£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.
Key information
Tenure
Council tax band
Peabody - St Olave’s
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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 | Get £5,000 towards your buying costs on select homes!*
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 availableThis 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*Financial breakdown estimated and subject to change1) £5,000 towards buying costs is subject to availability and available on the final remaining homes at St Olave's Canada Water, 1,2,5,6,7,10 and 16 Norse House and 2 Parkside House.
2) The maximum available incentive is £5,000.
3. The incentive value is a £5,000 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
7) Offer valid on reservations taken from 1 October 2025 to 30 November 2025. Prices and details correct from September 2025.
About St Olave's Shared Ownership
Now over 80% sold! A new collection of 1 & 2-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 to book a viewing!