Peabody: New Shared Ownership launch at The Reach, Thamesmead

Launching Saturday 1st June – Galingale Court at The Reach, a flagship collection of Shared Ownership apartments in West Thamesmead, SE28.

Peabody is delighted to announce the launch of one, two and three bedroom Shared Ownership apartments at Galingale Court, The Reach in West Thamesmead. This follows the successful launch of Iris Court, also part of The Reach development where over 50% of homes have already been reserved.

At Galingale Court, The Reach offers thoughtfully designed living spaces for households of all sizes from delightful one bedroom apartments with open plan layouts to spacious three bed homes. Some homes also benefit from allocated parking giving residents the ability to explore the local area and relish in all it has to offer. Each apartment also benefits from private outside spaces with either a balcony or patio area, including newly landscaped communal gardens for residents to enjoy.

As part of a growing transport network, The Reach is well served with rapid connections to London and the rest of the UK and internationally. With the opening of the Elizabeth line (Crossrail) to Abbey Wood in the near future. Thamesmead will be connected to central London placing Canary Wharf within reach in just 11 minutes; Liverpool Street in 18 minutes and Tottenham Court Road within 22 minutes.

Andrew Peglau, Head of Marketing at Peabody, comments: “We’re delighted to be offering the local people of Thamesmead and Greenwich the opportunity to purchase at Peabody’s flagship development as part of the regeneration project within the area. With no private sale available on the scheme, The Reach is truly an offering catered for first-time buyers who are looking for a route to homeownership in East London. And with selected homes available with parking, we’re expecting to have a lot of interest in The Reach – and rightly so. ”

London living has never been so simple.

Prices at The Reach

Prices for a one bedroom apartment at The Reach start from £68,750 for a 25% share (full market value £275,000); Two bedroom apartments start from £82,500 for a 25% share (full market value £330,000); and three bedroom apartments start from £95,000 for a 25% share (full market value £380,000).

Register your interest

To register your interest and book a viewing at The Reach visit www.peabodysales.co.uk/the-reach or contact our sales team on 020 7021 4248.

About Peabody

Peabody is one of the largest housing providers in London and the south-east. We deliver services to 111,000 residents, 8,000 care and support customers, and the wider communities in which we work. Our ambitious housebuilding programme will deliver at least 2,500 homes every year. We plough the profits we generate from the sales of our unique new homes back into affordable housing to make London a city of opportunity for all. These sales also support the community services we provide.

London has been our home for over 150 years. Make it yours.

To find out more about Peabody’s involvement in the regeneration project at Thamesmead, please also visit thamesmeadnow.org.uk.