£467,500
1 bed flat for sale
Lower Road, London SE16New home
Shared ownership
1 bed
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an “affordable rent” on the share you don't own. This is mainly for first-time buyers.
Key information
Tenure
Council tax band
Peabody - St Olave’s
.png){kind=logo}
About this property
Private balconies
Shared rooftop amenity space with London views*
6-minute walk to Canada Water station*
Close proximity to bustling Bermondsey Street, Tower Bridge and London Bridge
Launching early 2025
1,2 & 3-bedroom homes available
Available through Shared Ownership
Close to the River Thames
Zone 2 location
Canada Water, Rotherhithe and Bermondsey stations all nearby
St Olave's is a stunning new collection of homes in Southwark, SE16
These exceptional new homes will all be available through Shared Ownership and are positioned in an enviable location just a short walk from Canada Water station, with fast travel times to Canary Wharf, the West End and the City.
Why buy a home at St Olave's?
- Private balcony to every home
- Shared rooftop terrace*
- Pet-friendly development
- Just an 6-minute walk to Canada Water station*
- Close proximity to bustling Bermondsey Street, Tower Bridge and London Bridge
1-bedroom apartment Shared Ownership cost breakdown - 25% Share*
- Full market value = £467,500
- Example 25% share price = £116,875
- Estimated monthly rent = £804
- Estimated monthly service charge = £240
- Estimated monthly mortgage = £637
Sign up today for details on appointments and how to reserve one of these highly sought-after homes.
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps aspiring homeowners onto the property ladder by allowing them to purchase a share of a home, rather than the full value. This often means lower deposits and lower mortgage repayments when compared to buying on the open market, which helps make these homes more affordable.
Find out more by searching "Peabody New Homes Shared Ownership".
Wheelchair-adaptable homes available
This stunning new development includes a collection of 1 and 2-bedroom wheelchair-adaptable homes also available through Shared Ownership.
If you or a member of your household require a wheelchair-adaptable home, visit the Peabody New Homes website and search for St Olave's to complete our enquiry form.
Disclaimer and t's and c's
*Travel times are approximate and taken from Google Maps
*Roof terrace available for Block A residents only
*CGI of private terrace indicative of 1-bedroom apartments in block B
*Internal and external images of the development are CGIs
*Financial breakdown estimated and subject to change
About St Olave's
Launching soon in Southwark - a new collection of 1,2 & 3-bedroom homes available through Shared Ownership. These exceptional new homes will all be available through Shared Ownership and are positioned in an enviable location just a short walk from Canada Water station, with fast travel times to Canary Wharf, the West End and the City. Register your interest now!