SE20 7YR - 2 bed penge two bed apartment in Derwent Road, SE20 7YR

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2 bedroom apartment for sale in Derwent Road, London, SE20

Summary - Hendral House Hendral House Derwent Road, London SE20 7YR

2 bed 1 bath Apartment

Renovated, chain-free flat with private underground parking bay.
Two double bedrooms with bay windows and new wood-effect flooring
This second-floor, two-bedroom apartment in Penge has been fully renovated and is offered chain free, making it ready for immediate occupation or letting. The flat features a bright living room with a deep bay window, two double bedrooms and a brand-new kitchen and bathroom finished with neutral, contemporary fixtures. A private underground parking bay with electronically controlled access is included — a rare convenience in the area.

Practical details to note: the property is leasehold with around 90 years remaining, an average service charge of £2,303 per year and a small ground rent of £150. Heating is by electric room heaters rather than a gas central system, which may affect bills and buyer preferences. The building dates from the late 1980s and has double glazing, though installation dates are not confirmed.

Location strengths are good local transport links (Norwood Junction, Anerley, Birkbeck and Elmers End) and nearby amenities including shops and eateries around Crystal Palace Park. However, the immediate neighbourhood records higher crime levels and is classified as very deprived, which prospective buyers and investors should consider when assessing rental demand or resale prospects. Overall this is a compact, move-in-ready apartment suited to first-time buyers or buy-to-let investors seeking renovated accommodation with private parking in south London.

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