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 |
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.

Auction Process & Next Steps
- Register on our Auction Calendar at least 48 hrs before sale.
- Provide proof of funds and pay a 3% finder’s fee.
- Exchange contracts with a 10% deposit, complete within 28 days.
- 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

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