For Sale
Frimley – Newly converted block of 91 apartments with further development potential
Absolute House, Lyon Way, Frimley, Surrey, GU16 7ER
Offers in excess of £17,500,000
- Property Type:
- Residential
- Tenure:
- Freehold
Description
On the instruction of R Stanley & B Tooley, Joint Law and Property Act Receivers at Stanley Capital Advisers
- Freehold unbroken block
- 91 apartments with further development potential
- Full Vacant Possession
- Estimated Rental Value of the 91 apartments (when fully let): £1,068,000 per annum
- Potential to increase the ERV subject to further development works
- Well located close to Frimley town centre and with good transport connections to London (via train) and motorways via M3/M25
Offers in excess of £17,500,000 are invited subject to contract for the Freehold interest, reflecting a capital value of £409 psf (net saleable area of the flats)
Subject to contract