£615,000
1 bed flat for sale
Thessaly Road, London SW8New 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 - New Mansion Square
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About this property
Spacious, light-filled layouts
Moments from the iconic Battersea Power Station
Resident's concierge and garden
Private balcony or terrace to every home
Discover New Mansion Square near the iconic Battersea Power Station | Live in Zone 1 from £1,723 per month.* | Get £6,000 towards buying costs on our final remaining homes!
These ready-to-move-into homes boast spacious open-plan, light-filled layouts, private outdoor space, and access to fantastic on-site amenities including a concierge service and a residents' garden. Plus, you will benefit from excellent transport links nearby with Battersea Park, Battersea Power Station, Nine Elms, and Queenstown Road all serving the Northern Line, Overground, and Southern Railway. All just a stone's throw from the iconic Battersea Power Station - now one of London's best shopping and leisure destinations. Why buy at New Mansion Square?- Light-filled, dual-aspect open-plan living area with contemporary designs - Fully integrated kitchens and bathrooms- Private balcony - Well-connected Zone 1 location, minutes from Battersea Power Station underground station- Communal residents' screening room, lounge and gardens- Concierge service- Buzzing iconic location close to an eclectic mixture of bars, restaurants and cafes
Example Shared Ownership Cost Breakdown - 25% share* Full market value = £615,000
* 25% share price = £153,750
* Estimated monthly rent = £961* Estimated monthly mortgage = £838
* Estimated monthly service charge: £207 Financial information
Tenure: Leasehold
Length of lease: 990 Years
Annual ground rent amount: £0
Ground rent review period: N/A
Annual service charge amount from £2,481
Service charge review period: Annual
Council tax band: Tbc
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
Disclaimers & T&Cs
*£6,000 towards buying costs is subject to availability and available on remaining 1-bedroom homes. The maximum available incentive is £6,000. The incentive value is a £6000 deduction upon completion of contracts. Offer per individual household/home sold and cannot be used in conjunction with any other offer. Additional T&Cs, eligibility and affordability criteria may apply. Please speak to a member of our sales team for more details or visit peabodynewhomes website. Offer valid on reservations taken from 1 May 2025 to 31 July 2025. Prices and details correct from April 2024.
*Shared Ownership cost breakdowns and financial information provided is estimated and will differ based on individual circumstances and the specific home reserved.
*£1,723 monthly cost based on 25% share of £140,000 (full market value £560,000)*Resident amenities computer generated images are indicative only and subject to change.
About New Mansion Square Shared Ownership
Feel the energy with the new ready-to-move-into Lumiere Edition homes! Only 3 x 1-beds now remaining. Don't miss the final edition of spectacular light-filled, dual-aspect 1-bedroom Shared Ownership homes with contemporary designs, in the iconic Zone 1 location of Battersea. With an electric mixture of boutiques, coffee shops, bars, restaurants, and well-known fashion labels in and around Battersea Power Station, everything is at your fingertips. Why New Mansion Square?- Private balcony to every home
- Residents’ lounge & screening room
- Concierge service
- Zone 1 location, 3-minute walk from Battersea Power Station*
- Moments from the River Thames & Battersea Park
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.
Don't miss out! Register your interest to book your viewing to see the final edition of homes at New Mansion Square.
New Mansion Square is built in collaboration with Battersea Power Station.