SE20 7LH - 1 bed parish lane studio in Parish Lane, SE20 7LH

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1 bedroom flat for sale in Parish Lane, Penge, SE20

Summary - 3A PARISH LANE LONDON SE20 7LH

1 bed 1 bath Flat

Compact ground-floor home with private patio and new long lease.
Newly refurbished throughout, ready to occupy or let
This ground-floor studio maisonette on Parish Lane offers a compact, newly refurbished home with private outdoor space and a new long lease. The layout includes a main living/sleeping area, separate fitted kitchen, modern three-piece bathroom and a private rear patio — a rare benefit for a studio. At approximately 334 sq ft the accommodation suits a single occupant, first-time buyer or buy-to-let investor seeking immediate rental potential.

Practical benefits include double glazing, mains gas central heating, an EPC rating of C and a peppercorn-style long lease (125 years remaining). The property is chain-free and presented tidy throughout, so it is ready to occupy or let quickly; nearby transport links, local shops and amenities make the address convenient for commuting and day-to-day living.

Notable drawbacks are the small internal area and ground-floor position, which may affect privacy and natural outlook. The building’s original solid-brick walls have no added cavity insulation, so heating costs could be higher than modern-build alternatives. Crime levels in the area are above average, which is a material consideration for some buyers and tenants.

Overall, this is a straightforward, well-presented small flat that balances low entry price and rental yield potential with the limitations typical of compact ground-floor studios. It will suit someone prioritising value, location and immediate usability over space and long-term energy efficiency upgrades.

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