Hounslow Town Centre Development Site Sold
October 2016 saw the sale of 30-32 Staines Road, Hounslow complete. The site will deliver 38 private residential units and ground floor retail space to bolster an area which is currently undergoing wide-spread regeneration.
The property is situated within a short walking distance of Hounslow’s main shopping district as well as Hounslow Central tube station, meaning the flats will be ideal for young professionals, commuters and buy-to-let investors.
Demand for the opportunity was strong during our marketing period, with numerous offers submitted well in excess of our guide price of offers in excess of £3,750,000, and the site was eventually sold for approximately 15% over guide to a private developer. This demonstrates that the market remains strong and healthy for consented, residential-led development opportunities in Greater London.
Please get in touch with us on 020 7183 2529 if you have a development opportunity which you are considering disposing of.
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- Sold for £4,300,000
- 30-32 Staines Road Hounslow TW3
- Sought-after area undergoing wide-spread regeneration
- Sold for 15% over guide price
- Planning permission for 38 residential units
- Within walking distance of Hounslow Central tube station
Kingsbury sourced a good number of attractive offers and I am pleased with the end result