Apartment

High Street, 
London, 
SE20 7EX
Purchase price
£190,000
  • Tenanted
ATTENTION INVESTORS - FANTASTIC INVESTMENT OPPORTUNITY AVAILABLE! Spacious studio apartment available with own entrance and private terrace generating a 5.65% net return.
  • Financial Performance*
Gross rent
£12,600
Service charge
£1,863
Net income
£10,737
Gross yield
6.63%
Net yield
5.65%
  • Key Features
  • Tenanted Investment Opportunity
  • Private Entrance
  • Studio Apartment
  • Fully Fitted Kitchen
  • Terrace
  • Excellent Storage
  • Open Plan
  • Convenient High Street Location
  • Excellent Transport Links
  • Enquire today for further details

A well presented and cleverly designed studio apartment situated within Colman House on Penge High Street. The property benefits from its own private entrance and an impressive private patio style roof terrace, providing a rare and valuable outdoor space in this convenient South East London location.

Located in the heart of Penge, the property is surrounded by a wide range of everyday amenities, cafes, restaurants, independent shops and established high street businesses. Penge benefits from excellent transport connections, with Penge East and Penge West stations providing rail services towards central London and the surrounding areas, while the area is also well served by local bus routes. The property is situated in London Travel Zone 4, making it an attractive location for commuters.

Penge is undergoing significant investment and regeneration, with major plans already approved for the redevelopment of the Blenheim Shopping Centre on the High Street. The scheme is being brought forward by Hadley Property Group and Clarion Housing Group and is intended to deliver a substantial number of new homes alongside new commercial and community space, improved public realm, landscaping and pedestrian routes. The revised scheme proposes 228 new homes, with construction anticipated to commence in late 2026 subject to the necessary approval.

  • Financial Performance *
Gross rent
£12,600
Service charge
£1,863
Net income
£10,737
Gross yield
6.63%
Net yield
5.65%

Fill in your details below to enquire about property YL-08673
Apartment

High Street, 
London
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC