Summary - Knollys Road, Streatham, London, SW16 2JN SW16 2JN
1 bed 1 bath Land
**Standout Features:**
- Freehold land for sale in a busy residential area of Streatham, London.
- Planning permission granted to create 2 new 2-bedroom penthouse dwellings (Planning reference: 21/00343/FUL).
- Strong rental income potential: approx. £7,000/year from ground rent and over £50,000/year from service charges.
- Positioned within 15 minutes walking distance to multiple train stations – Tulse Hill, West Norwood, and Streatham Hill.
- Gated available parking with electric charging points.
**Summary:**
This exceptional freehold land opportunity in Streatham offers a lucrative investment for buyers looking to expand their portfolio or create a desirable living space. With planning permission already in place to construct two 2-bedroom penthouses, this property allows for a creative vision that can significantly upscale your investment in a thriving residential district.
Nestled within a major conurbation, the area boasts fast broadband and excellent mobile signal, making it ideal for residents and tenants alike. While the local community is vibrant, it does have an above-average crime rate—an important consideration for prospective buyers.
This strategically located land presents great accessibility to transport links and a variety of amenities—including schools with good Ofsted ratings, parks, and local shops. The combination of planning permissions and current income stream positions this property as a unique opportunity not to be missed. Act now to secure your piece of south London before it’s gone!
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