Asking price
£525,000
8 bedroom detached land for sale
Gloucester Road, Reading, RG30
Key features
- Approximately a Third of an Acre Plot
- Approved Planning Permission for Two 4-Bedroom Detached Homes
- Conveniently Close to Local Amenities
- Detached Studio
- Secluded, Peaceful Location
- Ample Parking
Property description
Presenting a rare and exciting opportunity to develop two brand-new, 4-bedroom detached homes in a sought-after location. Nestled on the western edge of Reading town centre, this prime site is just a short stroll from local amenities. Reading West Train Station is within easy walking distance and Reading mainline train station is only 1.5 miles away.
Planning Application - PL/21/0588
Address - 59 Gloucester Road, Reading, RG30 2TH
Link - https://publicregister.reading.gov.uk/pr/s/planning-application/a0zP2000003LviYIAS/pl210588?c__r=Arcus_BE_Public_Register&tabset-7417a=3
LOCAL INFORMATION
West Reading, situated west of the town centre, is a vibrant community centred around Bath Road, Tilehurst Road, and Oxford Road. The area features excellent schools such as Wilson Road Primary and St Edward’s Prep. Oxford Road buzzes with diverse shops and restaurants. The newly refurbished Reading West train station (2023) provides easy access to Newbury and London, complemented by key bus routes connecting the entire area. A favourite among families and professionals, West Reading also boasts beautiful outdoor spaces like Prospect Park, perfect for family outings and relaxation.
ADDITIONAL INFORMATION
£68,911.65 Community infastructure levy to Reading Borogh Council.
BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a non-refundable charge of £78.00 including VAT. This does not increase if there is more than one individual selling. This will be collected in advance by Lifetime Legal as a single payment. Lifetime Legal will then pay Us £26.00 Inc. VAT for the work undertaken by Us.
REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Davis Tate. (Not applicable to the Woodley branch – please contact directly for further information).
Mortgage calculator
Your payment
Borrowing £472,500 and repaying over 25 years with a 2.5% interest rate.
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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax click here.