On Saturday 21st May, Peabody are hosting an exclusive Shared Ownership open day event at their award winning Southmere development, in the South East London property hotspot, Thamesmead.
Perfect for first-time buyers, the brand new collection of 1, 2 and 3-bed apartments at Crane Court are available to purchase with Shared Ownership, a scheme which lowers some of the financial barriers associated with buying a first home. Through Shared Ownership, purchasers buy a percentage of their home, typically between 25-75%, and pay rent on the remaining portion. A deposit and mortgage is only required for the share they are buying, meaning homes at Southmere can be purchased with a deposit of just £4,613.*
The beautiful new collection of homes are part of Southmere, one of the first milestones in Peabody’s ambitious regeneration of Thamesmead; a 30-year project which aims to attract 100,000 residents to this iconic Brutalist estate in Southeast London.
Residents will have access to an exclusive landscaped communal podium garden as well as impressive onsite amenities, including a co-working space, bookable meeting rooms, a resident’s lounge, and a TV snug. A dedicated concierge will also be on hand to collect parcels and help with general enquiries, whilst communal bicycle storage on the ground floor means residents can enjoy the local landscape on two wheels.
Alongside the homes will be an array of independent shops, restaurants and cafes on Cygnet Square, as well as newly opened The Nest, home to a public library and community space.
Lisa Crush, Director of Sales & Marketing at Peabody, comments “We’re delighted to welcome potential buyers to visit our marketing suite and show home apartments as well as the wider Southmere development at our upcoming open day. It will be a fantastic chance for buyers to speak to our expert sales team about the ins and outs of Shared Ownership, and give them the opportunity to get advice from independent mortgage advisors. We’ve been thrilled by the interest in our Shared Ownership homes so far and hope our open day will give potential buyers a feel for what everyday life could be like at the development.”
Known for upholding high design standards to create homes in great locations, every Peabody apartment is bright, airy and comfortable, with floor to ceiling windows, neutral décor and an elegant open plan kitchen/living room, all serviced by a dedicated concierge. High specification finishes include contemporary two-tone handle-less kitchens by Symphony with integrated Zanussi appliances, modern bathrooms with white sanitaryware and mirrored cabinetry, and built-in frosted glass wardrobes to master bedrooms.
Helping first time buyers to lower their carbon-footprint, apartments feature underfloor heating provided by a communal heat network to lower costs and carbon emissions, mechanical ventilation with filtration systems, smart meters to each apartment and high rated appliances for energy efficiency.
Buyers in Southmere have fantastic transport connections across the capital. The nearby Abbey Wood Overground station makes London Bridge accessible in only 17 minutes, Bond Street in 25 minutes and Waterloo in 20 minutes, but with the addition of Crossrail on the horizon at Abbey Wood, commuters can expect to be in Canary Wharf in only 11 minutes. For those travelling slightly further afield, London City Airport is accessible in just 30 minutes. Residents will also have access to cycle storage. A limited number of parking spaces are also available.
Prices start from £91,500 for a 30% share of a one-bedroom apartment (FMV: £305,000), £118,500 for a 30% share of a two-bedroom apartment (FMV: £395,000) and £160,500 for a 30% share of a three-bedroom apartment (FMV: £535,000).
To book your space for Southmere’s open day, please call 02033691368 or visit www.peabodysales.co.uk/developments/southmere