12 bedroom detached house for sale

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12 bedroom detached house for sale

Gridiron Place, Upminster, RM14
£1,500,000

Our Summary

  • It offers a rare opportunity to acquire a historic property with character, charm, and development potential (subject to planning and overage provisions)
  • • The sale is subject to an Overage Agreement, to the front between the main building and st marys lane under which 25% of any uplift in value resulting from future development (within 20 years) will be payable to the vendor
  • Excellent Investment Opportunity
  • Huge Potential To Convert Into A Residential Home

Description

This historic Grade II listed building, formerly a Rectory and later used as offices, offers a unique opportunity to acquire a property with character and development potential. Located near Upminster town centre, adjacent to St Laurence Church, the three-storey building features multiple office/room spaces, a ground floor reception area, kitchen, and private rear garden. The property also includes a surfaced parking area for 15 vehicles and is fitted with fire and intruder alarm systems. Although some minor repairs were made to the external brickwork in 2022, the property is being sold with vacant possession and is subject to an Overage Agreement, which requires 25% of any future development uplift in value to be paid to the vendor. With an Energy Performance Certificate of Band E and a rateable value of £31,000, this historic property presents a rare chance to own a piece of Upminster's history.