Church Lane, Three Mile Cross, Reading, RG7 1HD, Reading, RG7 1HD
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Double Garage
Description
Description
An excellent opportunity to acquire a well-located and level parcel of land situated between two established residential properties. The site currently includes a double garage and presents clear development potential, subject to obtaining the necessary planning consents.
Extending to approximately 31 feet (9.4 metres) in width and 85 feet (25.9 metres) in depth, the plot offers a regular and efficient footprint, making it particularly attractive for infill residential development, bespoke build projects, or long-term investment strategies.
This is a compelling proposition for developers, investors, and self-build purchasers seeking to unlock value in a well-established residential setting.
Investment & Development Potential
Strong potential for residential redevelopment (subject to planning)
Ideal for small-scale developers or custom/self-build projects
Attractive opportunity for investors seeking capital growth
A comparable site towards the end of the street has recently secured planning permission, indicating positive local planning precedent (buyers must rely on their own enquiries and due diligence)
Viewing Arrangements
The site may be viewed at any reasonable time without prior appointment. Viewers are respectfully requested to be mindful of neighbouring residents and their privacy.
Tenure
Freehold interest offered with vacant possession, enabling immediate development or onward planning.
Ownership Structure & Tax Efficiency:
The property is currently held within a single-purpose limited company, with no other assets or liabilities.
The vendor is open to flexible transaction structuring, including Direct asset purchase, or Acquisition of the company (share sale), which may offer potential Stamp Duty efficiencies for the purchaser
Purchasers should seek independent legal and tax advice to fully assess the benefits. The vendor is comfortable with either structure.
Local Authority
Wokingham Borough Council
Planning
All planning enquiries should be directed to the Local Authority. Interested parties must rely on their own investigations and satisfy themselves as to the suitability of the site for their intended use.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Church Lane, Three Mile Cross, Reading, RG7 1HD, Reading, RG7 1HD
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Notes
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