Friday 29 January 2010 11.08am
Considering these flats are mostly in the £250k - £300k range for buying, the council is paying over the odds for a previously unheard of level of luxury for council-let homes
My experience is that the kind of new build that a developer tries to scam £250k for in SE1 is generally of a size and build quality well below that of many council or social properties from an earlier time. I'd certainly rather live in, say, the Peabody block to the east of Walworth Road
than the funny-coloured rabbit hutch to the west!
Not sure what they rely on these days to get them sold - gullible buy-to-let investors and people 'paying for the neighbours' I suppose.