Sold for £5,000

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Freehold land equivalent to 5.11 acres comprising highway, paths, verges and parcels with speculative potential for development subject to planning.

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Description/Location

Situated in an established residential area adjacent to the Caversham Park Estate. A parcel of land to the west of Lowfield Road adjoins the Caversham Park Estate (0.46 acres) and other parcels within the title offer speculative potential for a variety of uses and development subject to planning. We believe the title will comprise land that is publicly adopted, buyers should make their own enquiries in this regard. The Lot is sold subject to such requirements as set out in the title to transfer part of or otherwise deal with the Lot for stated third parties.

Tenure

Freehold

Local Authority

Reading Borough Council

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Please contact Charles Darrow Network Auctions on 01626 330022

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.