Whether looking to capture the calming benefits associated with living by the water, to join a vibrant neighbourhood or for easy access to speedy Elizabeth line connections, there is an undeniable allure to London living. But the popularity of that appeal often attracts a premium price tag that forces aspiring homebuyers to look elsewhere. Unlocking a more accessible route to homeownership in the capital, Peabody New Homes has now launched its new collection of Shared Ownership homes at its award-winning Southmere development. Securing 11 reservations across the launch weekend, homebuyers are embracing the development’s prime position in South Thamesmead, joining a neighbourhood being shaped by new energy, amenities and waterside wellbeing.
With Shared Ownership enabling buyers to take their first steps onto the property ladder with deposits from just £8,312 and monthly outgoings from £1,175, the new Waterside collection joins an evolving neighbourhood at Southmere. Set just moments from the western edge of Southmere Lake, many homes enjoy spectacular views across the water or city skyline. Thoughtfully designed open-plan living provides space for socialising and hosting guests, whilst integrated appliances and sleek kitchen units establish a practical elegance. The contemporary feel extends through to the bathrooms and bedrooms, creating a space that effortlessly caters to the needs of modern lifestyles. Completing each home, large private balconies provide a seamless connection between inside and out.
Beyond the apartments themselves, Southmere offers everything needed for modern living. Residents can start their day catching up with neighbours in the stylish residents’ lounge, before heading to the dedicated working spaces and bookable meeting rooms for a day of work. After a busy day, buyers can unwind in front of their favourite film in the snug cinema room or head outside to the boating club to hire kayaks to use on Southmere Lake.
Raquel Soares, Assistant Director of Sales Strategy, Intelligence and Compliance at Peabody New Homes comments: “We are excited to have launched our new Shared Ownership collection at Southmere, designed to make aspirational waterside living more accessible to prospective homebuyers. With Southmere Lake providing a tranquil focus for the area, our Waterside collection at Southmere places buyers at the heart of this growing neighbourhood. Close to exciting new amenities, exceptional transport links and extensive greenery, Southmere delivers the benefits of buying in one of the capital’s most dynamic regeneration areas. We encourage potential buyers to register their interest as soon as possible to be amongst the first to find out more.”
With the first phase of homes at Southmere already completed, buyers can take advantage of a selection of shops, cafes, restaurants and amenities on their doorstep and in nearby Abbey Wood. Nearby Cygnet Square hosts monthly markets and events, while also providing access to The Nest Library and Community Space. With south-east London renowned for its creative spirit, The Lakeside Centre hosts artist studios and the popular Thamesmead Social cafe. Creativity across the town is also celebrated annually through a flagship, community-led, family-friendly festival.
Redefining what London living can be, Southmere showcases Thamesmead as a haven for nature. There are 240 acres of green space to explore across the town. The development is close to a nature reserve, woodlands and parks. For all those who enjoy waterside wellness, Thamesmead is home to a further four lakes, seven kilometres of canal and a riverside pathway along the banks of the River Thames. For keen conservationists, Southmere is a short walk away from viewing platforms and a bird hide at Southmere Lake, and a green chain walk leading to Lesnes Abbey, while fitness enthusiasts can take advantage of tennis courts in Crossway Park, and artificial and grass pitches at Sporting Club Thamesmead.
Designed to transform travel across the city, buyers at Southmere benefit from proximity to Elizabeth Line services. Whether looking for a fast commute to Canary Wharf (11 minutes), to head to the shops of Bond Street (26 minutes) or to travel further afield from Paddington (30 minutes), Elizabeth Line services from Abbey Wood station are only a 10-minute walk away. For greater connectivity, Abbey Wood also hosts Thameslink and Southeastern services. DLR extensions into North Thamesmead are also proposed to further expand connections.
Pricing for homes in the Shared Ownership collection at Southmere start from £83,125 for a 25% share of a one-bedroom apartment with a full market value of £332,500. For more information visit, www.peabodynewhomes.co.uk/find-a-home/southmere/.
First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.
