Nether Davah House, Inverurie

Nether Davah House is located in Inverurie on Golf Crescent. The scheme contains 13 Sheltered Housing flats, all on the same level. There are 48 cottages around the scheme, which are not being considered for closure.

Occupancy rates at the main block of the scheme averaged 97.4% over 10 years, and has consistently been at this level. We have a significant number of Sheltered Housing units in Inverurie (212 properties), but this has not translated into challenges in letting properties at the scheme.

Nether Davah House has a negative Net Present Value of around -£1.3 million, driven by the cost of future investment required here. This means that the scheme will require subsidy from other housing tenants to maintain in future.

Nether Davah House is located in a residential area some way from the centre of Inverurie. Inverurie offers a range facilities for tenants, including GP and pharmacy services and a variety of shops and other amenities. The scheme is located near to bus stops, with public transport links available via both train and bus to other settlements.

The main driver for considering the scheme for closure is the cost of investment required at the main block, which will require subsidy from other council tenants.