Glenny’s Residential Development Agency team has successfully completed on a freehold residential development opportunity in Rainham, Essex for their long-standing client The London Borough of Havering.
The site was sold with the benefit of a detailed planning consent for a small housing development located next to Bretons Outdoor Centre in Rainham. Although launched for sale during the Covid pandemic, the development opportunity generated a fantastic number of proposals from local developers with offers exceeding our client’s expectations.
Gavin Donn, Associate at Glenny commented: “The sale of this freehold land supports the continued high demand we have seen for quality development opportunities located within our core patch. We were once again pleasantly surprised at the high amount of offers received from active developers in strong financial positions”.