Stock Condition Survey Presentation Rykneld Homes

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Stock Condition Survey PresentationRykneld Homes

• Peter Oliver
• Director

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Objective - To Successfully Manage Maintain
its Stock and its Environs
Identify investment need over a 30 year
horizon Validate ALMO bid decent homes
analysis Inform Investment Planning
and Procurement Processes
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Background

• 1) ORIGINAL SURVEY
• Original In-house survey 2004
• Validation for ALMO bid 2006
• Required 100m desktop costs
• 2) CURRENT SURVEY
• Works planning
• Housing Health Safety Rating System
• Detail required at dwelling level
• Updated asset management profile
• 3) FUTURE SURVEY
• In-house team carry out 10 annual rolling stock
  condition survey to update and maintain accurate
  information

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Survey Methodology
Sample Strategy 25 Elemental life
expectancies roofs, boilers, etc Schedule of
Rates cost of replacing works
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Sample Strategy
Property Characteristics Type Age Constructio
n Tenure Geography (More in-depth structural
survey underway June 08)
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Schedule of Rates cost of replacing works
Roof 7,000 Windows 2,600 Doors 600 Kitc
hens 4,900 Bathroom 2,250 Electrics 2,400 Bo
iler 2,000 Heating Distribution 2,700
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Elemental Life expectancy
Roof 60 Windows 30 Doors 30 Kitchens 20 B
athroom 30 Electrics 30 Boiler 15 Heating
Distribution 30
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Why Invest?

• technical need
• maintenance policy
• statutory/regulatory guidance
• finance
• sustainability
• tenant promises

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Overall Results (Clear 5 year Investment
Plans. Further work between NEDDC
RH to determine 6-30 plans)
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Overall Results By Category
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Analysis of Major Renewals
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Key Points

• Develop detailed 5 year investment plans by -
  June 08
• High levels of investment are required in the
  next five years
• 3,260 dwellings require new kitchens in the next
  five years at a cost of 16.0m.
• 3,000 dwellings require new bathrooms in the
  next five years at a cost of 7.6m.
• Vast majority of stock double glazed

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Key Points cont..

• 3,000 dwellings require electrical works in the
  next five years at a cost of 7.2m.
• 4,000 dwellings require central heating works in
  the next five years at a cost of 25m
• 3m on front and rear doors
• Above eaves - 7.6m (roofing, chimney, rwg,
  fascia)
• Non-Traditional Structural works Engineers
  survey in progress

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Decent Homes
53 Currently Fail April 08 32 Have the
potential to fail by 2013
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ALMO BID POSITION
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NEXT STEPS

• Inform Annual Maintenance Plan June 08
• Non-trad structural surveys to inform 5 year
  decent homes plan June 08
• Inform 5 year Investment plans June 08
• Inform 30 year Business Plan based on scenario
  options

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