Guide price
£325,000
(£90/sq. ft)
2 bed flat for saleLong Toll, Woodcote, Reading RG8
2 beds
1 bath
4 receptions
3,624 sq. ft
EPC Rating: B
Just added
Chain free
Freehold
About this property
Freehold development and investment opportunity
Potential to create 2 apartments, subject to planning
Currently used as a 3624sq ft duplex apartment
Gated parking with 9 allocated spaces and a EV charging point
Well-kept communal grounds
No onward chain
A compelling potential development and investment opportunity set within a small, gated courtyard commercial development on the southern edge of Woodcote. Beechwood Court was originally constructed in 2007 as office accommodation, the owners of Cleeve House and Goring House which forms part of the development obtained planning consent for a change of use to residential in 2022, creating a substantial duplex apartment extending to 3,624 sq ft. The property is currently let on an assured shorthold basis and is being sold with the benefit of vacant possession. The existing structure presents an excellent opportunity for further development, subject to obtaining the relevant planning consents and offers flexibility for investors or developers seeking to maximise value or a purchaser seeking a well-appointed home. It enjoys a semi-rural setting within Woodcote, a highly regarded and vibrant village, set within an Area of Outstanding Natural Beauty, surrounded by open countryside with extensive walking routes through woodland and farmland. The village offers a strong sense of community alongside a range of local amenities, including shops, a post office, traditional pubs and a garden centre.
Additional Information:
Parking
There are 9 allocated parking spaces and an EV charging point.
Estate Service charge: £5,000 (includes refuge bin hire and collection, maintenance of communal grounds)
Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – domestic small sewage plant
Electricity - mains
Heating - Gas central heating to ground floor and air heat source pump and air con for first floor
The property has solar panels which the owners own outright and feeds into the National Grid. We are informed by our vendor that they can generate an income of approximately £2,000 per annum.
Broadband connection available (information obtained from Ofcom):
Superfast - Fibre to the cabinet (fttc)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Planning Consent
South Oxfordshire Council granted planning consent in May 2022 for a Change of use from Class E business to Residential Class C3
For further information please refer to the council's planning department Application No : P21/S3821/ful
Communal Grounds
To the rear of the property is a communal open grassed area with a paved patio that enjoys a south-westerly aspect.
Additional Information:
Parking
There are 9 allocated parking spaces and an EV charging point.
Estate Service charge: £5,000 (includes refuge bin hire and collection, maintenance of communal grounds)
Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – domestic small sewage plant
Electricity - mains
Heating - Gas central heating to ground floor and air heat source pump and air con for first floor
The property has solar panels which the owners own outright and feeds into the National Grid. We are informed by our vendor that they can generate an income of approximately £2,000 per annum.
Broadband connection available (information obtained from Ofcom):
Superfast - Fibre to the cabinet (fttc)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Planning Consent
South Oxfordshire Council granted planning consent in May 2022 for a Change of use from Class E business to Residential Class C3
For further information please refer to the council's planning department Application No : P21/S3821/ful
Communal Grounds
To the rear of the property is a communal open grassed area with a paved patio that enjoys a south-westerly aspect.
Mortgage calculator
Monthly repayment
£1,625 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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