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Land for sale
Church Lane, Three Mile Cross, RG7 1HD, RG7 1HD, Reading
139.991 €
Listed Jul 21, 2026
About this listing
Property Reference: 10043 Description An excellent opportunity to acquire a well-located and level parcel of land situated between two established residential properties. The site currently includes a double garage and presents clear development potential, subject to obtaining the necessary planning consents. Extending to approximately 31 feet (9.4 metres) in width and 85 feet (25.9 metres) in depth, the plot offers a regular and efficient footprint, making it particularly attractive for infill residential development, bespoke build projects, or long-term investment strategies. This is a compelling proposition for developers, investors, and self-build purchasers seeking to unlock value in a well-established residential setting. Investment & Development Potential
Strong potential for residential redevelopment (subject to planning)
Ideal for small-scale developers or custom/self-build projects
Attractive opportunity for investors seeking capital growth A comparable site towards the end of the street has recently secured planning permission, indicating positive local planning precedent (buyers must rely on their own enquiries and due diligence) Viewing Arrangements
The site may be viewed at any reasonable time without prior appointment. Viewers are respectfully requested to be mindful of neighbouring residents and their privacy. Tenure
Freehold interest offered with vacant possession, enabling immediate development or onward planning. Ownership Structure & Tax Efficiency:
The property is currently held within a single-purpose limited company, with no other assets or liabilities.
The vendor is open to flexible transaction structuring, including Direct asset purchase, or Acquisition of the company (share sale), which may offer potential Stamp Duty efficiencies for the purchaser
Purchasers should seek independent legal and tax advice to fully assess the benefits. The vendor is comfortable with either structure. Local Authority
Wokingham Borough Council Planning
All planning enquiries should be directed to the Local Authority. Interested parties must rely on their own investigations and satisfy themselves as to the suitability of the site for their intended use.Show more
Key Stats
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