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191 Maple road, Penge, London, SE20 - Image 1
191 Maple road, Penge, London, SE20 - Image 2
191 Maple road, Penge, London, SE20 - Image 3
191 Maple road, Penge, London, SE20 - Image 4
191 Maple road, Penge, London, SE20 - Image 5
191 Maple road, Penge, London, SE20 - Image 6
191 Maple road, Penge, London, SE20 - Image 7

191 Maple road, Penge, London, SE20

London

£300,000
Listed on 24/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1259 sqft

Description

This freehold commercial building presents a compelling renovation and investment opportunity in the bustling area of Penge. Spanning approximately 1,259 sq ft (117 sq m), the single-storey structure features high ceilings and an adaptable internal layout, allowing for various future uses. The property also includes a small private courtyard, enhancing its appeal by providing additional outdoor space. With appropriate planning approvals, there is potential to add a second storey, enabling the conversion into a residential scheme with up to four self-contained flats. Alternatively, the flexible design makes it suitable for diverse commercial or mixed-use applications, catering to both developers and owner-occupiers. Key highlights of the property include its freehold status with vacant possession, significant redevelopment potential (subject to planning), and its strategic location in Penge—an energetic South London suburb known for its excellent transport links and community amenities. This unique combination of factors enhances its attractiveness as a long-term investment or a project for immediate redevelopment.

Investment Analysis

(SE20 area)

Below Market Value

This property is priced -55.9% below area average per sq ft

-55.9%
Potential saving
This Property
£238/sq ft
Area Average
£540/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£748,261
10% above area average per sq ft
Potential ROI
+78.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SE20)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +9.0%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on SE20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

191 Maple road, Penge, London, SE20
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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