£150,000
2 bed flat for saleLower Road, London SE16
2 beds
New home
Shared ownership
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, ready to move into now!
Reserve before 22 February at St Olave's and get up to £5,000 towards your deposit contribution, as well as additional incentives including Stamp Duty contribution, furniture pack or shopping vouchers.*
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 to every home- Shared rooftop terrace*- Pet-friendly development - Just a 6-minute walk to Canada Water station*- Close proximity to bustling Bermondsey Street, Tower Bridge and London Bridge
2-bedroom apartment Shared Ownership cost breakdown - 25% Share*
- Full market value = £600,000
- Example 25% share price = £150,000
- Estimated monthly rent = £1,031
- Estimated monthly service charge = £268
- Estimated monthly mortgage = £691
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 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.
T' and c's*Travel times are approximate and taken from Google Maps*Monthly breakdown estimated and subject to change*Winter campaign - additional incentives
1. The “additional incentive offer” can only be used in conjunction with incentives currently running at selected homes at stated developments (kewb, Zone at Oval, St Olave's, City Angel, West Ham Village and The Verdean) and is subject to availability
2. Incentive available per individual household/home sold
3. Eligibility and affordability criteria will apply - speak to the Sales team for more details
4. Maximum available incentive available: £10,000, although not all incentives will total to this amount
5. Offer valid on reservations taken from 22 December 2025 - 22 February 2025
6. Incentive to be managed at the discretion of the Peabody New Homes Sale Team
7. Prices and details correct from 22 December 2025.
About St Olave's Shared Ownership
Now over 80% sold! Discover St Olave's - a new collection of 1,2 & 3-bedroom homes available through Shared Ownership in Canada Water.
These exceptional new homes 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.
Get up to £10,000 towards your moving costs this winter*
Reserve before 22 February at St Olave's and receive up to £5,000 towards your deposit, as well as additional incentives including furniture pack or shopping vouchers.
Register your interest now to book a viewing!
*T&Cs apply - visit for full details
Reserve before 22 February at St Olave's and get up to £5,000 towards your deposit contribution, as well as additional incentives including Stamp Duty contribution, furniture pack or shopping vouchers.*
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 to every home- Shared rooftop terrace*- Pet-friendly development - Just a 6-minute walk to Canada Water station*- Close proximity to bustling Bermondsey Street, Tower Bridge and London Bridge
2-bedroom apartment Shared Ownership cost breakdown - 25% Share*
- Full market value = £600,000
- Example 25% share price = £150,000
- Estimated monthly rent = £1,031
- Estimated monthly service charge = £268
- Estimated monthly mortgage = £691
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 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.
T' and c's*Travel times are approximate and taken from Google Maps*Monthly breakdown estimated and subject to change*Winter campaign - additional incentives
1. The “additional incentive offer” can only be used in conjunction with incentives currently running at selected homes at stated developments (kewb, Zone at Oval, St Olave's, City Angel, West Ham Village and The Verdean) and is subject to availability
2. Incentive available per individual household/home sold
3. Eligibility and affordability criteria will apply - speak to the Sales team for more details
4. Maximum available incentive available: £10,000, although not all incentives will total to this amount
5. Offer valid on reservations taken from 22 December 2025 - 22 February 2025
6. Incentive to be managed at the discretion of the Peabody New Homes Sale Team
7. Prices and details correct from 22 December 2025.
About St Olave's Shared Ownership
Now over 80% sold! Discover St Olave's - a new collection of 1,2 & 3-bedroom homes available through Shared Ownership in Canada Water.
These exceptional new homes 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.
Get up to £10,000 towards your moving costs this winter*
Reserve before 22 February at St Olave's and receive up to £5,000 towards your deposit, as well as additional incentives including furniture pack or shopping vouchers.
Register your interest now to book a viewing!
*T&Cs apply - visit for full details
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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