Attention developers! Bettermove are delighted to welcome to the market this exciting plot of land for sale in Caversham Heights, available by online auction - welcoming cash buyers only.

There is a detached house on a substantial plot which used to be two dwellings. This is a fantastic redevelopment opportunity with potential to knock down the existing building and create a new home, subject to relevant planning permissions.

Sitting on a south-facing plot, the property backs on to the River Thames with private mooring included.

Located in the highly-desired area of Caversham Heights, the property is close to a number of local amenities such as Waitrose, local shops and bars and many good schools and the Royal Berkshire Hospital. Excellent transport links can be found from Reading and Reading West rail stations, the A329 and the M4.

Properties of this type in the area are rarely available so do not miss out on this fantastic opportunity! All enquiries can be made through Bettermove.

NOTE FOR BUYERS:

Traditional Online Auction Information

Please note: this property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.

Fees:

On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day.

There is an additional buyer premium of £2,400 (incl. VAT) which will be charged immediately online.

Pricing Information:

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

BetterMove and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

Exchange takes place instantly and the successful buyer has 28 days to complete the purchase.