Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Culverley Gardens, 1-3 bed homes


Penerley Road, London, Lewisham London, SE26 2LQ

Shared ownership

Starting prices

25% share from
£87,500
Full price
£350,000
Minimum deposit
£8,750

Overview

Now available to reserve!

Moat is pleased to announce a collection of beautiful one, two and three bedroom apartments that are available to reserve through shared ownership in Catford, Lewisham.

This collection includes a two bedroom wheelchair adapted apartment for shared ownership.

These beautiful apartments come complete with:

- Fully fitted Symphony kitchen in Platinum, with Zenith laminate worktop in copper slate and stainless steel splashback.
- Zanussi appliances, including single electric fan oven, ceramic hob and extractor hood, integrated fridge freezer and washer/dryer.
- Fully fitted bathroom with thermostatic mixer tap, shower screen, full height mirror and chrome heated towel rail.
- Carpet and nickel in bedrooms, Ferroker Aluminio and porcelain floor tiles in the bathroom. Noblesse laminate flooring in remaining areas.
- Parking space (right to park) to certain plots*
- Terrace/balcony**
- Central heating
- 10 year NHBC warranty

*All 3 bedroom apartments and plots Flat 2, Flat 3, Flat 7, Flat 8, Flat 9, Flat 10, Flat 13, Flat 14, Flat 15, Flat 16, Flat 19, Flat 20, Flat 22, Flat 25 and Flat 26.

**To certain plots only

Please note: Moat do not allow pets in apartments.

In line with government priorities, top priority for these homes at Culverley Gardens is awarded to serving military personnel and former members of the British Armed Forces honourably discharged in the last two years. Applicants must have an income (joint or single) of less than £90,000. Priority will be given to people who live and/or work In Greenwich, Lewisham, Bromley, Bexley or Southwark.


Local area information

Located just 8 miles from the City centre and only a 10 minute walk from the Catford and Catford Bridge train stations, Culverley Gardens is perfectly situated as an out-of-town haven. It’s also spoiled for choice when it comes to places to get a quick bite by its many classic pubs, authentic Turkish restaurants and even a Japanese cafe, making it easy to try something new. Catford also boasts many green areas such as Mountsfield Park and Ladywell Fields, perfect for family days out, dog walks or weekend strolls.


Plot availability

Plot number D3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £116,250
Full market price £465,000
Monthly rent £653
Monthly service charge £85
Ownership Leasehold
Plot number B4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £118,750
Full market price £475,000
Monthly rent £668
Monthly service charge £85
Ownership Leasehold
Plot number C4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £118,750
Full market price £475,000
Monthly rent £668
Monthly service charge £85
Ownership Leasehold
Plot number B3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £118,750
Full market price £475,000
Monthly rent £668
Monthly service charge £85
Ownership Leasehold
Plot number B1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £120,000
Full market price £480,000
Monthly rent £675
Monthly service charge £85
Ownership Leasehold
Plot number C1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £137,500
Full market price £550,000
Monthly rent £773
Monthly service charge £85
Ownership Leasehold
Plot number B2
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £137,500
Full market price £550,000
Monthly rent £773
Monthly service charge £85
Ownership Leasehold
Plot number D1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £137,500
Full market price £550,000
Monthly rent £773
Monthly service charge £85
Ownership Leasehold
Plot number C2
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £137,500
Full market price £550,000
Monthly rent £773
Monthly service charge £85
Ownership Leasehold

FAQ's

Min share price from: £116,250 for a 25% share
Full price from: £465,000
Minimum deposit from: £8,750
Monthly rent from: £653
Bedrooms: 2
Bathrooms: 1

There are 9 available ranging from £116,250 for a 25% share to £137,500 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Moat
Shared ownership

Starting prices

25% share from
£87,500
Full price
£350,000
Minimum deposit
£8,750