BTG Eddisons · 28 Oct 2026 · in 9 days
Freehold site 0.39 acres with planning consent for two detached dwellings
Land Associated with 183 Long Lane, Tilehurst, Reading, Berkshire RG31 6YW · South East
LiveLandFreeholdVacant
- Guide
- £300,000
- Rent a year
- Vacant
- Yield on the guide
- –
- Payback
- –
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 1,380 sq ft
What it costs to own
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The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
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BTG Eddisons hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
BTG Eddisons' record
BTG Eddisons' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold land lot in Reading. Offered vacant, so there's no income from day one.
Lot 102, Land. Freehold site 0.39 acres with planning consent for two detached dwellings. Incredible subterranean levels with further potential. Approval for a fine five bedroom/four bathroom house (2,970 Sq. Ft. - new build). Approval for conversion of the workshop (2,556 Sq. Ft.) to create a separate, three bedroom detached house. Prime residential location. Guide Price: £300,000 - £325,000. A truly unique opportunity. In a desirable and established residential area, a secure gated driveway leads to this large site which contains a 2,556 sq.ft. workshop over 3 floors, parking, gardens, a large swimming pool, and changing rooms. Planning was granted by West Berkshire Council, Ref: 24/01343/FUL on 19/12/2024, we refer bidders to the planning portal for the drawings and decision notice. The scheme will create a substantial, 5 bedroom 2-storey dwelling on the site of the swimming pool, while conversion of the workshop creates a spacious 3 bedroom house. The truly unique feature of this property is the extensive network of subterranean tunnels and rooms, served by a goods lift, and benefitting from a private borehole water supply. This valuable resource, extending to approximately 1,380 sq.ft, has the potential for many uses, including; Fall-out bunker EMP resistant server farm Secure discrete storage A prepper’s paradise! This is a once-in-a lifetime opportunity for an imaginative buyer dedicated to the extraordinary. Click on the link for the full video tour to see the opportunity that lies below ground level. Auctioneers note: Site plan is for information purposes only. For full details of the extent boundaries of the site, refer to auction legal pack. Schematic drawings supplied by the seller. Occupancy: Vacant possession upon completion. Tenure: Freehold Occupancy: Vacant possession upon completion Address: Land Associated with 183 Long Lane, Tilehurst, Reading, Berkshire RG31 6YW
Figures come from BTG Eddisons' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.