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Lot DA27

Land and River Bank at 123 Streatham Vale, Lambeth, London SW16 5EH

Guide price £25,000

Type of Sale

By Auction

Key Features

  • Green Spaces & Nature Steps from Streatham Common The Rookery gardens and protected nature reserves ideal for recreation and wellbeing
  • Outstanding Transport Links Just 0.5 miles to Streatham Common station (Zone 3) with direct trains to Victoria Blackfriars and the City
  • Rare Riverside Land Unique river bank plot along Norbury Brook offering development or leisure potential in a sought-after London location
  • Regeneration & Investment Over £3 million invested in local public realm high street and community upgrades future-proofing your investment
  • Secure Planning Context Covered by Lambeth Local Plan 2021 and Environment Agency guidance
  • Top-Rated Schools Nearby Multiple “Outstanding” Ofsted-rated schools within walking distance making it perfect for families

Description

Palace Auctions London – Lot 27-33-090313

  1. Introduction

Palace Auctions London is proud to present a truly rare and exceptional opportunity: the sale of a freehold parcel of land and riverbank at 123 Streatham Vale, Lambeth, London SW16 5EH. This unique lot offers discerning buyers the chance to acquire a tranquil stretch of riverside land in one of South London’s most vibrant and green neighbourhoods, complete with exclusive private fishing rights to this section of the River Graveney. The property’s leisure and amenity value is unparalleled, set amidst a rich tapestry of parks, nature reserves, and a thriving community, with direct access to the riverbank and all the privileges of riparian ownership. The auction will be held on 24th June 2026, and the property is offered with vacant possession and a comprehensive legal pack.
Auction date: 24 June 2026  Guide price: £25,000+  Tenure: Freehold  Address: 123 Streatham Vale, Lambeth, London SW16 5EH  Legal pack: Available online prior to auction 

Introduction

Palace Auctions London presents a rare riverside land opportunity in Streatham Vale.  You will buy a freehold parcel of land and riverbank. In addition, the lot includes rights to the river and fishing. So, it suits lifestyle buyers, anglers, and long-term investors. 

The land and setting

The land sits to the rear of the residential boundary. It runs down to the riverbank. In some areas, it may include a further strip along the river edge. The plot measures about 5–8 metres wide It measures about 20–30 metres longTherefore, the area totals around 100 sq m. The area feels private because the plot sits back from the road.  However, you stay close to shops and everyday amenities. Mature trees and shrubs add a semi-rural feel. So, the space feels calm despite the urban setting. 

The River Graveney

The land fronts the River Graveney, a tributary of the River Wandle. The Graveney starts as Norbury Brook and flows through Streatham and Tooting. It then joins the Wandle near Colliers Wood. Here, the river forms a green corridor through the neighbourhood. As a result, the site offers an unusually peaceful backdrop. 

Fishing and riverside enjoyment

The standout feature is the river rights included with the sale. In addition, the lot offers private fishing rights for the adjoining section. So, you can enjoy quiet angling in a London setting. The Graveney supports coarse fish species. These include roach, perch, chub, dace, and sticklebacks. Also, the wider Wandle catchment supports brown trout and barbel. Beyond fishing, the riverbank suits relaxed leisure time. For example, you can picnic, read, or watch wildlife. Moreover, the water attracts birdlife and insects. So, the land works well as a private outdoor retreat. 

Parks, green space, and lifestyle

Streatham Vale offers excellent access to green spaces. So, the location supports an active and outdoor lifestyle. Nearby highlights include:
  • Streatham Common and The Rookery
  • Tooting Bec Common
  • Norbury Park
  • Streatham Vale Park
  • Eardley Road Sidings Nature Reserve

Walking, cycling, and connectivity

The area supports walking and cycling for leisure and commuting. In addition, local routes link neighbourhoods via quieter streets. Cyclists benefit from links to Cycleway 5 and planned Cycleway 48. So, you can reach commons and local hubs with ease. 

Transport links

The property sits within reach of key rail stations. These include Streatham Common and Norbury. Mitcham Eastfields also lies nearby. Moreover, several bus routes serve the area. For drivers, the A23 provides a direct route to London and Gatwick. 

Palace Auctions London: auction house profile

Palace Auctions London operates from 11 Old Bond Street, Mayfair, London W1S 4PN. The team offers over 192 years of combined experience. It also reports a 95% completion rate. So, buyers benefit from an established auction platform. 

