A collection of Shared Ownership homes are being released for sale within the landmark regeneration of the Clapham Park Estate in Lambeth. The brand-new homes are the first Shared Ownership apartments to be released at SO Resi Clapham Park since 2019 and will launch in April 2025, with prices starting from £145,500 (30% example share).
The latest release, which comprises just 21 one, two and three-bedroom apartments, will sit at the heart of this multi-award-winning regeneration project. Once complete, the brand-new 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 been designed with chic fixtures and fittings throughout, with open-plan living spaces, spacious bedrooms, high-spec kitchens and luxurious bathrooms. With natural oak flooring throughout, integrated Siemens appliances, and fitted wardrobes to the main bedroom, each home at SO Resi Clapham Park is completed to a superior standard.
The homes at SO Resi Clapham Park are available to purchase with Shared Ownership, a scheme that allows homebuyers to purchase a percentage share in the property that is proportional to what they can afford. Shared Ownership also enables buyers to put down a proportionally smaller deposit – as low as 5% of the share that they are buying.
Kevin Sims, Director at SO Resi, commented:
“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.”
Within the wider development is a brand-new community centre, “The Cube”, which enlivens the local area with everything from tai chi classes to film and drama workshops and provides a hub for residents to find support and advice. Green open spaces, including a 300m long linear park, provide community allotments, outdoor dining, a woodland garden, sun lawn and an outdoor gym, help residents to enjoy a healthy lifestyle.
The wider Clapham Park scheme, which is being sensitively regenerated by affordable housing provider Metropolitan Thames Valley Housing, has been celebrated for its successes in 2024, including winning Best Regeneration at the Inside Housing Awards, and placing Bronze for Best Regeneration at the WhatHouse? Awards.
Prices at SO Resi Clapham Park will start from £145,500 (30% example share) for a one-bedroom apartment, available with a deposit of £14,550. To find out more, visit www.sharedownership.co.uk.
About SO Resi
- SO Resi is part of Metropolitan Thames Valley (MTVH), one of the UK’s largest housing associations, providing affordable homes, and care and support services.
- It owns, manages or administers around 57,000 homes across London, the South East, East Midlands and East of England. MTVH was formed in October 2018 when Metropolitan and Thames Valley Housing came together as a new group.
- MTVH is a member of the National Housing Federation which represents London’s largest housing associations and houses one in ten Londoners. The organisation believes everyone should have access to a home and the opportunity to live well.
