Auction Lot

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Lot reference · H1QKKK
Long Term Overage Rights: Upper Rainham Road, Hornchurch RM12 4EY
Upper Rainham Road, Hornchurch RM12 4EY
Guide price
£100,000
Min. increment
£5,000
Auction ends
Fri, 23 October 2026 at 18:00:00 BST
Lot description
Key Features:
- Approximately 3 acres freehold land
- The land itself has sold - we are selling the overage rights over the land
- 32% overage entitlement
- Overage term of 80 years
- Potential future development value subject to planning
- Strategic long-term investment opportunity
The land was 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 parcels occupy 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.
Bid history
- No bids yet. The guide opens the lot.
