Available
£

St Olave's Shared Ownership | 46 Lower Road, Rotherhithe, SE16 2TP

Share 25% / Full price £585,000 / Min deposit £21,938

Apartment
2 bedrooms
Not specified

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Summary

Ready-to-move-into Shared Ownership home in Canada Water, just moments from Southwark Park and Canada Water station | Get up to £7,250 towards moving costs + furniture included

Description

St Olave's is a stunning new collection of homes in Southwark, SE16, ready to move into now!

Reserve your dream home at St Olave's and receive up to £7,250 towards your moving costs. Speak to a member of our team for more details.

These exceptional new homes are 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.

Key features:
- Private balcony 
- Pet-friendly development 
- Just a 6-minute walk to Canada Water station*
- Close proximity to bustling Bermondsey Street, Tower Bridge and London Bridge


1-Bedroom Shared Ownership apartment cost breakdown - 25% share example
Full market value = £585,000
Example 25% share price = £146,250
Estimated monthly mortgage = £680
Estimated monthly rent = £1,014
Estimated monthly service charge = £271
Estimated monthly cost = £1,965


Sign up today for details on appointments and how to reserve one of these highly sought-after homes - they won't be around for long!


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".

*Travel times estimates taken from Google Maps
Incentive:

1) £7,250 towards moving costs is subject to availability and available on the final 2-bedroom homes at St Olave's Canada Water, 1 and 2 Norse House
2) The maximum available incentive is £7,250. 
3. The incentive value is a £7,250 deduction of completion monies upon completion of contracts.
4) Offer per individual household/home sold and cannot be used in conjunction with any other offer. 
5) Additional T&Cs, eligibility and affordability criteria may apply. 
6) Please speak to a member of our sales team for more details or visit peabodynewhomes.co.uk/offers/
7) Offer valid on reservations taken from 1 March to 30 April 2025. Prices and details correct as of 26 February.

Property information & downloads

Local area information

Stations
Showing nearest stations
  • Canada Water Underground Station (0.3km)
  • Canada Water Rail Station (0.3km)
  • Rotherhithe Rail Station (0.4km)
  • Surrey Quays Rail Station (0.6km)
  • Bermondsey Underground Station (0.7km)
  • Wapping Rail Station (0.8km)
  • South Bermondsey Rail Station (1.0km)
  • Shadwell Rail Station (1.6km)
  • Shadwell DLR Station (1.6km)
  • Limehouse DLR Station (2.0km)
  • Limehouse Rail Station (2.0km)
  • Tower Gateway DLR Station (2.1km)
  • Tower Hill Underground Station (2.1km)
  • Westferry DLR Station (2.3km)
  • Aldgate East Underground Station (2.4km)
  • London Fenchurch Street Rail Station (2.4km)
  • Heron Quays DLR Station (2.4km)
  • London Bridge Rail Station (2.4km)
  • London Bridge Rail Station (2.4km)
  • Aldgate Underground Station (2.4km)

Disclaimer

The information displayed about this property comprises a property advertisement. The Greater London Authority and Share to Buy Ltd make no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and the Greater London Authority and Share to Buy have no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing provider or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (England and Wales) Regulations 2007.
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Monthly cost calculator

This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable.

£ Shared Ownership New Build Full price £585,000
£

How is this calculated?