Auction process, bidding, and fees

Bidding options: Live in-room, online, telephone, and proxy bidding.  Registration: Register in advance with ID and proof of address.  Deposit: Pay 10% at the fall of the hammer.  Completion: Usually within 28 days, unless stated otherwise. 
Fees (as stated):
  • Buyer’s premium: 2% of the final sale price (inclusive of VAT).
  • Minimum premium: £2,000 plus VAT.
  • Administration fee: £1,000 + VAT per lot.

Legal pack

The legal pack is available to download before the auction. It includes title documents, searches, and special conditions. Therefore, it provides the detail on river rights and the lot boundaries. 

Enquiries

Quote Lot 27-33-090313 Palace Auctions London  11 Old Bond Street, Mayfair, London W1S 4PN  0207 101 3647 | sales@palaceauctions.com  Palace Auctions London – Lot 27-33-090313 Auction Date: 24th June 2026 Guide Price: £25,000+ Tenure: Freehold Legal Pack: Available online prior to auction

Conclusion

The land and riverbank at 123 Streatham Vale, Lambeth, London SW16 5EH, represents a once-in-a-generation opportunity to acquire a private riverside retreat in one of South London’s most sought-after neighbourhoods. With exclusive fishing rights, access to a network of parks and nature reserves, excellent transport links, and a vibrant community, this property is perfectly positioned for leisure, relaxation, and investment. The ongoing restoration of the River Graveney and the area’s commitment to green living ensure that its amenity value will only increase in the years to come. The inclusion of private fishing rights is a significant and increasingly scarce asset in London, conferring the ability to enjoy undisturbed fishing in a secluded urban oasis. The land’s riverside position also lends itself to a variety of recreational uses—whether as a personal sanctuary for relaxation, a base for kayaking or paddleboarding, or a family picnic spot. The natural habitat supports a diverse range of flora and fauna, making it attractive for conservation-minded buyers or those interested in enhancing local biodiversity. For those seeking a unique blend of urban convenience and natural beauty, with the added privilege of private angling in the heart of London, this is an opportunity not to be missed. For further information, to arrange a viewing, : 27-33-090313. Contact: Palace Auctions London, 11 Old Bond Street, Mayfair, London W1S 4PN | 0207 101 3647 | sales@palaceauctions.com

Get in touch

Edward Swindells Auctioneer Consultant Auctioneer & Valuer

Accommodation

Property for sale A detailed street map showing a highlighted rectangular plot of land along the river bank in Streatham Vale, surrounded by rows of houses and intersecting roads. A compass in the top right corner indicates north. Presented by Palace Auctions
Property for sale A detailed street map showing a highlighted rectangular plot of land along the river bank in Streatham Vale, surrounded by rows of houses and intersecting roads. A compass in the top right corner indicates north. Presented by Palace Auctions

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Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

Pre-registration approval to bid Palace Auctions now require all bidders who wish to bid at our Auctions to register. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given.

Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without the consent of the auctioneers.

Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

All guide prices are quoted “subject to contract”.

Please note the guide price for the Lot does not include: – any Buyers’ Fee charged by the auctioneers; – VAT on the sale price; – SDLT or any other Government taxes.

Additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.

If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do call our office about this. The guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

Palace Auctions, Residential and Commercial Auctions. Our content is meticulously curated by our seasoned professionals, specifically tailored for discerning property buyers. Our platform is best suited for experienced institutional or business buyers, as well as individuals equipped with the necessary knowledge and expertise to make informed purchasing decisions. We deal in properties that come with their own unique set of risks, which our sophisticated buyers understand. If you’re uncertain about meeting these prerequisites, we recommend seeking independent advice or reaching out to us directly.”

Buyers Premium 

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At Palace Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

Standard Contract and Administration fees and additional charges (every sale or purchase). 

For each Lot, a documentation charge / Fee is payable on the fall of the hammer to Palace Auctions as follows:

Residential Auctions – Lots sold for £10,000 or more: Buyers’ Fee of £1,500 inclusive of VAT.

Lots sold for less than £10,000: Buyers’ Fee of £1000 inclusive of VAT.

Commercial Properties – All Lots: Buyers Fee £1,000 excluding VAT

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

VAT may be chargeable in addition to the sale price for the Lot. The auctioneer will announce this and will be contained within the particulars.

Other Matters

Please note that Lots may be sold or withdrawn at any time prior to auction.

Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer’s Fee may be varied from the standard amounts quoted upon or website or by a member of our sales team. So please check.

Please refer to the addendum, the Particulars and/or the conditions of sale.

Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.

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