Land for Sale in Finchampstead, Berkshire

Investment Land for Sale in Finchampstead

Guide Price: £11,999

Size: 125 sq m

Land Type: Investment

Planning Permission: No Planning Permission

Land Designation: Unknown

Seller Last Active: Within the last 6 months

Summary: Situated within a larger proposed development, this land is set to increase in value once the suitable planning permission is submitted and obtained.Originally sold by a land investment company, now offered up for resale by the original vendor who purchased as a medium to long term investment. This superb site is located in the prestigeous Thames Valley county of Royal Berkshire between the M4 motorway (Junction 10) and the M3, just 44 miles west of central London. The Thames Valley is considered to be the "Silicone Valley of the UK with many global technology companies headquartered in nearby Bracknell, Reading and Farnborough. Regional Spatial Strategy for the South East of England is being prepared which proposes 10,460 dwellings for Wokingham District over the period 2006 - 2026 to meet the needs of the growing population in this part of the region. This equates to 523 per annum. Land offers the Local Authority a solution to providing housing that is not complicated by any third party ownership. Of the 11 surrounding Local Authorities, the housing target for Wokingham is the second highest. This clearly indicates that Wokingham is a strategic location to deliver the housing targets. Within Wokingham, there is a general approach to accommodating development within or around existing settlements that are well served by infrastructure and services, where new development would be of a sustainable approach.

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