Studio for sale

Colman House, High Street, London SE20

Colman House, High Street, London, Se20 7Ex

A well presented and cleverly designed studio apartment situated within Colman House on Penge High Street. The property benefits from its own private entrance and an impressive private patio style roof terrace, providing a rare and valuable outdoor space in this convenient South East London location.

Located in the heart of Penge, the property is surrounded by a wide range of everyday amenities, cafes, restaurants, independent shops and established high street businesses. Penge benefits from excellent transport connections, with Penge East and Penge West stations providing rail services towards central London and the surrounding areas, while the area is also well served by local bus routes. The property is situated in London Travel Zone 4, making it an attractive location for commuters.

Penge is undergoing significant investment and regeneration, with major plans already approved for the redevelopment of the Blenheim Shopping Centre on the High Street. The scheme is being brought forward by Hadley Property Group and Clarion Housing Group and is intended to deliver a substantial number of new homes alongside new commercial and community space, improved public realm, landscaping and pedestrian routes. The revised scheme proposes 228 new homes, with construction anticipated to commence in late 2026 subject to the necessary approval.

Financial Breakdown

Gross Rent: £12,600.00
Net income: £10,737.48
Gross yield: 6.63%
Net yield: 5.65%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08673