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Bradwell Road, Tilehurst, Reading, RG31

3 bedroom house in Tilehurst

Offers in excess of £450,000 Freehold

  • Bedrooms 3
  • Reception rooms 1
  • Bathrooms 1
  • Development Opportunity  |  Existing 3 Bedroom Semi-detached home on a Corner Plot  |  0.12 Acre Plot  |  Planning Approval to Build a 3 Bedroom Detached Home  |  Excellent Location Close to Local Amenities and Schools  |  Existing Home Is In Good Order with Tenants in Situ  |  Gross Development Value Approximately £775,000
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Bradwell Road, Tilehurst, Reading, RG31
Bradwell Road, Tilehurst, Reading, RG31 Price: £450,000

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*DEVELOPMENT OPPORTUNTY* An Opportunity to purchase a corner plot with a three bedroom semi-detached house and planning approval to add three bedroom detached family home. The existing property is a three bedroom semi-detached home. On the first floor there are two bedrooms and a modern family bathroom. Ground floor accommodation comprises; a generous lounge, re-fitted kitchen/diner, wc and a third bedroom (part of the planning requires the demolition of the 3rd bedroom). The planning which has been approved is for a detached family home of approximately 1500 sq. ft. with three first floor bedrooms, a family bathroom and an ensuite bathroom to the master bedroom suite. On the ground floor there will be a lounge, kitchen/diner, study and wc. When completed we expect the development value to be approximately £800,000 comprising of the new home at £475,000 and the existing home (which will become a two bedroom semi-detached home) at £325,000. The existing property is currently let on an Assured Shorthold Tenancy at £1200 a month and can be purchased with the tenants in situ or vacant possession.

*DEVELOPMENT OPPORTUNITY *
To purchase a corner plot with a three bedroom semi-detached house and planning approval to add three bedroom detached family home. The existing property is a three bedroom semi-detached home. On the first floor there are two bedrooms and a modern family bathroom. Ground floor accommodation comprises; a generous lounge, re-fitted kitchen/diner, wc and a third bedroom (part of the planning requires the demolition of the 3rd bedroom). The planning which has been approved is for a detached family home of approximately 1500 sq. ft. with three first floor bedrooms, a family bathroom and an ensuite bathroom to the master bedroom suite. On the ground floor there will be a lounge, kitchen/diner, study and wc. When completed we expect the development value to be approximately £800,000 comprising of the new home at £475,000 and the existing home (which will become a two bedroom semi-detached home) at £325,000. The existing property is currently let on an Assured Shorthold Tenancy at £1200 a month and can be purchased with the tenants in situ or vacant possession.

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