Project's Overview

Nestled on the peaceful residential street of Knollys Road in SW16, London, this prime airspace development opportunity at 73-79 Knollys Road offers exceptional location advantages. The area combines the tranquility of a quiet neighborhood with outstanding transport links, including nearby Norbury and Streatham stations providing swift access to central London. Local shops, schools, parks, and amenities are all within easy reach, making it highly desirable for future residents and enhancing long-term rental yields and capital growth potential.

The proposed development features two generously sized, high-quality two-bedroom apartments, totaling 1,707 sq ft (159 sq m), each designed to maximize natural light, space, and liveability. Both units boast two private balconies apiece, delivering stunning views over the South London skyline. The existing building was purposefully constructed with structural capacity for upward extension, including robust foundations and load-bearing elements, allowing for a streamlined construction process with minimal structural interventions and reduced costs.

Lambeth Council has granted full planning permission (reference 21/00343/FUL) for this airspace project, de-risking the investment and fast-tracking delivery. With South London’s ongoing regeneration, including major infrastructure improvements and new residential hubs nearby, this site is poised for significant value uplift in the coming years. It’s a strong investment for developers, airspace specialists, and investors seeking high returns in a high-demand area, offered at a guide price of £475,000 via informal tender.

Additional details include no specific parking spaces or EPC rating mentioned, but the project’s efficiency and prime positioning underscore its appeal. Contact for the full information pack, including proof of funds required with offers.

🪙 The Streatham Investment and Growth Strategy is a comprehensive plan to revitalize Streatham High Road through new residential and commercial developments, improved public spaces, and enhanced amenities, expected to increase local desirability, attract more investment, and drive property value growth in surrounding areas like Knollys Road over the next 3-10 years.
🪙 Crossrail 2 is a proposed high-frequency rail line with a planned station at Balham, near Streatham, aiming to improve connectivity to central and north London, which will likely enhance accessibility, stimulate economic activity, and boost property values in the SW16 area within the coming decade.
🪙 The Norbury Regeneration Project involves upgrading the high street with new housing, retail spaces, and community facilities in nearby Norbury, anticipated to improve local infrastructure, increase footfall, and positively influence property liquidity and values in adjacent Lambeth neighborhoods like Knollys Road over 3-10 years.
🪙 The Lambeth Local Plan 2020-2035 outlines growth policies including new residential hubs and transport improvements in Streatham, expected to support urban renewal, increase housing supply, and enhance property investment attractiveness and value appreciation in the area over the next 3-10 years.
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