Water Road and Dee Road, Reading, Berkshire, RG30
- PROPERTY TYPE
Plot
- SIZE
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Key features
- Full planning permission for 11 homes
- Mix of 4 and 3 bedroom townhouses and semi-detached houses
- GDV of approximately £5m - £5.5m
- Includes two affordable homes and a Section 106 Payment of £75,000
- Quiet, well-established residential area
- Within walking distance of local shops, schools and amenities
- Well-served by public transport
- Reading Borough Council Planning App No: 161507
Description
The site is currently occupied by 4 houses, which will be demolished to make way for the new development. The new homes will comprise a mix of 4 and 3 bedroom townhouses and semi-detached houses.
The Gross Development Value (GDV) of the site is estimated to be between £5m and £5.5m. The development includes two affordable homes and a Section 106 Payment of £75,000.
The site is located in a quiet, well-established residential area within walking distance of local shops, schools and amenities. It is also well-served by public transport, with regular bus services to Reading town centre.
This is a unique opportunity to acquire a development site with full planning permission for 11 homes in a popular residential location in Reading. The site is well-located and has the potential to generate a significant return on investment. Bids are invited in writing to by the 3rd November 2023
Location:
The site is set on the corner of Water road and Dee Road approximately 1.5 miles to the West of Reading Town Centre. Both Water Road and Dee Road are off the Tilehurst Road. Water Road is opposite prospect park and Dee Road further west close to Thre Meadway. West Reading covers an area in between Reading Town Centre to the east, Tilehurst to the West and Southcote to its South. The three main roads leading into Reading; the Bath Road, Tilehurst Road and the Oxford Roads all run through West Reading, offering excellent transport links into the Town Centre and M4 via the A4 or A33. There are some great schools in the area such as Wilson Primary School & St Edward’s Prep School. The Oxford Road is a vibrant area with a diverse range of shops and restaurants. Transport links include Reading West train station with trains to Newbury and London and several bus routes. There is a range of local amenities including a large Tesco superstore, a public swimming pool and some excellent outside spaces such as Prospect Park which is Reading's largest public park. Property in the area includes grand Victorian town houses, smaller terrace homes, and modern homes and apartments.
Brochures
Web DetailsParticularsWater Road and Dee Road, Reading, Berkshire, RG30
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reading West Station1.0 miles
- Tilehurst Station1.3 miles
- Reading Station1.8 miles
About the agent
Winkworth, Reading
Blagrave House 17 Blagrave Street, Reading, RG1 1QB
Winkworth was established in 1835 selling homes for the landed gentry in London and the home counties and 2014 opened its doors in Reading under the guidance of three vastly experienced local property professionals. Part of a network of over 100 offices, all of which are owner operated franchises, clients receive the benefit of a trusted market leading brand along with the hands-on and personal approach of an independent agency.
Located just 36 miles from Central London and 24 miles fro
Notes
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