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

Land south of the former Homebase, Woodgate Drive, Streatham Vale SW16

PRICE
Guide Price £300,000

KEY FEATURES

Freehold land of approximately 2.3 acres (9,354 sq m)
Next to the former Homebase site, where Barratt London is building up to 237 homes
Development potential, subject to planning
Vendor is progressing an updated pre-application proposal
Long strip of land alongside the railway
Close to Streatham Common station
In the London Borough of Lambeth
For sale at auction at Claridge's on 28 October 2026
Unconditional auction contract, exchange on the fall of the hammer
Buyer's premium 2%

SUMMARY
A freehold strip of land of approximately 2.3 acres (9,354 sq m) in Streatham Vale, next to the former Homebase site, where Barratt London is building up to 237 homes. It has development potential, subject to planning, and the vendor is progressing an updated pre-application proposal. For sale at auction at Claridge's on 28 October 2026, guide price £300,000.

FULL DESCRIPTION

Freehold Development Land for Sale, Streatham Vale SW16. Guide Price £300,000.

THE OPPORTUNITY
A freehold parcel of land of approximately 2.3 acres (9,354 sq m) to the south of the former Homebase site, Woodgate Drive, Streatham Vale. It will be offered at our Claridge's auction on 28 October 2026 with a guide price of £300,000.

The neighbouring former Homebase site at 100 Woodgate Drive has planning permission for up to 237 homes. Barratt London bought it in January 2026, and it is now being developed. This makes the land a rare opportunity next to a major new housing scheme.

THE LOCATION
Streatham Vale is in the London Borough of Lambeth. The land is close to Streatham Common station, which has direct trains to London Victoria and London Bridge, and to the A23. The area has good local shops, schools and parks, including Streatham Common.

THE LAND
The land is a long strip running alongside the railway line, south from the former Homebase site towards Glenister Park Road, behind the houses on Woodgate Drive. It is partly wooded. The site area and description are based on information provided by the seller and the title. The auctioneers have not yet inspected the land.

DEVELOPMENT POTENTIAL
There is no planning permission in place. The vendor is progressing an updated pre-application proposal, and details will be in the legal pack. Any development will need planning permission from Lambeth Council.

The land could interest:

developers looking for residential or mixed-use potential, subject to planning
neighbouring landowners, for access, landscaping, amenity space or biodiversity net gain
investors looking to hold land in a part of London seeing major new housing

Buyers should check access, the railway boundary, trees and ecology before bidding.

KEY FACTS
Tenure: Freehold
Site area: Approximately 2.3 acres (9,354 sq m)
Planning: No planning permission. Pre-application proposal in progress.
Guide price: £300,000
Buyer's premium: 2% of the purchase price
Auction: 28 October 2026, Claridge's, Brook Street, Mayfair, London W1K 4HR
Lot number: TBC

AUCTION DETAILS
The land will be offered at the Palace Auctions London sale at Claridge's, Brook Street, Mayfair, London W1K 4HR, on Wednesday 28 October 2026. The guide price is £300,000. The sale is on an unconditional auction contract. Contracts exchange on the fall of the hammer, with a 10% deposit payable on exchange. A buyer's premium of 2% of the purchase price is payable on exchange.

The legal pack is available on request. Buyers should read it, and satisfy themselves on planning and access, before bidding.

ENQUIRIES
Contact Edward Swindells on or .

IMPORTANT NOTICE
The auctioneers have not inspected the land. All development potential is subject to planning permission. Buyers must make their own enquiries of Lambeth Council. The guide price is an indication of the seller's current minimum acceptable price at auction and may change. These particulars do not form part of any offer or contract.