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Guide Price£300,000

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

Land size
2.3 acres

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.

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-09-02

Market Value Analysis

Compared with 14 Development Land listings in London (1+ acres).

This Property£130,435 / acre
Development Land Average (1+ acres) £1,597,434 / acre
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Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
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Parking
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Garden
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Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

1.8 Gbps

Gigabit full fibre

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

OutdoorsIndoorsEE Good NoneO2 Good GoodThree Good GoodVodafone Good Good

Predicted 4G and 5G signal; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Immanuel and St Andrew Church of England Primary School368 metresOfsted: Good *
    Ages
    3 to 11
    Pupils
    425
    Type
    Voluntary aided school
    Faith
    Church of England
  • Woodmansterne School496 metresOfsted: Good *
    Ages
    3 to 18
    Pupils
    1,637
    Type
    Community school
  • Granton Primary School556 metresNo Ofsted rating
    Ages
    3 to 11
    Pupils
    637
    Type
    Community school
  • Norbury Manor Primary School930 metresNo Ofsted rating
    Ages
    3 to 11
    Pupils
    406
    Type
    Community school
  • Penwortham Primary School950 metresOfsted: Outstanding
    Ages
    3 to 11
    Pupils
    675
    Type
    Community school

Secondary

  • Woodmansterne School496 metresOfsted: Good *
    Ages
    3 to 18
    Pupils
    1,637
    Type
    Community school
  • Graveney School0.8 milesOfsted: Outstanding
    Ages
    11 to 18
    Pupils
    2,332
    Type
    Academy converter
  • Bishop Thomas Grant Catholic Secondary School0.9 milesOfsted: Outstanding *
    Ages
    11 to 19
    Pupils
    1,187
    Type
    Voluntary aided school
    Faith
    Roman Catholic
  • Norbury High School for Girls1 mileNo Ofsted rating
    Ages
    11 to 19
    Pupils
    1,082
    Type
    Academy converter
    Gender
    Girls
  • Harris Academy Merton1.1 milesOfsted: Outstanding
    Ages
    11 to 18
    Pupils
    1,371
    Type
    Academy sponsor led

* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Sainsburys Streatham - Greyhound Lane Local, London201 metres
Co-op Streatham Vale, London335 metres
Sainsburys Streatham Common, London513 metres

GP surgery

The Vale Surgery89 metres

Pharmacy

Watts Pharmacy116 metres

Hospital

Wilson Hospital1.8 miles

Green space

Allotments Or Community Growing Spaces164 metres

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Streatham Common Rail Station187 metres

Nearest bus stop

Streatham Common Station99 metres

Typical drive times

Ewell24 min · 8.7 miles
Banstead23 min · 9 miles
Warlingham24 min · 9.2 miles
City of Westminster (city)24 min · 6.7 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

Environment Agency open data, checked around the advertised map pin for the listed acreage. Long-term risk counts flood defences; the planning map's flood zones do not. Provided by LandSale, not the listing agent, and not part of the agent's particulars. Risk varies across a holding, so verify before committing.

Rivers and the sea

Very low risk

Planning map: Flood Zone 1.

Surface water

High risk (1 in 30)

Not at the pin: mapped about 20 metres away.

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

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