Popular
Total views: 2500+
Studio for sale
Parish Lane, Penge
Chain-free
Studio
355
EPC rating: C
Key information
Tenure: Leasehold | 125 yrs left
Council tax: Band B
Broadband: Super-fast 80Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Studio Maisonette
- Re-furbished, Ground floor accommodation
- Sperate Kitchen area
- Three piece bathroom suite with window for natural light
- Own front door
- Own rear patio garden
- No onward chain
- Leasehold Tenure (with new long lease)
- Epc rated C
- Council tax band B
Propertyworld is delighted to present this exceptionally good value ground floor studio apartment, perfectly located on popular Parish Lane, Penge.
Spacious, bright, and beautifully presented, this property represents an outstanding opportunity for both first-time buyers and buy-to-let investors alike. Offering an excellent return on investment, with potential yields in the region of 6-7%, and benefiting from a brand new lease, this is an opportunity not to be missed.
Inside, the accommodation is smartly arranged and thoughtfully designed to maximise space and comfort. The main open-plan reception and sleeping area is generous in size, featuring laminated flooring, neutral décor, and a double-glazed window to the front, allowing plenty of natural light to fill the space. The living area offers ample room for a bed, sofa, and dining furniture, creating a flexible and welcoming environment.
The modern, fully fitted kitchen is well-appointed, offering a contemporary range of wall and base units, complemented by a tiled floor and splashbacks. The kitchen includes a built-in oven, electric hob, and extractor fan, all finished in a sleek, modern style that adds a touch of sophistication to this charming studio.
From here, a hallway leads to the modern bathroom, which is finished to a high standard. It features a white three-piece suite comprising a bath with shower attachment, WC, and wash hand basin, all complemented by floor-to-ceiling tiling and modern fittings.
Adding to its appeal, this property also benefits from a private patio area – a rare and valuable feature for a studio apartment. Though compact, the outdoor space provides an ideal spot for morning coffee, potted plants, or simply some fresh air on warmer days.
Additional benefits include double glazing, neutral décor throughout, and storage options, making this property both practical and stylish.
"This has been a tremendous investment and our tenants have loved living here. The location is perfect with access to multiple stations as well as both Penge and Sydenham centres being easily walkable with their wide range of facilities, restaurants and gastropubs."
Spacious, bright, and beautifully presented, this property represents an outstanding opportunity for both first-time buyers and buy-to-let investors alike. Offering an excellent return on investment, with potential yields in the region of 6-7%, and benefiting from a brand new lease, this is an opportunity not to be missed.
Inside, the accommodation is smartly arranged and thoughtfully designed to maximise space and comfort. The main open-plan reception and sleeping area is generous in size, featuring laminated flooring, neutral décor, and a double-glazed window to the front, allowing plenty of natural light to fill the space. The living area offers ample room for a bed, sofa, and dining furniture, creating a flexible and welcoming environment.
The modern, fully fitted kitchen is well-appointed, offering a contemporary range of wall and base units, complemented by a tiled floor and splashbacks. The kitchen includes a built-in oven, electric hob, and extractor fan, all finished in a sleek, modern style that adds a touch of sophistication to this charming studio.
From here, a hallway leads to the modern bathroom, which is finished to a high standard. It features a white three-piece suite comprising a bath with shower attachment, WC, and wash hand basin, all complemented by floor-to-ceiling tiling and modern fittings.
Adding to its appeal, this property also benefits from a private patio area – a rare and valuable feature for a studio apartment. Though compact, the outdoor space provides an ideal spot for morning coffee, potted plants, or simply some fresh air on warmer days.
Additional benefits include double glazing, neutral décor throughout, and storage options, making this property both practical and stylish.
"This has been a tremendous investment and our tenants have loved living here. The location is perfect with access to multiple stations as well as both Penge and Sydenham centres being easily walkable with their wide range of facilities, restaurants and gastropubs."
Property information from this agent
About this agent

When we started our family business back in 1997, we wanted to offer something different. We had three aims in mind. To deliver exceptional results on behalf of our clients, be honest and trustworthy and to provide the best customer service we possibly could. 19 years on and we’ve learnt a huge amount about what our customers need and want from us, but our core values haven't changed. We are proud to have won a number of awards for our customer experience including Best Small Chain in the UK 2017 (allagents.co.uk), Best Estate Agency - London (Real Estate and Property Awards 2016) and Best Estate Agency in South East London 2016 (allagents.co.uk). The awards we’ve won are testament to our team’s commitment and our hard-working, customer-first attitude. We’re also delighted that 99% of our customers would recommend us to their friends and family. And this isn’t just because we apply our 50 years combined experience and expertise. It’s because we put our customers at the heart of what we do. We go out of our way to make the process of buying or selling, renting or letting as painless and as smooth as possible. We support, we don’t hinder. We care about what we do and the people we’re working with. Every new client we work with is an opportunity for us to continue to maintain those high levels of service we set out to deliver when we first opened our doors. We look forward to welcoming you in the Propertyworld family! We are a member of NALS (The National Approved Letting Scheme) and The Property Ombudsman.

















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