Buying property on way to CPO
I am looking at buying a flat in a tower block that is likely to be demolished. If the scheme does not go ahead then there will probably be regeneration scheme. So I see it as win -win...
My one and only experience of compulsory purchase was very positive. I bought a house for £35k and received £65k after just 3 years. It was taken in a Pathfinder scheme in 2008.
Any one else had it? Any thoughts?
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