2 bedroom apartment for sale
Magellan Boulevard, Royal Albert Wharf, E16 2FU
Share percentage 25%, full price £470,000, £5,875 Min Deposit.
Share percentage 25%, full price £470,000, £5,875 Min Deposit.
Monthly Cost: £1,725
Rent £808,
Service charge £262,
Mortgage £655*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Two-bedroom 6th floor apartment in an award-winning riverside development
Description
Located in a peaceful riverside setting on the Thames Path, the Lockmen Collection at Royal Albert Wharf comprises the final release of new shared ownership homes for sale at this iconic 15-year regeneration project. This brand new collection of waterside homes include the use of a residents concierge and exclusive lounge/workspace area, ideal for home working.
The landscaped courtyard flows into the riverside walk where you'll find natural planting and an expansive children's adventure playground. The neighbourhood also links into the wider Royal Albert district which offers garden squares, shops, restaurants, a coffee shop and a proposed nursery and gym.
Key Features
- Concierge and residents workspace
- Private landscaped communal gardens
- Fast connections to Canary Wharf and Liverpool Street
- Luxury kitchen with stone composite work surface and integrated appliances
- NHBC Build Warranty
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure BrochureVirtual Tour
Map
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 £470,000, £5,875 Min Deposit. Calculated using a representative rate of 5.03%
