Palace Auctions (London) LTD, London

The site sits behind Homebase Ltd, Woodgate Drive, Lambeth, London

Guide price

£300,000

Auction

Size

2.312

Tenure

Freehold

EPC

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Parking

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Primary use
Land
Other use(s)
Commercial development, Residential development, Land

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking
  • Transport links
  • Well connected
  • Natural light
  • Open plan

Key features

  • Freehold development land for sale in Streatham Vale, SW16 — 2.3 acres (9,354.39 sqm)
  • Guide price £300,000 — Palace Auctions London, live and online auction
  • Rare opportunity to acquire a substantial development plot in a high-demand South London postcode
  • Vendor currently progressing an updated pre-application planning proposal (STPP)
  • Walking distance to Streatham Common station — approx. 15 minutes to Victoria
  • Close to the A23, with direct road links into Central London
  • Located within a corridor benefiting from £9m of A23 infrastructure investment
  • Over £1.9m committed to local regeneration schemes in the surrounding area
  • Surrounded by parks, schools, shops and everyday amenities
  • Auction: 23rd September, 12 noon — live and online at Claridge's, Mayfair. Legal pack available on request

Description

Freehold Development Land For Sale, Streatham Vale SW16 | Lot 106 | Guide Price £300,000

A rare 2.3-acre (9,354.39 sqm) parcel of freehold development land in Streatham Vale, offering genuine uplift potential and within walking distance of Streatham Common station. Offered by Palace Auctions London at a guide price of £300,000.

The Location

Streatham Vale sits in the London Borough of Lambeth, one of South London's most active regeneration corridors. The site benefits from excellent transport links, with Streatham Common station and the A23 both close by, giving journey times of around 15 minutes into Victoria.

The surrounding area has seen significant recent investment, including a £9m upgrade to the A23 corridor and over £1.9m committed to local regeneration schemes. Buyers searching for development land near Streatham Common will find the plot surrounded by parks, schools, shops and everyday amenities, making it an attractive long-term hold as well as a development opportunity.

The Property

Lot 106 is a freehold plot of development land in Streatham Vale extending to approximately 2.3 acres (9,354.39 sqm). The vendor is currently progressing an updated pre-application planning proposal, positioning the site well for those looking to acquire land with active development potential in SW16.

This is subject to planning permission (STPP), and no consent is currently in place — but the ongoing pre-app work gives an incoming buyer a genuine head start on unlocking the site's value. For developers and investors searching for freehold land for sale in South London with real uplift potential, Lot 106 is a rare opportunity to acquire a substantial plot in an area of strong housing demand.

Development Potential

Streatham Vale has become a focal point for residential-led regeneration, with several large-scale housing schemes recently delivered or underway nearby. This sustained investment and demand for new homes in the area supports the long-term case for development land in this location, whether for residential, mixed-use or land-banking purposes.

Auction Details

Lot: 106
Guide price: £300,000
Auction date: 23rd September, 12 noon
Venue: Live and online at Claridge's, Mayfair
Auctioneer: Palace Auctions London
Legal pack: Available on request

Prospective buyers are advised to review the legal pack and satisfy themselves on planning matters prior to bidding.
Palace Auctions (London) LTD, London

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Additional information
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Listed building
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Energy performance certificate: Ask agent

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Environmental data
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Environmental description
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Read more about energy considerations for commercial property

The site sits behind Homebase Ltd, Woodgate Drive, Lambeth, London

NEAREST STATIONS

National Rail

Streatham Common Station

0.12 miles

National Rail

Streatham Station

0.63 miles

National Rail

Norbury Station

0.72 miles

About Palace Auctions (London) LTD, London

Palace Auctions (London) LTD, London

Palace Auctions London is a leading property auctioneer, specialising in residential and commercial sales across all London boroughs and beyond. Our award-winning team combines unrivalled local expertise with global reach, offering both in-room and advanced online auctions for maximum exposure and certainty of sale. We provide transparent, competitive bidding, legally binding transactions, and a seamless process from expert valuation to completion—typically within 28 to 56 days.

Our services include free market appraisals, tailored marketing, legal pack preparation, and specialist advice for investors, developers, first-time buyers, and charities. With a 95% completion rate and record results in prime London areas, we deliver swift, secure sales and outstanding value for every client.

Contact our Mayfair office for a confidential discussion about your property needs.

11 Old Bond Street, London, W1S 4PN | 07971033276 or 0207 101 3647

Opening Hours: Mon–Sat 5am–8:30pm

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Disclaimer - Property reference PASEP2333. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Palace Auctions (London) LTD, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.