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)

Strand House, 1 bed homes


Merbury Close, Greenwich, Greenwich, SE28 0LU

Shared ownership

Starting prices

50% share from
£105,000
Full price
£210,000
Minimum deposit
£10,500
Monthly rent
£368
Monthly service charge
£222

Overview

Once you have registered your interest, you will receive an email to book your viewing.

Strand House is a one-bedroom property located on the third floor in a four-storey apartment block, built around 2003. The remaining time on the lease is 110 years and its approximate size is 46 sq. meters.

The property located on the third floor comprises:

Entrance: Hallway with entry phone system
Living Room: Spacious lounge with lots of natural light overlooking the park. Woolmix carpeted flooring.
Kitchen: Light brownwall units with grey worktop and tiled splashback. Integrated stainless-steel oven, hob, cooked hood. Linoleum flooring
Bedroom One: Double bedroom. Woolmix carpeted flooring.
Bathroom: White suite comprising panelled bath with shower head, WC and hand washbasin with shelving. Part tiled. Linoleum flooring
Outside: Large park view, allocated parking space and communal garden

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact Peabody.resales@peabody.org.uk and our team will be able to help you.


Local area information

There are good transport links with Woolwich Arsenal and Plumstead Stations 1 mile away, served by National Rail and DLR linking to London Bridge in 23 minutes. Local buses serve the area and the buses link to Central London.

Local amenities are located 0.3 miles away along Battery Road. For leisure and enjoyment, Bars and Restaurants are within 0.3 miles.

Nearest Station: Woolwich Arsenal Station (Thameslink / Southeastern) Woolwich Arsenal DLR Station & Plumstead Station (Thameslink and Southeastern)
Bus routes nearby: Bus routes 244, 380, 51, 53, 54, 291, 386, 658.


Housing Provider

Peabody
Shared ownership

Starting prices

50% share from
£105,000
Full price
£210,000
Minimum deposit
£10,500
Monthly rent
£368
Monthly service charge
£222