News & insight

Substantial residential park sold for over £3,500,000 in Swansea

Marketing / 13 Apr, 19

Published on: 19th February 2019

We are delighted to have completed the sale of Woodland Park, a large residential caravan park with significant development potential.

The park is located in the village of Waunarlwydd which is located approximately 3 miles north west of Swansea and at the head of the Gower peninsula on the coast of South Wales.

With 11.5 acres of land in total, there is currently 8.2 acres of developed land with 114 park homes on site and a further 3.3 acres of land that offers development potential, subject to the relevant consents.

Andrew Bagnell, agent on the park and holiday and caravan park specialist in our Devon office commented, “Woodland Park generated substantial interest amongst park operators, it is an immaculately presented park which produces just under £200,000 per year. On top of the established side to the business there is also excellent development potential and we look forward to seeing what the purchasers, Wyldecrest, do with the site.”

We’ve recently published our annual market report which features a general economic background, market review, analysis of pitch values, industry news and a summary of parks sold and parks currently for sale – click here to view the full report.

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