project.
rg7 reading.
project SUMMARY.
PROJECT DESCRIPTION.
Balada Group acquired an office block previously used by an interior designer which comprises of a two adjoined units over two floors. We will be converting this commercial premises into two seperate two bedroom houses.
project description.
Balada Group acquired an office block previously used by an interior designer which comprises of a two adjoined units over two floors. We will be converting this commercial premises into two seperate two bedroom houses.
existing site.
Located in Theale and about 4.5 miles to the west of Reading, this property is conveniently situated under half a mile from Theale Station and under half a mile
from junction 12 of the M4 motorway.
building plans.
area map.
market overview.
transport.
Railway stations: The nearest station is Theale Station (0.3 miles). Theale to Reading (Crossrail) is 8 mins.
Motorway Junctions: M4 J12 is around 0.4 miles away.
Flights: London Heathrow Airport is the nearest airport (26.5 miles).
shopping/leisure.
There is an Asda superstore about 2.6 miles from the property, and there is also Waitrose (slightly over 3 miles away) and a Tesco supermarket (around 3.6 miles away) within easy reach.
There is a Vue and a Showcase cinema 4.6 miles away in Reading.
medical.
Hospitals: Prospect Park Hospital is the closest hospital (2.7 miles).
Doctors: There are 2 surgeries within walking distance – Dr James Bywater and Partners is around 0.2 miles away (5 min walk) and Dr James Bywater and Partners is around 1.1 miles away (23 min walk).
business/work.
Arlington Business Park is 0.4 miles from the property (1 min).Arlington Business Park is designed around a picturesque lake and approximately 650,000 sq ft of shared parkland. With pocket parks, open grassy banks, picnic spots and tree-lined paths, Arlington’s innovative design brings nature into your place of work.
financial analysis.
overview.
purchase price.
£290,000
refurb/other costs.
£90,000
gdv.
£560,000
profit.
£180,000
contact us.
Kemp House, 160 CIty Road, London, EC1V 2NX