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