New Kent Row
New Kent Row Shared Ownership apartments in Elephant & Castle - coming soon!
Launching in 2024!
New Kent Row - a part of Southwark Living collection of homes across Southwark area. New Kent Row offers one, two and three bedroom Shared Ownership homes in this ever evolving part of London, just a 10 minute walk from Elephant and Castle.
New Kent Row
Launching in 2024, this new build development will feature residents' terrace, private open spaces, stylish kitchens with high quality integrated appliances.
Ideally located for commuters or those just wanting to explore the Capital, the site is less than a 10 minute walk from Elephant and Castle tube station on the Bakerloo and Northern lines and the overground station for National Rail and Thameslink services.
The area has seen big transformation in recent years with a host of amenities and green spaces popping up around Elephant Park and plenty more to follow with over £4 billion of public and private money being invested locally.
This is a car-free development.
*CGIs and images are for illustrative purposes only and are subject to change. Full list specification will be found in the brochure, which will soon be available to download. New build - council tax band/property rates to be determined.
Shared Ownership
Did you know the key benefits of Shared Ownership?
Low mortgage deposit - you only pay from 5% of the share you are buying.
Flexibility - you choose when you want to purchase extra share of your home.
Accessibility - you can get on the property ladder quicker and Shared Ownership helps you get the mortgage even with a lower salary.
Eligibility Criteria
If you're interested in buying an apartment with hared Ownership at New Kent Row, you'll need to meet the following criteria based on your situation:
Your overall household income is less than £52,825 for 1 beds, £62,416 for 2 beds, £72,454 for 3 beds.
You are unable to purchase a suitable home to meet your housing needs on the open market
You do not already own a home or you will have sold your current home before you purchase
When homes at New Kent Row become available, we will be offering them exclusively to those who live or work in the Southwark borough.
Next Steps
Register your interest!
Properties within this development
Share percentage 25%, full price £610,000, £7,625 Min Deposit.
Monthly Cost: £1,419
Rent £286,
Service charge £284,
Mortgage £849*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Share percentage 25%, full price £587,500, £7,344 Min Deposit.
Monthly Cost: £1,377
Rent £275,
Service charge £284,
Mortgage £818*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Share percentage 25%, full price £482,500, £6,031 Min Deposit.
Monthly Cost: £1,106
Rent £226,
Service charge £208,
Mortgage £672*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Share percentage 25%, full price £672,500, £8,406 Min Deposit.
Monthly Cost: £1,564
Rent £315,
Service charge £313,
Mortgage £936*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs