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Peabody and Berkeley partner to deliver affordable homes for Lambeth

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Peabody has partnered with Berkeley to bring affordable homes to Oval Village, and welcomed Lambeth Council to the site in November to celebrate the delivery of the first 40 shared ownership homes.

Published: 18/11/2022


Peabody has partnered with Berkeley to bring affordable homes to Oval Village, and welcomed Lambeth Council to the site in November to celebrate the delivery of the first 40 shared ownership homes.

Oval Village is a sustainable new neighbourhood adjacent to the iconic Oval cricket ground, which will include more than 425 tenure-blind affordable homes in total.

Simon Barry, Regional Managing Director for London South at Peabody, said: “With hundreds of top-quality affordable homes to rent, and opportunities for people to get on the housing ladder through shared ownership, Oval Village is set to become a fantastic new place to live, work and socialise. We’re delighted to be delivering a great mix of new homes in a superb location and are looking forward to working with the community for the long term." 

Paul Vallone, Divisional Managing Director, Berkeley, said: “We are really pleased with the quality we have delivered with these affordable homes. They combine a Zone 1 location, excellent design and specification, and communal podium gardens which have panoramic views across London, rivalling some of the best properties in the area. I am delighted that Tom Pocock, Managing Director was able to share the special moment with Peabody and Lambeth Council.”

The Oval Village masterplan includes 1,300 new homes, office space, beautifully landscaped public spaces, shops, cafés, restaurant and leisure space; all of which will help provide over 1,000 jobs. The brownfield site is being reconnected with the local community for the first time in decades, with a network of public paths and cycleways being woven through the neighbourhood. 

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