Option agreements for land in Streatham
Choosing how to sell matters as much as choosing who to sell to. For land near Streatham, an option agreement trades certainty and timing in a particular way.
An option agreement gives a buyer the right, but not the obligation, to buy land within a set period, usually once planning permission is obtained. The landowner receives an option fee up front and, if the option is exercised, a price normally based on market value with permission, less agreed deductions.
- No pressure to decide
- Independent advice encouraged
- We fund the planning work
Get an offer for land in Streatham
Free, no-obligation appraisal.
Where Streatham sits
Streatham (SW16) sits in OS grid square TQ27, some 5 miles south of central London. Sites between here and Mitcham or Wimbledon are just as much of interest to us.
Land is scarce and mostly brownfield. The outer boroughs contain Metropolitan Green Belt and metropolitan open land, both closely protected.
| Town | Streatham |
|---|---|
| County | Greater London |
| Country | England |
| Postcode district | SW16 |
| OS grid square | TQ27 |
| Nearest towns we cover | Mitcham (2 mi), Brixton (3 mi), Wimbledon (3 mi) |
| Distance from central London | About 5 miles south |
| Planning system | National Planning Policy Framework and local plan |
| When you're paid | Option fee now, price when the option is exercised |
| Planning costs | Ours, sometimes recoverable from the price |
Who an option agreement works best for
- Land being considered in a local plan review
- Holdings where several owners need to work together
- Land needing access or infrastructure to be unlocked
- Sites with technical issues that need time to resolve
An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.
What to check in an option agreement
Option fee
A payment on signing, which you usually keep even if the option isn't exercised.
Purchase price
Often a percentage of market value with permission, less agreed costs.
Minimum price
A floor that protects you if values fall.
Term
How long we have to secure permission and exercise the option.
Land near Streatham that an option agreement suits
Land with planning permission in Streatham
Rarely needed once consent exists, but can suit phased sites.
Infill plots and gap sites in Streatham
Seldom needed for single infill plots.
Garage sites in Streatham
Rarely needed unless several garage owners are involved.
Redundant commercial and industrial land in Streatham
Useful where vacant possession is some way off.
What happens next
Send us the address
A postcode, a plan or a what3words location is enough to start.
We do the homework
We read the title and planning record and check flood risk and access.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
The legal work
Your solicitor and ours handle the contract through to completion.
Rules that apply in England
Planning framework
Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.
Section 106 and CIL
Larger schemes often need a Section 106 agreement for affordable housing or contributions, and councils that have adopted the Community Infrastructure Levy charge it per square metre of new floorspace.
When the land isn't straightforward
You're worried about the deductions
Ask for a clear list and a cap on what can be deducted. We'll explain each one.
You want to be sure we'll actually pursue planning
Agreements can include obligations to use reasonable endeavours and set milestones.
Useful to send us
- The address or postcode
- A rough size, in acres or hectares
- Your title number, if you know it
- How soon you'd ideally like to sell
Questions from landowners near Streatham
What is an option agreement?
A contract that gives the buyer the right to buy your land within a set period, usually after planning permission is granted. You receive an option fee now and the purchase price if the option is exercised.
Do I keep the option fee if you don't buy?
Normally, yes. The terms are set out in the agreement.
How is the price set?
Usually as a percentage of the land's market value once permission is granted, minus agreed costs, with a minimum price. The percentage and deductions are negotiated.
Can you visit land near Streatham?
Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.
More land we buy in Streatham
- Development land
- Land with planning permission
- Land without planning permission
- Building plots
- Garden land and backland
- Infill plots and gap sites
- Small sites
- Garage sites
- Brownfield land
- Redundant commercial and industrial land
- Inherited and probate land
- Landlocked land and access problems
- Outright purchase
- Subject-to-planning sale
- Joint ventures
- All land in Streatham
- Option agreements in Greater London
Get a straight answer about your land
A free appraisal tells you what we'd pay and why.