Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Share 25% / Full price £700,000 / Min deposit £26,250
Shared Ownership New Build
Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership New Build
Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Stylish new 3-bedroom Shared Ownership homes in Canada Water, moments from Southwark Park and Canada Water station | Get up to £10,000 towards your moving costs this winter*
Description
St Olave's is a stunning new collection of homes in Southwark, SE16. Final few homes ready to move in 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.
Please note: Images are of the 2-bedroom show home.
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
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".
T&Cs *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.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute
to and from, and you can specify the maximum time of the commute and by which transport method.
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.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£175,000
Shared Ownership New Build
Full price £700,000
Estimated monthly cost£1,996
Rent£875
Service charge£308
Mortgage£813
Calculated using a representative rate of 4.34%
Share
Deposit
£
How is this calculated?
How is this calculated?
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.
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