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Opportunity to purchase a freehold property that features a 4 bedroom house and the 1 bedroom ground floor flat.
Tenancy Details Basement Flat
Tenancy Details Semi-Detached House
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Penge is a district of south-east London, in the London Borough of Bromley and is located 7.6 miles south-east of London Victoria.
Penge is a very popular commuter suburb and has two main railway stations that offer superb travel options connecting it to London. This area is serviced by Penge West and Penge East railway station. Penge West station is managed by London Overground which runs 4 trains per hour (tph) northbound to Highbury and Islington and 4 tph southbound to West Croydon. Southern also operates services from this station with 2 tph northbound to London Bridge and 2 tph southbound to Caterham. Penge East is managed by Southeastern and runs on the Bromley South Line, this service offers 4 tph northbound to London Victoria and 4 tph southbound to Bromley south, 2 of which continue to Orpington.
As this property is in the capital all of one’s retail and dining requirements are only a short trip away via train which shall drop you in the centre of town where the world is truly your oyster.
In the City of London and surrounding areas there are thousands of job opportunities and there are more than numerous adequate travel options to get you there.
This location could be ideal for young families seeking schooling options for their young children. St Johns C of E Primary School is a local school offering mixed-sex education up to the age of 11. For those looking for secondary school education there are various Harris Academies in the area that teach from the age of 11 all the way to sixth form.
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Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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