About this home
Property Details: - Type: Land - Bedrooms: 0 - Bathrooms: 0
Agent: Barney Estates & Auctioneers - Battersea Phone: 020 8022 1787
FOR SALE - LONG-TERM OVERAGE RIGHTS OVER LOT B, Upper Rainham Road, Hornchurch RM12 4EY <br/><br/>An opportunity to acquire the benefit of overage rights over an approximately 3-acre freehold parcel of land situated off Rainham Road, Hornchurch.<br/><br/>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.<br/><br/>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.<br/><br/>Key Features:<br/><br/>Approximately 3 acres freehold land ( The land itself has sold - we are selling the overage rights over the land) <br/>Located off Rainham Road, Hornchurch<br/>32% overage entitlement<br/>Overage term of 80 years<br/>Potential future development value subject to planning<br/>Strategic long-term investment opportunity<br/><br/>Further information, title documentation, and overage agreement details are available upon request
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