1 bedroom apartment for sale
Royal Crest Avenue, E16 2AX
Share percentage 25%, full price £387,500, £4,844 Min Deposit.
Share percentage 25%, full price £387,500, £4,844 Min Deposit
Monthly Cost: £1,509
Rent £667,
Service charge £302,
Mortgage £540*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
To be eligible for a home at East River Wharf, you'll need to:
- Have a combined household income under £90,000 per annum
- Not own a property, or part of a property, at the time of completing on your purchase
- Have a minimum of £5,000 to cover the costs of buying a home
- For a 25% share in an East River Wharf apartment, we recommend a minimum household income of the following amounts based on a 5% deposit. We’re happy to discuss your specific situation and help you understand your options.
- 1 bedroom apartments: above £50,000
- 2 bedroom apartments: above £70,000
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Summary
Save £5,000 on moving fees | New 1 Bedroom Shared Ownership Apartment in Royal Wharf | Private Balcony | Fitted wardrobes | Residents Gym, Pool & Sky Lounge | 5mins from West Silvertown DLR
Description
Save £5,000 on your moving fees this Spring!
With stamp duty rates rising and various other fees involved in the process, moving home can be a costly business. We want to help make your money go further, which is why we're contributing £5,000 towards your new home at East River Wharf. Contact our team for more details.
About This Apartment
Plot 21-SO-01-03 is a new 1 bedroom Shared Ownership apartment located by the Thames in the beautiful Royal Wharf community in East London.
Spread across 551sqft, the apartment features a private east facing balcony from the open-plan living/dining area and a built in wardrobe to the spacious bedroom. Built to a high specification throughout, the contemporary designed kitchen includes fully integrated Siemens kitchen appliances with a freestanding washer/dryer in the utility cupboard.
Situated within one of the longest stretches of open green space along the Thames in London, you'll be well placed to get around the capital with connections via the nearby DLR and Elizabeth Lines, or take an Uber Boat by Thames Clippers via the nearby pier.
All apartments at East River Wharf are available to purchase with Shared Ownership from a 25% share.
About East River Wharf
These new 1, 2 & 3 bedroom Shared Ownership apartments provide a great opportunity to get on the property ladder in a prime London location. Each apartment benefits from an excellent range of amenities including:
- A residents' only indoor swimming pool, gym and sauna
- Residents' 16th floor Sky Lounge with views of The O2 and Canary Wharf
- Concierge service and 24hr estate security
- Free 3 year membership and £50 driving credit with Zipcar*
Situated in the beautiful Royal Wharf neighbourhood, you'll be within walking distance of a Sainsbury's Local, Starbucks, tennis courts, independent shops, restaurants and a pub. You'll also have an abundance of outdoor space on your doorstep, including Lyle Park and Thames Barrier Park.
Shared Ownership eligibility criteria applies. Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help. *Zipcar membership subject to eligibility criteria and terms and conditions. Residents will only be entitled if their postcodes and address of registration match the development. Restricted to one membership per household. Interior images are digitally furnished images of this apartment and are indicative only.
Key Features
- First floor Shared Ownership apartment with a private balcony
- Located by the Thames between Lyle Park & Thames Barrier Park
- High specification finishes with integrated Siemens kitchen appliances & freestanding washer/dryer
- Access to residents' only gym, swimming pool & 16th floor Sky Lounge
- Dedicated concierge, 24hr estate security & free 3 year Zipcar membership
- Part of the Royal Wharf community with its own high street, bars, restaurants & schools
- Excellent connections via nearby DLR, Elizabeth Line & Uber Boat by Thames Clippers
- Ready to move into now
- Available to purchase from a 5% deposit with Shared Ownership
- Save £5,000 on your moving fees this Spring!
Particulars
Tenure: Leasehold
Lease Length: 240 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure Price ListVideo Tour
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: n/a
Outside Space/Garden: n/a - Private Balcony
Year property was built: 2023
Unit size: 538 sqft
Communal lift: Yes
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £387,500, £4,844 Min Deposit. Calculated using a representative rate of 5.03%
