1 of 5
For Sale
£137,375 (Price)
Full Market Value from: £392,500

Trundleys Road, 171, 192 Trundleys Road, London, SE8 5GB

171, Trundleys Road, 40, 192 Trundleys Road, London, SE8 5GB

Shared Ownership Flat

Bedrooms: 2
Furnished: Unfurnished
Reception rooms: 1
New Build: Yes
Bathrooms: 1
Area: 73 m2
Lease Years: 990
Description

COMING SOON to Lewisham - Trundleys Road, a collection of 1 & 2-bedroom apartments available through Shared Ownership in South East London. Register your interest now!

Key Features:

  • 2-bedroom apartment available through Shared Ownership
  • Private & spacious winter garden 
  • Fully fitted kitchen with integrated Beco appliances
  • Easy Reach of New Cross Gate, Deptford and Canada Water stations
  • Communal roof terrace with views of the London skyline 
  • Fitted wardrobe to all bedrooms
  • Ensuite to master bedroom
  • Video entry system
  • Two lifts serving all floors

 

Flat 40 is located on the fifth floor, and is a total of 73m2, with light & open living spaces, a fully fitted kitchen and bathroom, flush fitted carpets to all bedrooms, with an additional ensuite to the master bedroom, and a modern winter garden to enjoy all year round. 

Key Information

  • Tenure: Shared Ownership
  • Available Shares from: 35%
  • Full Market Value: £522,500
  • Share Value (initial purchase) from: £130,625
  • Rent (on unsold equity): £898 per month
  • Service Charge: £325 per month (estimated)
  • Lease Length: 990 years 
     

Please note that higher shares will be available to purchase. The final share amount will be discussed and agreed upon during your financial assessment.

Development & Location

Red Loft are proud to present this collection of 21 one and two-bedroom Shared Ownership apartments in the vibrant heart of Lewisham. Trundleys Road is surrounded by an abundance of local amenities, including close proximity to supermarkets, education facilities, family-run restaurants and bars, bustling markets, and excellent train and underground connections, as well as a variety of open green spaces to enjoy. The area is well served by a variety of shops, schools and amenities, as well as the beautiful open spaces of nearby Southwark and Deptford Parks, and the banks of the River Thames.

This development enjoys a peaceful atmosphere while being conveniently located close to Deptford High Street and its vibrant markets. A sought-after location, within easy access of New Cross Gate (Zone 2), Deptford and Canada Water stations, each providing connections into Central London, Canary Wharf and the City. 

Eligibility

Shared Ownership is designed to help first-time buyers and those who do not currently own a home get onto the property ladder.
To be eligible, you must:

  • Have a household income of under £90,000 
  • Be unable to purchase a suitable home on the open market
  • Have a good credit history and be able to obtain a mortgage

 

Shared Ownership is a government-backed scheme that helps people get on the property ladder. You start by buying just a share of your home. You'll typically only need a 5% deposit of the share you purchase, making it more affordable to get started. Buying a smaller share also means it can be easier to secure a mortgage and take your first step onto the property ladder.

You can buy more shares of your home at any time in the future, working towards owning your home outright.

Priority will go to those who currently live and/or work in the London borough of Lewisham.

Due for build completion January 2026 (subject to change).

Eligibility for Shared Ownership

In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:

  • You must be at least 18 years’ old with a clean credit history
  • Your annual household income must be less than £90,000 in London, or £80,000 outside of London
  • You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
  • You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments

Find out what you can afford

Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.

Shared Ownership
*The affordability calculators give you an indication of affordability only. Your initial affordability assessment will need to be completed by an Mortgage Broker.
Register your interest in Trundleys Road, 171, 192 Trundleys Road, London, SE8 5GB

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