Liverpool Council has lost a minimum of £1.8million on a home refurbishment project off Smithdown Road.
In June the ECHO reported that the council had spent millions of pounds on refurbishing 25 terraced houses on Tunstall Street in south Liverpool. The procurement process to refurbish the terraced homes was awarded to local builders Flanagan Building and Maintenance Services Ltd.
A cabinet report has now revealed the council spent around £5,084,00 on the project. The local authority has now agreed to sell the refurbished homes to Pine Court Housing Association for £3.2m, and faces a loss of around £1.8m.
