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Lot TBG / ERS 9000

Orchard Rise Croydon Development Land | 4×3-Bed Houses

Guide price £ 900,000

Type of Sale

Private Treaty sale under Auction Contract

Key Features

  • • 102 sqm internal floor area per unit
  • • Car-free design promoting sustainable living
  • • Five private parking bays
  • • GDV of £2.6 million ensures robust returns
  • • Guide price of £900000
  • • Just 0.8 mi to East Croydon Station
  • • Pre-commencement conditions discharged
  • Planning granted for four semi-detached 3-bed homes

Description

Unlock exceptional returns on this Orchard Rise Croydon development land opportunity, featuring full planning for four three-bedroom homes. With a guide price of £900 000 and a GDV of £2.6 million, this site delivers active project readiness and strong financial metrics.

Property Details

Status: Available – Planning Permission Granted
Property Type: Development Land
Site Area: 927 sqm (0.0927 ha)
Gross Development Value: £2,600,000
Unit Mix: 4 × Three-Bedroom Houses (102 sqm each)
CIL Estimate: £65,000–£70,000
Estimated Build Cost: £800,000
Possession: Vacant on completion; site ready for construction

Introduction

The Orchard Rise Croydon development land offers a turnkey opportunity in the heart of South London. With planning permission granted for four three-bedroom houses, a guide price of £900,000, and a £2.6 million GDV, this site is cleared for immediate construction.

Market Overview

Croydon CR0 remains one of the most affordable London boroughs, with an average house price of £407,000 as of May 2025. New build values average £414,000, underscoring demand for quality developments in this area. At £5,400 per sqm, new homes command a premium over established stock, validating strong GDV projections.

Development Opportunity

Planning application 24/02781/FUL permits four semi-detached, two-storey dwellings each 102 sqm. The scheme delivers five parking bays and adopts a car-free ethos to encourage sustainable transport. Since all pre-commencement conditions are discharged, developers can progress directly to the build phase without delay.

Financial Analysis

Comprehensive cost modelling shows total development costs of £2,163,000 (land £900,000; build £800,000; CIL £67,500; indirect fees) and a net profit of £437,000, equating to a 16.8% profit margin and 20.2% ROI on total costs, or 48.6% ROI on the land investment. Over an 18-month horizon, the project yields an 13.5% annualized ROI.

Per-Unit Breakdown:

Metric Value
GDV per Unit £650,000
Cost per Unit £540,750
Profit per Unit £109,250
Size per Unit 102 sqm
GDV per sqm £6,373
Build Cost per sqm £1,961
Property for sale A financial analysis graphic for Orchard Rise Croydon development land, featuring a pie chart of development costs, a bar chart showing annualized ROI for scenarios, and a line graph of cash flow projection over 18 months across key phases. Presented by Palace Auctions
A financial analysis graphic for Orchard Rise Croydon development land, featuring a pie chart of development costs, a bar chart showing annualized ROI for scenarios, and a line graph of cash flow projection over 18 months across key phases. Presented by Palace Auctions

Location & Connectivity

Situated 0.8 mi from East Croydon Station, the site offers 15-minute services to London Bridge. Orchard Avenue bus routes, Croydon town centre retail, and local schools such as Orchard Way Primary enhance tenant appeal. Nearby green spaces like Wandle Park provide recreational options. 

Property for sale Cars drive past a large, multi-story brick building with green roofs near the Orchard Rise Croydon development land. In the background, a tall, white modern apartment tower stands, with leafless trees lining the street in front. Presented by Palace Auctions
Cars drive past a large, multi-story brick building “Croydon College” with green roofs near the Orchard Rise Croydon development land. In the background, a tall, white modern apartment tower stands, with leafless trees lining the street in front. Presented by Palace Auctions

Auction Process & Next Steps

  1. Register on our Auction Calendar at least 48 hrs before sale.
  2. Provide proof of funds and pay a 3% finder’s fee.
  3. Exchange contracts with a 10% deposit, complete within 28 days.
  4. Begin construction immediately—no remaining planning conditions.

Contact Information

Palace Auctions Ltd
Email: sales@palaceauctions.com
Tel: +44 (0) 207 101 3647
Office: Palace Auctions (London) Ltd Head Office 11 Old Bond Street Mayfair London W1S 4PN (Opening hours 24/7).  


Suggested Links

Internal
• Auction Calendar – register for upcoming sales
• London Development Sites – explore similar land

External
• Croydon Council Planning Portal – full planning documents
• East Croydon Station Info – transport connections
• Rightmove Comparable Sale – local 3-bed house comparables

Property for sale Boxpark, an urban food and retail complex built from shipping containers and lit by string lights at dusk, sits near the Orchard Rise Croydon development land. People stroll nearby as a tall building stands in the background. Presented by Palace Auctions
Boxpark, an urban food and retail complex built from shipping containers and lit by string lights at dusk, sits near the Orchard Rise Croydon development land. People stroll nearby as a tall building stands in the background. Presented by Palace Auctions

Conclusion

This Orchard Rise Croydon development land opportunity combines planning security, sustainable design, and robust financial returns. Consequently, it presents an ideal project for developers and investors targeting fast-track deployment and attractive ROI.


Page Last Updated: Wednesday, August 20, 2025 05:17 GMT

 

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Edward Swindells Auctioneer Consultant Auctioneer & Valuer

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