Transforming lives, Revitalising neighbourhoods

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Stock Transfer Case Studies

Lee Valley Housing Association Ltd – This involved the transfer of 2,700 properties in Netherley and Valley wards in Liverpool and the transfer of 21 Liverpool City Council staff.  The major challenge was to improve in poor quality homes and bring them up to decency standards through the investment of £35m.

                   Before                                                        After      Lee Valley Before

revamped houses

 

 

 

 

 


Berrybridge Housing Ltd – This involved the transfer of 3,585 properties in Dovecot, Liverpool, the majority of which were traditional 1930s ‘garden suburb’ properties. Around 30 staff came over from the council as part of the agreement. These properties require £47m of investment to bring them up to Decent Homes standard, alongside work Riverside is carrying out to provide new housing for rent and sale.

                   Before                                                          After    

abandoned houses

new house

 

 

 

 

 


Bowlee Park Housing Association Ltd– This involved the transfer of over 3,000 (including 1000 empty) houses and 30 former Manchester City Council staff. We investing over £37m in order for the properties to meet the Decent Homes standard, have cleared the 1,000 empty homes and are developing 900 new homes for sale through our partner Lovell, as well as new social housing.

                   Before                                                          After   

rundown houses

house

 

 

 

 

 


Carlisle Housing Association Ltd – This was our biggest transfer and saw all of the Carlisle City Council stock (7,200 properties) being taken on. It involved the transfer of 4 offices with 269 staff, including a large direct works department.  The mix of stock is of general family and sheltered accommodation, within both the City and the surrounding area.  Investment of £52m is being made over a 5-year period in new windows, central heating, and new kitchens/bathrooms, and estate and environmental improvements.


Key contacts:

Dave Wiseman - Assistant Director, New Business Integration

dave.wiseman@riverside.org.uk