3 bedroom property with land for sale

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3 bedroom property with land for sale

Wokingham, Berkshire
£950,000

Our Summary

  • For Sale by online auction on 27th February 2024 (unless sold beforehand)  A site of about 1
  • Any additional development on that land is considered very speculative and a longer term project
  • There is no relevant planning history for this site
  • It is anticipated, in a development appraisal, there may be an opportunity for a further 2 houses to appear as a natural extension to the recent new build

Description

The property for sale is an approximately 1.15-acre site with a detached bungalow near the road frontage. The current property is not habitable, but development similar to recent new builds in the area suggests the possibility of replacing the bungalow with two further houses on the frontage. The site also includes a wooded area identified as a priority habitat, which could potentially be developed in the future, but is considered very speculative and a longer-term project. The property is within the administration area of Wokingham Borough Council, and while there is no relevant planning history for the site, a development appraisal by a local planning consultant suggests there may be an opportunity for two further houses to be built as a natural extension to recent new builds. All mains services are available, and the property is freehold with vacant possession upon completion of the purchase. Viewings are by appointment with the owner's sole agents and auctioneers.
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