Royal Waterman Square, Penge, SE20

Galloways are delighted to present this rare-to-market and extremely sought-after one-bedroom Grade II listed Victorian freehold cottage in Waterman’s Square. Rich in history and nestled behind high ornate iron railings, this stunning development was built in the 1840s and designed by architect George Porter for retired members of the Watermen and Lightermen’s Company of the City of London. Boasting striking Gothic-style architecture, Waterman’s Square is one of the most prominent and oldest examples of Victorian almshouses in South London.

This delightful home is full of character and has been fully renovated to an exceptional standard throughout, blending modern living with its unique period charm. The property benefits from a newly fitted Howdens kitchen with integrated appliances, a stylish bathroom with patterned tiling and a contemporary suite, and a welcoming reception room ideal for relaxing after a long day. Upstairs, you’ll find a double bedroom with built-in wardrobe space and access to a fully boarded loft, offering superb additional storage. The home has been completely rewired with a new fuse board, and also benefits from a brand-new central heating system and boiler.

Residents also enjoy access to beautiful communal gardens and landscaped grounds, providing a peaceful retreat right in the heart of Penge. The highly regarded Crystal Palace Park is just a short walk away, along with an excellent array of local shops, restaurants, cafés, and amenities.

This unique property offers a rare opportunity to own a piece of Penge’s rich history, combining the timeless character of a Grade II listed building with the convenience of modern living.

Freehold
Bromley Council
Council Tax Band C£1816.00pa

Transport Links:

•Penge East Station – 6 minutes’ walk (0.3 miles) – Direct trains to London Victoria in approx. 18 minutes.

•Penge West Station – 10 minutes’ walk (0.5 miles) – London Overground links to Highbury & Islington via Canada Water (for Canary Wharf, Jubilee Line) and Southern Rail services to East Croydon & London Bridge.

•Anerley Station – 13 minutes’ walk (0.7 miles) – Overground links towards West Croydon and Crystal Palace, plus connections across London.

•Multiple bus routes nearby, including services into Bromley, Croydon, Crystal Palace, and Central London.

Safeguarding Your Information – Important Notice on Cybercrime
Cybercrime is a serious risk in property transactions. Criminals may attempt to intercept email correspondence and trick you into transferring funds to a fraudulent account.
Please note:
Galloways will never notify you of changes to bank account details by email.
Always verify bank details in person or by calling your solicitor/agent using a trusted telephone number before transferring any money.
Be vigilant against unexpected emails, attachments, or requests for financial information.
If you receive any communication that seems suspicious, contact us immediately before taking any action.
Disclaimer
These particulars are provided as a general outline only for the guidance of intending purchasers or lessees and do not form part of any offer or contract. All descriptions, dimensions, references to condition, and necessary permissions for use and occupation are given in good faith and believed to be correct, but prospective purchasers, lessees, or third parties should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy.
No responsibility is taken for any error, omission, or misstatement. We have not carried out a structural survey, nor tested the services, appliances, or specific fittings. All photographs, measurements, floor plans, and distances are for guidance only and should not be relied upon for the purchase of carpets or other fixtures or fittings. External areas and features, as well as tenure and lease details, cannot be guaranteed and must be verified by a solicitor. Lease terms, service charges, and ground rents are provided as a guide only and should be confirmed by legal advisors.
No person in the employment of Galloways has any authority to make or give any representation or warranty in relation to this property. Quoted prices, rents, or other costs are correct at the time of publication and, unless otherwise stated, are exclusive of VAT.
Data Protection
We take the protection of personal information seriously. Any data provided to Galloways will be processed in accordance with the UK General Data Protection Regulation (GDPR) and the Data Protection Act 2018. Personal information will only be used for the purposes of your property enquiry and will not be shared with third parties without your consent.
We also retain the copyright in all advertising material used to market this property.
Disclosure of Referral Fees
As well as any commission or fees you pay to Galloways, we may also receive a commission, payment, fee, or other reward (known as a referral fee) from selected service providers for recommending their services to you.
We believe our clients may benefit from using the services of our recommended solicitors, mortgage advisers, concierge service, and surveyors. The providers we regularly work with are:
Solicitors: Lewis Nedas Law, Setfords Solicitors, Taylor Rose Solicitors
Mortgage/Financial Services: Trinity Finance, Eternity Financial Services
Surveyors: Reliable Surveyors, MAP Surveyors
Concierge: Help the Move
If you choose to use one of these providers, please note the following:
For Lewis Nedas Law, Setfords Solicitors, and Taylor Rose Solicitors, Galloways receives a referral fee of £180.00 inc VAT per referral.
For MAP Surveyors, Galloways receives a referral fee of £50.00 inc VAT per referral.
For mortgage and financial services, Galloways may receive a referral fee, the amount of which depends on the property value and mortgage level. Details are available on request.
You are under no obligation to use any of the recommended providers. Should you accept our recommendation, the relevant provider is expected to pay us the corresponding referral fee. This referral fee is separate from your obligation to pay Galloways’ own fees or commission.
Tenant Fee Information
(For all new Assured Shorthold Tenancies signed on or after 1st June 2019)
•Holding Deposit – One week’s rent. Retained only if you withdraw, fail a Right-to-Rent check, provide false or misleading information, or fail to sign the tenancy agreement/guarantee within 15 days.
•Tenancy Deposit – Up to five weeks’ rent (annual rent under £50,000) or six weeks’ rent (annual rent £50,000 or above).
•Late Rent Payments – Interest at 3% above the Bank of England base rate from the rent due date until paid (applies once rent is 14+ days in arrears, backdated to the due date).
•Lost Keys / Security Devices – Cost of replacement. If locks must be changed, tenants are responsible for the locksmith, new lock, and replacement keys.
•Tenancy Variations / Changes – £50 (inc. VAT) per agreed change. This covers landlord instructions, preparation of legal documents, and change-of-sharer situations, including associated legal costs.
•Early Termination – If you leave before the end of your tenancy and the landlord agrees, you will be liable for the landlord’s costs to re-let the property, plus rent due until a replacement tenancy commences.
•Utility Payments – Tenants remain responsible for all utility bills, Council Tax, and TV license, unless otherwise agreed. Refer to your tenancy agreement for details.
Regulatory Memberships
Galloways is a member of Propertymark (ARLA & NAEA) and The Property Ombudsman (TPO). Client money is protected through CMP.