Mixed Use Investment in Cowplain Sold Over Guide Price
Wednesday 10 August 2022
Flude Property Consultants were instructed to market the freehold interest of this mixed use investment which has development potential in Cowplain; a busy residential and commercial suburb of Waterlooville.
The property comprises a semi-detached two storey building which is configured as a ground floor retail unit and a one bedroom flat above. Externally, there is side access to the rear garden which benefits from planning permission to build two additional one bedroom flats.
The property was sold to a private investment company for a figure over the guide price.
Director, Sebastian Martin, commented, “When we went to market, the property received good interest which enable us to secure a price over the guide price of £295,000 to a cash purchaser. These types of opportunities continue to be popular with a range of buyers”.
