04 Apr 2025
New Shared Ownership Parkside Homes Create Exciting Opportunities for Southwark Locals

NHG Homes

A new development of beautifully designed city homes has celebrated reaching its highest point with a topping out ceremony held on Wednesday 2 April on the roof of the 22-storey tower at the new phase of homes in Southwark.  Creating exciting opportunities for Londoners looking to get onto the property ladder, ParkSide, created in partnership by Notting Hill Genesis and Southwark Council, brings a fresh perspective to urban living and delivers a spectacular blend of high-quality homes. Launching this summer, ParkSide will offer the unrivalled convenience of a Zone 2 London location within walking distance of London Bridge, set alongside the greenery of Burgess Park.

ParkSide is ideally suited to young professionals and couples keen to get onto the property ladder in the capital with 1, 2 and 3 bedroom apartments available through private sale and shared ownership. The first 75 of the 321 homes released will be available with shared ownership from NHG Homes, meaning buyers need far lower deposits and enabling them to grow their share of ownership at their own pace. Available from 2026, ParkSide will also deliver homes for rent from Notting Hill Genesis's private rental brand Folio.

ParkSide is part of an extensive regeneration of the Aylesbury Estate that is progressing in the Burgess Park and Walworth areas of Southwark. This presents a further opportunity for homebuyers, who can sit back and relax as the exciting new neighbourhood takes shape around them while their investment in their property grows. Of particular interest to many will be the proposed extension of the Bakerloo Line, plans for which include a station at Burgess Park. Local councils, businesses and partners met with Government in March 2025 to push for funding confirmation of the transformative infrastructure project as part of the upcoming 10 Year Infrastructure Strategy.[1]

Southwark has long been favoured by Londoners looking for a vibrant urban lifestyle that makes the most of all the capital has to offer, while Rightmove recently named it as one of the top five happiest boroughs in London.[2] ParkSide presents truly affordable living opportunities for locals and key workers looking to make this area their home.

The attractive ParkSide neighbourhood is designed around courtyard squares, gardens and community facilities, with open green space visible from every home. The development is located beside Burgess Park, the largest park in Southwark. Its 56 hectares include a lake (with fishing available from dawn to dusk, with a permit), lawns and numerous wildlife habitats, along with extensive outdoor cooking facilities, including barbecues and electric hotplates. The park also houses a wealth of sporting facilities, including football, rugby and cricket pitches, a basketball court, tennis courts, a 400 m BMX track, a 5 km running track and an outdoor gym.

Diana Alam, Director of Sales and Marketing at NHG Homes, comments: “ParkSide's 'urban by nature' approach delivers the best of both worlds. Residents can enjoy all the excitement of a dynamic, fast-paced life in the Capital, but have the space to switch off and enjoy the serenity of nature whenever it suits them. ParkSide is part of a new era of pride and prosperity in this much-loved area of South London. As a not-for-profit housing provider committed to delivering homes that Londoners can afford, NHG Homes is delighted to be providing local buyers with this realistic opportunity to buy into Southwark's bright future.”

Homes will be built to contemporary energy efficiency standards, while their designs have been shaped around modern lifestyle considerations and include high specification offerings. Slim profile Quartz worktops complement the fern green handless kitchens, offset by matte black taps adding a stylish urban twist. Sleek bathrooms exude a hotel-feel touch of luxury with Terrazzo counters and splashback detail. The neighbourhood will feature a range of community-centric facilities, from a residents' lobby and on-site team to podium gardens, roof terraces and a new children's playground.

A good selection of nearby nurseries and schools ensures ParkSide is well-suited to young families, while nearby shops and superstores provide plenty of choice for daily essentials. Foodie favourite Maltby Street Market and the artisanal Bermondsey Beer Mile are also on the doorstep.

For further details of ParkSide, visit nhghomes.com/developments/parkside

 

For more information, please contact Gemma Cole or Emma Holden at The Oracle Group on 0208 394 2821 or gemmac@oraclepr.co.uk or emmah@oraclepr.co.uk

 

ENDS

 

 

About NHG Homes and Folio

NHG Homes and Folio are part of the sales and private rental arms of the Notting Hill Genesis group. NHG Homes offers homes for sale and Shared Ownership, supporting residents all the way through the buying process and beyond.

NHG Homes' mission is to help first-time buyers choose London by offering a more accessible route to purchasing the home they deserve, in the city they love. From groundbreaking regeneration projects to conversion schemes that protect the heritage of existing buildings, NHG Homes is committed to providing spacious new homes in locations across the capital with flexible buying options and quality design that embraces modern living.

Folio London support and champion renters in London by providing high quality homes for rent. All of the operating profits from Folio London are reinvested into social housing.

 

About Notting Hill Genesis

Notting Hill Genesis is a not for profit housing provider committed to delivering homes that Londoners can afford, whatever their personal circumstances, and to creating places they can call home and communities they can feel a part of and engaged with.

Our plans for the regeneration of the Aylesbury Estate replace old, inefficient homes with warm, safe, high-quality housing in a vibrant, thriving community with quality public space, top-class facilities and improved play and sport areas will benefit existing and future residents alike.

Our programme meets or exceeds the requirement for half of the development to be affordable housing, measured by the total number of 'habitable rooms'. This is a key commitment of Southwark Council and Notting Hill Genesis to enable local people to be rehoused on the estate if they wish.

For this latest phase, alongside 56 social rent homes Notting Hill Genesis will be offering 86 new homes for sale and shared ownership which will be available to reserve from summer 2025 and179 homes will be available to rent privately from 2026. This helps to attract further investment to the area and with profits invested back into social housing.

We will continue to work alongside the existing community whose involvement and support enable us to provide the homes, spaces and opportunities needed to make the most of the neighbourhood's immense potential.

 

 

[1] https://backthebakerloo.org.uk/news/151/urgent-call-to-set-the-signals-to-green-on-the-bakerloo-line-upgrade-and-extension 

[2] https://www.rightmove.co.uk/news/happy-at-home#info