Inside Britain’s most expensive council houses

Sale of derelict neighbouring houses in south London had been billed as priciest ex-local authority sell-off ever
Almost two years after they were bought for total of £2.96m, first of the homes has gone on the market for £3.35m
Grade II-listed properties were taken over by squatters in 2013 who protested at housing shortage in Southwark
But council insisted money raised from sell-off would fund building of about 20 new council homes in borough

Mark Duell for MailOnline

Published:
15:09 GMT, 30 July 2015

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Updated:
18:10 GMT, 30 July 2015

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Britain’s most expensive council houses are being revamped by a property developer – and are set to sell for more than £3million each.

The sale of the derelict neighbouring houses in Borough, south London, had been billed as the priciest ex-local authority sell-off ever.

And almost two years after they were bought for a total of £2.96million, the first of the homes has gone on the market for £3.35million.

The Grade II-listed properties were taken over by squatters in 2013 who protested at the housing shortage in the borough of Southwark.

But the council insisted the money raised from the sell-off would fund the building of about 20 new council homes in the borough.

Planning permission for the properties’ refurbishment came with clearance for building new conservatories and ‘winter garden’ balconies.

Neighbouring properties: Britain’s most expensive council houses are being revamped by a property developer in south London

Paintings: The sale of the two houses in Borough, south London, had been billed as the priciest ex-local authority sell-off ever

Looking out: Planning permission for the properties’ refurbishment came with clearance for building new conservatories

Stylish bathroom: The property is up for sale almost two years after the neighbouring properties were bought for a total of £2.96million

Yellow and purple: The Grade II-listed properties were taken over by squatters in 2013 who protested at the housing shortage in Southwark

Library: The council insisted the money raised from the sell-off would fund the building of about 20 new council homes in the borough

Contemporary design: The first of the derelict neighbouring homes has been renovated and has gone on the market for £3.35million

Loft space: Southwark councillor Mark Williams said the funds from the house sale have ‘allowed us to invest in our council homes’

Table and chairs: The houses are in an excellent location in south London, close to Borough Market, London Bridge and the Shard

Pink walls: The average property price in the area stands at about £580,000, which is up 20 per cent in just two years, according to Zoopla

Original view: The derelict homes were in a poor state before being built – and were partly held up by scaffolding (pictured)

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