Plot for sale

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Plot for sale

Water Road and Dee Road, Reading, Berkshire, RG30
£1,170,000

Our Summary

  • For Sale by Modern Method Auction
  • This is an excellent opportunity to acquire a development site with full planning permission for 11 homes in a popular residential location in Reading
  • This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
  • For Sale by Modern Auction – T & C’s apply
  • Full planning permission for 11 homes
  • The Modern Method of Auction

Description

This development site in Reading offers a rare opportunity to build 11 homes, comprising 4 and 3 bedroom townhouses and semi-detached houses, with full planning permission in place. The site, currently occupied by four houses, will be redeveloped to create a mix of residential properties, including two affordable homes, with a gross development value estimated to be between £5m and £5.5m. The location is quiet and well-established, within walking distance of local amenities, schools, and shops, and is also well-served by public transport. The property is being sold by the Modern Method of Auction, requiring the buyer and seller to complete the sale within 56 days.