Hatherley Road, Reading, Berkshire, RG1
2 bedroom house in Reading
Guide Price £230,000 Freehold
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PICTURES AND VIDEOS
KEY FEATURES
- Best and final offers sought by 31st May 2024
- Development Opportunity
- Former Motorcycle Workshop
- Planning Approval for a Two Bedroom Detached House
- Two Storey Building Plus Basement
- Planning Application Number 191875
- Section 106 Contribution of £14,500
- Gross Development Value £375,000-£400,000
- Current Commercial EPC Rating G
KEY INFORMATION
- Tenure: Freehold
Description
Reading Borough Council have approved planning under planning application number 191875 for the alterations and refurbishment to enable the change of use to the existing former motorcycles workshop. This is a perfect opportunity for a self-builder or investor to create a unique and interesting home in an excellent location. Once complete, in our opinion the home's value will be in the region of £375,000 - £400,000.
An opportunity to acquire this former motorcycle workshop with planning approval in place to create a unique two bedroom detached home in Reading's sought after university area. The property is ideally located close to transport links, walking distance of the town centre and close to a good selection of local amenities, the University of Reading and the Royal Berkshire Hospital. The proposed two-bedroom home has an open plan living space on the ground floor, with fitted kitchen and a wc, a first floor bedroom with vaulted ceilings and an ensuite bathroom and a second bedroom in the basement, again with an ensuite bathroom and natural light being provided by a new light well and window. To the front of the property there is a courtyard garden and bicycle store.
Reading Borough Council have approved planning under planning application number 191875 for the alterations and refurbishment to enable the change of use to the existing former motorcycles workshop. This is a perfect opportunity for a self-builder or investor to create a unique and interesting home in an excellent location. Once complete, in our opinion the home's value will be in the region of £375,000 - £400,000.
Location
There is a diverse range of property in the area including grand Victorian town houses, smaller terrace properties, classic Georgian buildings and modern homes and apartments. This diverse range of homes accommodates a diverse range of people, from students to young professionals, from families to doctors and hospital staff. The diversity, excellent local amenities and community and it's convenient location make the University area a great place to live.
Marketed by
Winkworth Reading
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Meet the Team
Located just 36 miles from Central London and 24 miles from Oxford, Reading's geographical placement is perfect for living and working or commuting. Michael and James are established professionals who have years of combined experience and local knowledge and can offer you a friendly approach and unparalleled service.
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