High Street, London, SE20

This well-presented second-floor flat offers an ideal opportunity for first-time buyers seeking a turnkey property in one of South East London's most vibrant neighbourhoods. With no onward chain and positioned directly on Penge High Street, this spacious home combines convenience with contemporary living, providing a brilliant prospect for investment.

The heart of the flat is a thoughtfully designed open-plan space that maximises the available square footage. Light oak-effect flooring runs throughout, creating visual continuity and making the space feel larger than its footprint suggests. The kitchen occupies one end with sleek off-white units and a striking herringbone tile backsplash, which is super practical and looks stunning! Integrated appliances include a gas hob and electric oven. The living area flows naturally from the kitchen, with room for both seating and a dining table. Multiple windows flood the space with natural light throughout the day, and the neutral walls create a calm backdrop for any furnishing style.

The double bedroom is a very generously sized room. Soft off-white walls complement the sumptuous carpet, and a quality double-glazed window ensures the room feels bright and welcoming. There's practical space for a double bed, or larger if you want, there’s an integrated wardrobe, and you can easily fit in more furniture without feeling cramped. There are further storage cupboards in the bedroom and also in the hall.

The bathroom strikes an excellent balance between style and function. Large-format grey tiles cover the walls, creating a spa-like atmosphere, while white sanitaryware keeps things crisp and clean. The bath includes an overhead shower, and the overall fit and finish are fantastic.

This flat requires absolutely no work - you could move in and immediately feel settled. The current condition reflects careful maintenance and thoughtful updates, from the modern kitchen to the contemporary bathroom. The building appears well-maintained, and the flat occupies a quiet position despite the central location.

Tenure-wise, the situation is pretty solid, there are 117 years remaining on the lease, and the service charge is about to come down as the lessees of the building have move to a right to manage format, it is predicted to be circa £1200 PA. The ground rent is £356 PA.

Penge High Street puts you at the centre of one of South London's most interesting neighbourhoods. You're literally on the doorstep of an eclectic mix of independent shops, from vintage stores to speciality food retailers. The local pub and restaurant scene has grown significantly, with everything from craft beer bars to authentic international cuisine within walking distance.

Transport connections are exceptional. Penge East railway station is a short walk away, providing direct services to Victoria in 20 minutes, as well as connecting to Blackfriars and Thameslink. Multiple bus routes along the High Street connect you to Bromley, Crystal Palace, and central London. For drivers, the South Circular is easily accessible. Penge West is also in easy reach and gives access to the Overground. For those that cycle, there is also bike storage at the rear of the building.

Crystal Palace Park lies just minutes away, offering 200 acres of green space, sports facilities, and the famous dinosaur sculptures. The park's concert bowl hosts major events throughout the year, while the Crystal Palace Sports Centre provides excellent leisure facilities.

The area has retained its authentic character while attracting a younger demographic drawn to its affordability and transport links. Street art adds colour to many buildings, reflecting the creative community that's made Penge home. Independent coffee shops and delis sit alongside traditional retailers, creating a neighbourhood that feels both established and evolving.

This flat represents an opportunity to buy into a genuinely up-and-coming area, in a property that's ready to live in from day one, with no chain complications to navigate.