5 Bedroom Apartment

Guide Price £825,000

Situated on a prominent corner plot in the heart of Penge, Parish Lane presents a rare and exciting development opportunity (STPP). A previous planning permission was granted for a two-storey rear extension to create 4 x two-bedroom flats with 3 parking spaces; however, this permission has now lapsed. The property is just a short walk from Kent House station and local shops, offering excellent visibility and convenience. Spanning just over 2,000 sqft, the building comprises two commercial premises to the ground floor, with a spacious two-bedroom flat and a generous three-bedroom flat arranged over the upper floors. With its mixed-use configuration and prime location, the property offers strong potential for redevelopment, refurbishment, or ongoing investment.

To the rear of the property is a garden space that could be enhanced for residential use or future development potential, subject to necessary consents. The site also benefits from advertising billboards, providing an additional income of £2,500 per annum. The combination of size, location, and income stream makes this an appealing proposition for developers, investors, or owner-occupiers seeking to maximise value.

The property is well-located for amenities, with an array of shops, cafés, and local services within approximately 0.1 miles. Kent House station is around 0.4 miles away, offering direct links into central London, while Clock House station is also within easy reach. The area is served by a selection of local schools including Alexandra Infant School (approx. 0.3 miles) and Harris Academy Beckenham Green (approx. 0.5 miles). Nearby green spaces include Alexandra Recreation Ground, ideal for leisure and outdoor activities.

Tenure: Freehold
Council Tax Band: TBC
Local Authority: London Borough of Bromley
Viewing: By appointment via Truepenny’s.

Truepenny’s Property Consultants for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord/Vendor or Truepenny’s Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property. (5) any computer generated images, virtually staged images, artist’s impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which may be present at the time of inspection.Truepenny’s Property Consultants for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord/Vendor or Truepenny’s Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property. (6) any computer-generated images, virtually staged images, artist’s impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which may be present at the time of inspection.