Property auction highlights: Beckenham, Canning Town and Wandsworth

Samantha Collett picks out the best prime sites up for auction this summer
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Beckenham: 12.3 acres of potential development land
Guide price: £2 million
Who: Allsop Commercial
What: Lot 74: Crystal Palace FC Training Ground, Copers Cope Road, BR3 1RJ
Where: Park Lane Hotel, Piccadilly
When: July 9

Finding potential development land in the capital is tough — so to discover 12.3 acres in Beckenham, an affluent south-east London suburb, with a guide price of only £2 million is a real coup.

The land is leased as a training ground to Crystal Palace Football Club until 2018, but the landlord is able to end the lease at any time should planning permission be gained. Will it? Well, a neighbouring cricket ground has been part-developed into luxury flats, so perhaps it could.

Canning Town
Canning Town: land for sale
Guide price: £28,000
Who: Strettons
What: Lot 16: Brent Road, E16 1PF
Where: Grand Connaught Rooms, Great Queen Street, WC1
When: July 8

If you're looking for cheap land with potential in an up-and-coming area, this site in Canning Town, east London, with a guide of £28,000 could be for you. It is about 1,125sq ft and fills in between existing homes. It was once a back garden. There is road frontage on two sides, important for access.

A previous application for a house there was turned down, so your application will have to be well thought through: do some homework.

Canning Town is regenerating and a DLR station and Tube station (Zone 3) are nearby.

Wandsworth: mixed residential and commercial building
Guide price: £850,000-plus
Who: Brendons Auctioneers
What: Lot 31: Old York Road, Wandsworth, London, SW18 1TQ
Where: DoubleTree by Hilton hotel, 2-8 Hanger Lane, Ealing, W5 3HN
When: July 3

When it comes to development opportunities you need to look beyond what is there to see the future potential. This corner building arranged as a shop, basement, rear yard and three-bedroom flat in Wandsworth Town looks like a ramshackle end of terrace with an extravagant guide price of £850,000-plus. But opportunities should not be judged by looks alone.

The potential of this scrappy-looking property is huge. It occupies a site area of 1,500sq ft and has permission to demolish the existing building and erect a part-single, part two-storey building of mixed residential and commercial use. However, there could be scope to improve upon this planning and a new application has been submitted. There is potential to go further subject to obtaining the necessary consents. Click here for more details on this property.

This is a sought-after enclave in Wandsworth Old Town. There are shops, bars and restaurants on the doorstep. About 150m away is Wandsworth Town Station (Zone 2) which zips into Vauxhall in under 10 minutes.

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