Babington Road, London, SW16

Description

Build Your Dream Home in South London - and Save While You Do

Welcome to Babington Road, a rare opportunity to create your own bespoke home in a peaceful South London setting. Tucked away on a quiet residential street yet moments from Streatham, Balham, and Tooting, this serviced self-build plot combines the calm of suburban living with the convenience and connectivity of city life.

Planning permission is already in place for a striking, energy-efficient four-bedroom detached home, offering a generous layout across 166 m² (1,787 sq ft). The approved design features a master bedroom with ensuite and walk-in closet, a dedicated home office, and a separate utility room - all within a light-filled, contemporary home designed for modern family living. Purchasers can either build to this plan or bring forward their own architect's vision to suit personal taste and lifestyle.

Your Investment

This listing reflects the projected end value (GDV) of the completed home, showcasing the financial advantages of self-build compared to buying an equivalent property outright.

Indicative Project Breakdown:

Plot Price: £590,000
Stamp Duty on Plot: £19,500
Estimated Build Cost (166 m² @ £2,700/m²): £448,000
Projected Completed Value (GDV): £1,300,000
Estimated Total Project Cost (incl. SDLT): £1,057,500
Estimated Equity on Completion: ~£242,500
By choosing to self-build, buyers can create a custom-designed home for around 20% below market value, while enjoying major tax and financial savings in the process.

Why Custom Build?

Building your own home isn't just about design freedom - it's also one of the smartest financial routes to homeownership:

Significant Stamp Duty Savings - SDLT is paid only on the plot purchase, not the full completed value.
Example:
Stamp Duty on Plot: £19,500
Stamp Duty on Equivalent £1.3m Finished Home: £73,750
You Save: £54,250
VAT Reclaim on Materials - Claim back VAT on building materials and professional services.
No Community Infrastructure Levy (CIL) - Self-build homes are exempt from CIL charges, adding thousands in savings.
Bespoke Design - Tailor every detail - from floorplan to finishes - around how you want to live.
Energy Efficiency - Build to modern standards for comfort, performance, and low running costs.
Together, these advantages make Babington Road an exceptional opportunity to create a one-of-a-kind London home, combining design freedom with tangible financial benefit.

The Plot

Plot Size: 288 m² (approx. 0.07 acres)
Permitted House Size: 166 m² (approx. 1,787 sq ft)
Bedrooms: 4
Layout Highlights: master suite with walk-in wardrobe, home office, and separate utility room
Parking: None (car-free zone; dedicated cycle storage included)

The Location

Set within a quiet, tree-lined enclave, Babington Road enjoys a prime South London position between Streatham, Balham, and Tooting.

Nearest Local Station: Streatham Common (~0.4 miles)
Other Nearby Stations: Balham (~1 mile) | Tooting (~1.2 miles)
Connections: London Victoria in ~20 minutes | London Bridge in ~25 minutes
Lifestyle: Independent cafés, local shops, and green spaces including Tooting Bec Common
Education: Excellent nearby primary and secondary schools (state and independent)
The perfect balance of calm community living and urban convenience - Babington Road offers one of the very few chances to self-build your dream home within London's Zone 3.

Viewings

Contact us to arrange a private site viewing.
Opportunities to design and build your own London home are exceptionally rare - early enquiries are strongly advised.