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Air Space Development with Planning Permission Granted for Four Flats
Address
See address
Auction date
28 Jul 2026
Guide price
£125,000
Type
Commercial
Tenure
Leasehold
EPC Rating
Unknown
Status
Upcoming
Description
This property represents an exciting air space development opportunity in Romford, featuring approved planning for an additional fourth floor. It is designed to create four modern apartments (three 1-bedroom and one studio), with an estimated gross development value of approximately £900,000 and projected rental income of around £73,000 per annum. The site is conveniently located just half a mile from Romford station, providing excellent transport links to London.
- Planning permission granted for four flats (Ref: J0026.25)
- Leasehold with 999 years from August 2021 (approximately 994 years remaining)
- Parking available
- Located ½ mile from Romford Station
- Well connected by road via the A12
This development could be a great investment in the vibrant Romford area, offering potential for high returns from rental income and growth in property value.
Last update: 04 Jul 2026
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