Hints from the Health Department. Leaflet from the archive of the Society of Medical Officers of Health. Credit: Wellcome Collection, London
[Report of the Medical Officer of Health for Wandsworth, Metropolitan Borough]
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118
Report of the Medical Officer of Health.
The financial aspect is set forth upon the statement submitted herewith,
our approximate estimate of capital outlay being £44,100, made up of £39,300
for the buildings and £4,800 for the site.
The financial statement indicates the gross and nett rentals that can be
reasonably expected, based upon our experience in dwellings erected for other
public bodies charging less than the rents ruling in the neighbourhood, and
this will show a nett return of £3: 10: 4 per cent. per annum, after allowing
for a sinking fund invested at 3 per cent. to repay the total outlay in 60
years.
Estimated Cost—
Buildings (5 floors high)1 | |
Land (£4,000 + £800) | 4,800 |
Architect's Commission | 1,859 |
Clerk of Works salary (say) | 260 |
Total Cost |
Estimated Revenue—
Front Block Back Blocks
£ | |||
---|---|---|---|
5 four-room tenements @ 9/6 per week | 2 | 7 | 6 |
25 three-room „ @7/6 „ | 9 | 7 | 6 |
20 two-room „ @ 5/6 ,, | 15 | 0 | 0 |
5 four-room ,, @9/- „ | 2 | 5 | 0 |
65 three-room „ @ 7/- „ | 22 | 15 | 0 |
45 two-room „ @5/- „ | 11 | 5 | 0 |
20 single-room ,, @3/- ,, | 3 | 0 | 0 |
185 tenements containing 460 rooms | 10 | 0 | |
52 | |||
Gross Rent per annum | 0 | 0 | |
Deduct 38 per cent. for outgoings† | 1,116 | 0 | 0 |
Nett Rent per annum | 0 | 0 | |
Sinking Fund at 3 per cent. to repay total outlay in 60 years | 270 | 0 | 0 |
Nett Revenue per annum | 0 | 0 |
Or sufficient to pay at the rate of £3: 10:4 per cent. per annum.
*CUBINGS—942,869 cubic feet at 9¼d. = £36,338
16,872 „ „ „ 1s. = 843
£37,181
† Including Rates, Taxes, and Gas, 21 percent. on Gross Rentals; Insurance,
Superintendence, Management, and sundries, 11 per cent. on Gross