Golden Lane Housing - Housing you can build your life around
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Golden Lane Housing - Housing you can build your life around

Telephone 0300 003 7007

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Our property portfolio

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Our property portfolio

Summary of properties

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Golden Lane Housing currently has a property portfolio of £95.4 million (at historic cost) which comprises 425 freehold and long leasehold properties.

In addition 312 properties are leased from private landlords on 1-3 year leases.

Below is a summary of the existing portfolio by size.

Properties
1 bed
2 bed
3 bed
4 bed
5 bed +
Total
Owned
127
104
112
64
18
425
Leased
172
58
33
33
16
312
Total
299
162
145
97
34
737
Tenants
323
336
445
380
195
1,679
Managed
14
19
0
0
0
33

(Figures at 31 March 2016)

Adaptations are often required in our properties to ensure they are suitable for the tenant’s needs. The extent of these adaptations can vary considerably depending on the level of disability and might include creating wheelchair access throughout a property or creating appropriate bathroom facilities for tenants with physical disabilities. The average cost of adaptations and updates required to bring new properties in line with GLH standards is typically around 20% of the purchase price of a property.

We undertake surveys of all of our properties on a periodic basis, and use this to generate and update our long term maintenance programmes. GLH has policy of continuous investment in its properties and we have spent on average £860,393 per annum on planned maintenance over the past three years.


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