Staines upon Thames

The building, which is located in a prime urban area, has been a hub of business activities for many years. Recently, this office block has gained approved permission under permitted development rights to undergo a significant transformation. The plan is to convert the existing structure into a residential building comprising 36 flats. This will be achieved by adding an additional two storeys to the existing structure, bringing the total to five storeys. The proposed flats will offer a mix of one, two, and three-bedroom units, catering to a variety of lifestyle needs. This project represents a significant step towards addressing the housing needs of the area, while also breathing new life into an existing structure. Once completed, the building will not only provide much-needed housing but also contribute to the vibrancy and diversity of the local community. The property is turn-key ready. GDV - £13 million Purchase - £4.1 million Build - £4 million ROI - £4.9 million