Examples of Redeveloped Properties
The Welsh Government have provided the Vale of Glamorgan Council with funding to transform vacant properties into homes, across the Vale of Glamorgan. Interest-free loans are available through the Houses into Homes and Home Improvement Loan schemes.
Welsh Government launched the Houses into Homes scheme in April 2012 and the Home Improvement Loan scheme in April 2015.
In February 2018, the funding terms were amended and the loans were renamed. The Vale of Glamorgan Council now offers an Empty Property Landlord Loan for properties that require renovation work before being let or sold (This is similar to the previous Houses into Homes Scheme). Also, offered is an Empty Property Owner-Occupier Loan to enable property owners to occupy their own property that needs work.
In addition, an Owner - Occupier Loan is available to property owners who live in a property that requires work.
Since the schemes have been in place, the Vale of Glamorgan Council has issued over £1,250,000 to loan applicants. This funding has resulted in empty properties being bought into use, which in turn has helped reach Welsh Governments targets.
Find examples below of long – term empty properties that have been transformed through housing loans facilitated by the Vale of Glamorgan Council.
A property on High Street, Penarth was empty for some time and during 2018/2019 it was transformed into a unique 2 bedroomed property having utilised housing loans funding. The property was successfully let soon after the completion of works.
During 2018, a storage space on Salop Place, Penarth was converted into a 2 bedroomed dwelling using housing loans funding and has since been let and occupied.
A long-term empty bungalow on Ash Grove, Barry benefitted from renovation during 2017/2018 with housing loan funding. The property has been successfully let to a family since the completion of works.
In 2017, a renovation project commenced on a bungalow on Laura Street, Barry that had been empty for 5 years. A housing loan was required to complete the works. Since the completion of the work in 2018, the property has been occupied by a family of 4.
An empty property that had previously been used as a commercial unit and 1 residential unit on Holton Road, Barry but had been empty for 5 years, was converted in 2018 to 4 residential units and to upgrade the commercial space. Housing loans funding was used for the renovation of the residential units. This provides affordable housing and all units have since been occupied.
The Old Fire Station, Court Road, Barry. This derelict building was empty for a number of years, but has now been transformed into 7 apartments and a coach house.
Long term empty flats above a redundant commercial premises on Holton Road, Barry. With the help of a Houses into Homes loan, this property has now been converted into 5 flats.
With the help from a Houses into Homes loan, this empty property on Winston Road, Barry has been converted into two flats.
Office units on Stanwell Road, Penarth which were no longer in use have been converted into three flats with assistance from the loan scheme.
With help from the Houses into Homes scheme, the owner of this empty property on Broad Street has undertaken a full renovation of 3 flats.
Should you wish to find out more information about the loan schemes please contact:
Regeneration and Planning
Vale of Glamorgan Council