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Guide price
£4,500,000

Property for sale

Eastern Road, London RG12
Property
Added > 14 days

Key information

TenureFreehold
Council taxBand E

Features and description


Key Features
  • Freehold development site
  • Planning permission granted for a contemporary 60 apartment scheme
  • No onsite affordable
  • Central location less than half a mile from the town centre
  • Possible SPV sale subject to agreement
  • 38 x 2 bed and 22 x 1 bed apartments
  • Proposed GIA 42,211 sq ft (3,921 sq m)
  • Vacant

Description

The consented scheme consists of 60 units in an eye catching designed building. A selection of 1and 2 bedroom units, all with the benefit of direct outside space and with no onsite affordable, all the 2 bedrooms have en-suites to the principal bedroom. There is numerous parking on site including, underground with 64 spaces. The sellers have paid all the preplanning requirements and therefore this scheme can be commenced immediately.


Additional information

Tenure: Freehold


Accommodation


Proposed accommodation:


38 x 2 bedroom apartments each with en-suite facilities off the principal bedroom.


22 x 1 bedroom apartments.


Total Gross Internal Area 42,211 sq ft (3,921 sq m)


Planning


Planning permission has been granted by Bracknell Forest Council (ref 16/00626/FUL 22nd June 2016) for the redevelopment of the site to provide 60 residential units within a part-three, four and five storey building (plus basement car parking) with associated amenity space, landscaping, car parking, refuse stores and foot/cycle path link.


A certificate of lawful use or development was granted by the planning authority on the 18th January 2023 confirming the development has been implemented.


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About this agent

Nest Seekers UK - Mayfair
Nest Seekers UK - Mayfair
29 Pall Mall, London, SW1Y 5LP
020 4568 9926
Full profileProperty listings
Nest Seekers International is a global real estate brokerage at the nexus of technology and media. Founded in 2002 by industry visionary and current president and CEO, Eddie Shapiro, Nest Seekers evolved at the forefront of the digital media revolution, reaching a new generation of clients and gaining international exposure through groundbreaking media partnerships, revolutionizing the industry and fuelling Nest Seekers’ rapid growth. Over the past two decades, Nest Seekers has continuously expanded and has become a household name across multiple key metropolitan and luxury destinations. Today, with well over $100B in transactions and representations globally, Nest Seekers has 70 offices and 2,000 agents and employees across North America, the United Kingdom, Canada, the EU, Southeast Asia and the UAE. Aspirational and mid-to-high net-worth consumers rely on familiar and trusted brands with similar principles and identities; the Nest Seekers brand is synonymous with luxury and excellence. In every market, Nest Seekers has established itself as a market leader, specializing in Ultra Luxury and New Development. Our professionals are frequently featured as experts on the highest-rated media outlets such as CNBC, the BBC, Bloomberg, The Wall Street Journal and The New York Times. Additionally, the firm continues to gain global exposure with its television series, "Million Dollar Listing New York," the Shapiro Executive Produced Netflix hit "Million Dollar Beach House," and "Selling the Hamptons" on Discovery+, all made possible through our media arm 'Nest Media' which has ascended to the top of the Real Estate programming market. As a privately held company with no reliance on shareholders or investors, every aspect of our business is conceptualized, designed, and built in-house. Nest Seekers’ mission is to take what it has established in its key markets and continue to cross-connect with the key metro megacities of the world through sophisticated and revolutionary digital platforms that increase efficiency, quality, and conversions –– solidifying our business as the primary solution for high-quality real estate services across all markets. Finally, as well as serving the global real estate market, Nest Seekers is a trusted representative and advisor in accumulating, diversifying and preserving our client's portfolio of hard assets through our affiliated services, Nest Jets, Nest Yachts and Nest Fine Arts. Creativity, ingenuity, quality, and passion in service are the fundamentals of our success and growth.
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