Development
properties

8 Ardler Road Reading RG4 5AE

Highfield are inviting offers in excess of £325,000 for the freehold development opportunity.

Freehold development opportunity

Planning permission has been granted for the demolition of the existing bungalow and construction of two x 2 storey semi-detached houses

Site measuring approximately 1,506ft2

House 1 (2-bedroom semi-detached) measuring 871ft2 offers a private garden and on site car park

House 2 (2-bedroom semi-detached) measuring 871ft2 offers a private garden and on site car park

5 minute drive to Reading Station and a 24 minute train to London Paddington Station

Low CIL

Freehold

Vacant possession upon completion

Offers in excess of £325,000

Description

The site is located in Borough of Reading and provides a total GIA of 162sqm/1,742sq.ft. The site lies 0.8miles North of Reading Staiton, which provides a 24-minute direct link to London Paddington station. The property has planning permission for the demolition of the existing bungalow and the erection of two x 2 storey semi-detached houses with on site parking and private amenities space.

Location

The site is located within the Borough of Reading 0.8miles North of Reading Station. With local amenities like the Co-Op and the Red Cow Pub just around the corner it sits within walking distance from a number of restaurants and pubs. The local area also offers a Gym & Leisure Centre, Crown Plaza hotel, two parks and multiple primary schools.

Transport

The site benefits from close proximity to Reading Station which is 0.8 miles away. There are also multiple bus routes into the city centre.

Access

The site can initially be viewed from the roadside. Furthermore, internal access can also be arranged through a member of the Highfield team.

VAT

We have been advised that VAT is not applicable.

Tenure

Freehold

Financial Contributions 

We have been advised that all contributions total approximately £22,000.

Terms

We are inviting unconditional offers in excess of £325,000 for the freehold interest.

Schedule

Unit Beds Amenity GIA (sq m) GIA (sq ft)
Unit 1
Beds 2b
Amenity GIA Private Balcony
(sq m) 81
GIA (sq ft) 872
Unit 2
Beds 2b
Amenity GIA Private Balcony
(sq m) 81
GIA (sq ft) 872
Unit
Beds
Amenity GIA
(sq m) 162
GIA (sq ft) 1,744

Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.