A collection of shared ownership homes are being released for sale at Clapham Park Estate in Lambeth, south London.
The shared ownership home start at £145,500 for a 30% share.
There are 21 one, two and three-bedroom apartments, while once complete the neighbourhood will include over 3,000 brand new homes, alongside a new market square and retail outlets, set amongst tree-lined avenues with pedestrian and cycle links.
The new apartments have open-plan living spaces, large bedrooms, modern kitchens and bathrooms.
Kevin Sims, director at SO Resi, said: “Clapham Park is a truly special development, which has been transformed from a tired and neglected 1940s estate into a neighbourhood designed for the future.
“The wider site will predominantly feature affordable rental tenures, however, we know that South Londoners have not given up on the aspiration of homeownership.
“With shared ownership, we are able to bring this aspiration within reach, offering homes that are truly accessible on local wages, with the chance to increase to 100% ownership in their own time.”
Shared ownership enables buyers to put down a proportionally smaller deposit, as low as 5% of the share that they are buying.
Within the wider development is a brand-new community centre, “The Cube”, which hosts tai chi classes, film and drama workshops, and provides a hub for residents to find support and advice.
Green open spaces, including a 300m long linear park, while there’s community allotments, outdoor dining, a woodland garden, sun lawn and an outdoor gym.
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