OVERAGE RIGHTS FOR LOT A Upper Rainham Road Hornchurch RM12 4EY : B | E Auction House
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OVERAGE RIGHTS FOR LOT A Upper Rainham Road Hornchurch RM12 4EY

OVERAGE RIGHTS FOR LOT A Upper Rainham Road Hornchurch RM12 4EY

OVERAGE RIGHTS FOR LOT A Upper Rainham Road, Hornchurch, Essex, RM12 4EY
£125,000 Guide Price

Key Points

Property Features

  • Located off Rainham Road, Hornchurch ( LOT A)
  • Approximately 3 acres freehold land ( The land itself has sold - we are selling the overage rights over the land)
  • Potential future development value subject to planning
  • Type: Land
  • Tenure: Freehold

Description

Property Summary

FOR SALE – LONG-TERM OVERAGE RIGHTS OVER LOT A, Upper Rainham Road, Hornchurch RM12 4EY

An opportunity to acquire the benefit of overage rights over an approximately 3-acre freehold parcel of land situated off Rainham Road, Hornchurch.

The land is sold subject to an overage agreement entitling the beneficiary to 32% of any uplift in value arising from the grant of planning permission or future development of the site for a period of 80 years.

The parcel occupies a strategic position within the Hornchurch area and may offer future development potential, subject to the necessary planning consents. The overage provisions present a rare opportunity for investors, land promoters, and strategic land buyers seeking long-term value appreciation linked to future planning gain.

Key Features:

Approximately 3 acres freehold land ( The land itself has sold - we are selling the overage rights over the land)
Located off Rainham Road, Hornchurch
32% overage entitlement
Overage term of 80 years
Potential future development value subject to planning
Strategic long-term investment opportunity

Further information, title documentation, and overage agreement details are available upon request

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