Summary - 4 ORCHARD GROVE LONDON SE20 8DZ
1 bed 1 bath Studio
Affordable studio close to Penge West—lease extension claimed but must be verified.
Studio flat with own front door and fitted kitchen
Approx 36 sq m (312 sq ft) — compact living space
37-year lease remaining; seller proposes 125-year extension
Mortgage lenders likely to refuse before lease extension confirmed
Service charge c. £1,308.50pa; ground rent £130pa
Allocated off-street parking and communal garden access
Electric storage heating; uPVC double glazing fitted
Very slow broadband in the area — impacts remote work
This ground-floor studio flat in Orchard Grove offers an affordable entry to Penge with a practical layout and own front door. The open living area includes a fitted kitchen and built-in storage, while a communal garden and allocated off-street parking add outdoor space and convenience. Electric storage heating and uPVC double glazing are in place, and the property totals about 36 sq m (312 sq ft).
A significant issue is the current lease length: 37 years remaining. The seller states they will renew the lease to 125 years at point of sale, but until that extension is legally confirmed mortgage lenders may refuse to lend. Purchasers should instruct solicitors to verify the lease extension and check financing options before committing.
Service charge and ground rent are modest but ongoing: about £1,308.50 per year service charge and £130 ground rent. Broadband speeds in the area are reported very slow, which may affect home working. The flat’s compact size and electric heating suit a first-time buyer, buy-to-let investor, or someone seeking a low-maintenance, central location, but budget for any short-term remedial works and lease/legal costs.
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