their value may increase,” the spokesman said. “There are significant costs involved to keep them secure and weatherproof, and in our experience vandalism and deteriora

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