Knight Frank facilitates deal to unlock 237 New Homes at Streatham Vale

Barratt London has completed contracts with Hadley Property Group and Clarion Housing Association for the prominent south London site, which benefits from an extant planning permission to bring forward a high-quality, sustainable residential scheme with 35% affordable housing.  

The development will also include significant community infrastructure, including an NHS GP surgery and a new cycle hub, and is located adjacent to Streatham Common station, offering rapid 20-minute connections to Zone 1.

As part of the transaction, Clarion has also entered into an agreement with Barratt London for the delivery of 81 affordable homes, comprising 52 for social rent and 29 for shared ownership.

James Barton, Partner & Head of City & East Land at Knight Frank said: “The site represents an excellent purchase as part of their overall land acquisition strategy. Not only does it benefit from an excellent location, but with planning permission already in place, it represents a flagship development opportunity. 

“It has been a pleasure to facilitate a transaction that marks a significant step forward in unlocking this well‑located brownfield site. We look forward to seeing the scheme progress and to its contribution to the delivery of much‑needed affordable homes in London.”

Richard Cook, Chief Development Officer at Clarion Housing Group, said: “This is a fantastic example of how strong partnerships can unlock sites for new homes, while delivering real social value. We are proud to be working with Barratt London to bring forward these affordable homes that will help meet housing need in Lambeth and support a thriving, connected new neighbourhood in Streatham Vale.”

Danny Masters, Operations Director at Barratt London, said: “We are absolutely delighted to announce the acquisition of Homebase Streatham. The extant planning permission secured by the Hadley Clarion Joint Venture will allow us to deliver 237 (including 35% affordable, 81 homes) much needed high-quality sustainable new homes for LB Lambeth. In addition to the site acquisition, we have contracted with Clarion Housing Association Limited (CHAL) for the affordable homes being delivered on site. This is a key relationship for us, which we look forward to developing in the lead up to delivery, and beyond.”

Andy Portlock, CEO at Hadley Property Group, said: “We’re proud to have secured a consented scheme that balances quality, sustainability, and local priorities. We now look forward to the transformation of this site into much-needed homes, including 35% affordable housing, both for Lambeth and for London.”

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Notes to Editors:

About Knight Frank: 

Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank has more than 20,000 people operating from over 600 offices across 50 markets. The Group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Company, please visit www.knightfrank.com.

About Barratt London 

Barratt London is a market-leading residential developer, with over 40 years’ experience in the Capital, delivering up to 2,000 homes each year. Barratt London is committed to providing an unbeatable customer experience and developing exceptional homes for all Londoners. We have an extensive portfolio of residential developments and partnerships delivering homes across the Capital for all Londoners. Barratt London is proud to be part of Barratt Redrow, the UK’s largest housebuilder.

About Clarion Housing Group 

Clarion Housing Group is the country’s largest social landlord with more than 350,000 people nationwide calling a Clarion home their own. 

Our mission is to provide affordable homes for those who need them most, and our development arm (Latimer) builds thousands of new homes each year across the country. 

We know that having a safe and secure home enables people to build better lives, and we believe being a good social landlord is about making a difference to our residents and communities. 

Our charitable foundation, Clarion Futures, works with charities, social enterprises, and other organisations to provide employment support and apprenticeship opportunities to residents, as well as money management advice and help getting online. 

www.clarionhg.com

About Hadley Property Group:

Hadley Property Group is a London-based regeneration specialist focused on unlocking complex urban sites and bringing forward sustainable, design-led mixed-use neighbourhoods.

Working in partnership with local authorities, housing associations and investors, Hadley brings forward complex urban sites with long-term social, environmental and economic value at their core.

Hadley’s portfolio includes major regeneration projects across London, spanning residential-led, commercial and infrastructure-adjacent sites. Current and recent projects include 980 Great West Road in Brentford, IQL North in Stratford and Blackwall Yard in Tower Hamlets, which together will deliver more than 4,000 new homes for London.

As of 2024, Hadley is the highest-scoring UK property developer accredited as a B Corporation, reflecting its commitment to responsible business practices and governance. The business is recognised for its reuse-first and retrofit-led approach to development, prioritising embodied carbon reduction, long-term placemaking and meaningful community engagement.