£146,250
2 bed flat for saleSt Olave's, 46 Lower Road, Rotherhithe SE16
2 beds
About this property
Available through Shared Ownership
Close to the River Thames
Zone 2 location
Canada Water, Rotherhithe and Bermondsey stations all nearby
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
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 MapsIncentive: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
7) Offer valid on reservations taken from 1 March to 30 April 2025. Prices and details correct as of 26 February.
About St Olave's Shared Ownership
Discover St Olave's - a new collection of 2-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.
Register your interest now to book a viewing!
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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.
Peabody - St Olave’s
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