This is a Leasehold Property
noir by david cliff - NOT ONE, NOT TWO, BUT THREE
Offered to the market with the added benefit of having no onward chain complications is this excellent investment and refurbishment project. The property is the former manse of Sindlesham Baptist church which is positioned along Bearwood Road.
At present the property which is set over two floors offers two, one bedroom apartments with large living spaces and double bedrooms which would make excellent investments to rent out individually. Whilst on the ground floor there is the opportunity to create another one bedroom apartment with private courtyard.
Planning consent has been granted or the proposed change of use of part of the ground floor to a one bedroom flat with associated parking, bin and cycle storage.
The purchase will be subject to a CIL payment payable by the successful purchaser to the local authority and for further information please check Wokingham council's planning portal reference: Planning Application Number 221699.
The property is located within walking distance of local amenities including Winnersh train station and lots of excellent schools.
The property is being sold on a freehold basis and the church will be retaining 2 ground floor rooms that will be subject to a 999 year lease. The church will be responsible for 25% of the repairs to the structure of the building and 25% of the cost of the buildings insurance. The church will maintain responsibility for driveway upkeep but charge a fair proportion of cost to maintain the parking area to the owners of The Manse.
The property cannot be renamed to be associated with the church, must be use for residential purposes only and cannot be extended to the front or the rear of the building.
Important information
This is not a Shared Ownership Property
This is a Leasehold Property
Property Ref: 9768854_WOK240506
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