2 bed flat for sale

High Street, London SE20

Investment Opportunity in Penge – Spacious 2-Bed Duplex with Strong Rental Potential!

Looking to expand your portfolio with a high-demand rental in a well-connected, up-and-coming area? This spacious 2-bed split-level flat ticks all the right boxes - excellent transport links, fantastic local amenities, and serious potential for strong returns.

Prime Location

Set just off High Street, Penge, this flat enjoys the buzz of a vibrant high street while being a short walk from Crystal Palace Park, Penge West Station, Crystal Palace Station, and Cator Park. It's an area increasingly popular with young professionals and families looking to stay close to Central London while enjoying more space and greenery.

Transport & Connectivity

- Easy links to London Bridge, Victoria, and Overground connections

- Several National Rail and Overground stations nearby: Penge East/West, Crystal Palace, Anerley

- Great bus routes into surrounding areas and Central London

Property Highlights:

- Two double bedrooms upstairs

- Large open-plan kitchen/living room on the ground floor

- Modern bathroom with full bath/shower

- Approx. 565 sq ft (52.4 m2) across two levels

- Accessed via private stairwell, above a parade of busy local shops

Why it’s ideal for investors:

- Fantastic rental demand in the area

- Layout works well for both sharers or small families

- Low-maintenance interiors with scope for value-add upgrades

- Walking distance to green spaces, gyms, schools, shops, and cafes

- Ready for purchase – chain-free

- Long-term capital growth prospects as Penge continues to benefit from nearby regeneration and spillover from Crystal Palace

Lease information: 125 years from 24 June 2004

Property Ownership Information

Tenure

Leasehold

Council Tax Band

B

Annual Ground Rent

£150.00

Ground Rent Review Period

No review period

Annual Service Charge

No service charge

Service Charge Review Period

No review period

Lease End Date

21/08/2129

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.