A new pathway home with Share to Buy
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1 bedroom apartment for sale

Available

46 Lower Road, Rotherhithe, SE16 2TP

£116,875 · Shared Ownership New Build

Share percentage 25%, full price £467,500, £11,688 Min Deposit.

Available
1 bedroom
£116,875 Shared Ownership New Build

Share percentage 25%, full price £467,500, £11,688 Min Deposit

Monthly Cost: £1,633
Rent £804, Service charge £239, Mortgage £590*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

New Shared Ownership homes launching soon in Canada Water, just moments from Canada Water station and Southwark Park

Description
St Olave's is a stunning new collection of homes launching soon 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*
- Just an 6-minute walk to Canada Water station*
- Close proximity to bustling Bermondsey Street, Tower Bridge and London Bridge
 
Register your interest and be the first to hear about our upcoming launch.
 
 
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
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Map
Canada Water (0.15 miles) Rotherhithe (0.30 miles) Surrey Quays (0.39 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£116,875
Shared Ownership New Build
Estimated Monthly Cost:£1,633
Rent £804
Service Charge £239
Mortgage £590

Share percentage 25%, full price £467,500, £11,688 Min Deposit. Calculated using a representative rate of 4.59%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has 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 association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.