London council launches housing project

Lewisham Council is set to launch its first shared ownership development through Lewisham Homes, the arms-length management organisation.

Close to Deptford Bridge, No.1 Creekside is a collection of 34 warehouse style apartments that will be launched for sale in late March, aimed at people already living and working in the borough.

Deptford Creek is one of the key regeneration zones in Lewisham so the new homes at No.1 Creekside offer the opportunity for buyers to live in a vibrant and popular neighbourhood.

Lewisham Council acquired the site with planning permission in 2020, the first time it had made a freehold purchase of a consented site with the intention of developing it out.

As the Council’s housing company, Lewisham Homes will act both as principal developer and agent for the sale of the properties, as well as continuing to provide property management services on an on-going basis.

The development also consists of 22 social homes for families on the Council’s waiting list, making it 100 per cent affordable, alongside 1,200 sq m of commercial space that is set to include flexible workspaces.

Margaret Dodwell, chief executive officer of Lewisham Homes said: “The launch of No.1 Creekside, our first collection of shared ownership homes, is an exciting step for Lewisham Homes and we are proud to unveil this collection of high-quality apartments that will offer outstanding modern living in a vibrant neighbourhood.

“It is our priority to build genuinely affordable, high-quality housing for local people, while helping to create and support diverse communities throughout Lewisham.”

Cllr Paul Bell, Cabinet Member for Housing and Planning at Lewisham Council, said: “Our first shared ownership scheme will give local residents the opportunity to get on the housing ladder and is set to play an important role in tackling the housing crisis facing Lewisham.

“I am proud that our shared ownership policy gives priority to Lewisham residents, making sure this development will genuinely benefit our local community.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →