Council offered as little as €16k for house

Cork County Council may be forced to sell some of its affordable housing stock to developers as its not getting offers anyway near the market value from the public.

It was disclosed at a meeting of the council’s northern division in Mallow yesterday that in one case the local authority had only been offered €16,000 for a two-bedroom house.

Mary Ryan, the council’s director of services, said this was far below the value of the property, even if some work was needed to bring it up to scratch.