Peabody triple launch

Peabody_s_Wandsworth_High_Street_developmentPeabody is to launch three shared ownership developments in Wandsworth in the coming weeks.

Peabody’s Wandsworth developments are 22 homes in Elmwood Court, in Battersea Park Road; 98 in the Chancery Building, Nine Elms; and 19 in Carters Yard, Wandsworth High Street.

Elmwood Court

Elmwood Court

Peabody is also part-way through the redevelopment of its St John’s Hill estate, near Clapham Junction station, which is creating another 221 new affordable rent homes, 58 shared ownership and 249 properties for private sale.

Andrew Peglau, Marketing Manager at Peabody said: “We are delighted to be able to provide four new developments across Wandsworth, in popular areas like Battersea, Nine Elms and Wandsworth Town. With more than 100 homes available for Shared Ownership we are helping local people achieve their dream of home ownership within the borough.”

Wandsworth’s housing spokesman Paul Ellis said: “Peabody is on course to deliver over 100 new shared ownership homes in the next few months including schemes in our two biggest regeneration areas – Nine Elms and Wandsworth Town. This is great news for low and middle income households who need help to get on the housing ladder.

Embassy Gardens

Embassy Gardens

“Peabody is one of many housing providers we are working with and our affordable housing supply will continue to rise in the months ahead as more large scale developments approach completion. We worked very hard to bring new investment to Wandsworth and it’s extremely rewarding to see local people reaping these rewards.

“While we’re pleased to be delivering record levels of affordable housing we must increase supply further. The council has now begun to deliver the city’s most ambitious housing strategy which aims to vastly increase the number of homes built across all types and tenures. This includes a commitment to increase our ten year home building target by 60 per cent and ensure new homes are targeted to local people.”

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