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Eastern Road, London RG12 Property for sale
Eastern Road, London RG12
£4,500,000
Eastern Road, London RG12
£4,500,000
Our Summary
- Key FeaturesFreehold development sitePlanning permission granted for a contemporary 60 apartment schemeNo onsite affordableCentral location less than half a mile from the town centrePossible SPV sale subject to agreement38 x 2 bed and 22 x 1 bed apartmentsProposed GIA 42,211 sq ft (3,921 sq m)VacantDescription
- The sellers have paid all the preplanning requirements and therefore this scheme can be commenced immediately
- Planning permission has been granted by Bracknell Forest Council (ref 16/00626/FUL 22nd June 2016) for the redevelopment of the site to provide 60 residential units within a part-three, four and five storey building (plus basement car parking) with associated amenity space, landscaping, car parking, refuse stores and foot/cycle path link
Description
This freehold development site in a central location, just a short walk from the town centre, has planning permission for a contemporary 60-apartment scheme. The proposed development features a mix of 1- and 2-bedroom apartments, all with direct outside space and en-suite facilities in the 2-bedroom units. The building will also include underground parking for 64 cars. The sellers have already paid for the pre-planning requirements, making it possible to start construction immediately. The site has a total Gross Internal Area of 42,211 sq ft and a certificate of lawful use or development was granted in 2023, confirming the development's implementation.