For Sale by Modern Method Auction. This is an excellent opportunity to acquire a development site with full planning permission for 11 homes in a popular residential location in Reading. The site is currently occupied by 4 houses, which will be demolished to make way for the new development. The new homes will comprise a mix of 4 and 3 bedroom townhouses and semi-detached houses. The Gross Development Value (GDV) of the site is estimated to be between £5m and £5.5m. The development includes two affordable homes and a Section 106 Payment of £75,000. The site is located in a quiet, well-established residential area within walking distance of local shops, schools and amenities. It is also well-served by public transport, with regular bus services to Reading town centre.