2 bed Flat For Sale £140,625
Exclusive Open Day | Saturday 2nd December | 10am – 4pm
Join us on Saturday 2nd December from 10am – 4pm for our Exclusive Open Day at East River Wharf, Newham.
Be one of the first to take a tour of our new show apartment and discover how you could get on the property ladder with Shared Ownership from just £96,875 for a 25% share.
Please note that bookings are by appointment only, contact us today to secure your place.
The spirit of living
An ultra-modern collection of 1, 2 and 3-bedroom apartments available with Shared Ownership in Newham’s Royal Wharf, East London. A four-minute walk to West Silvertown DLR, your new home at East River Wharf is perfectly situated on the DLR to get to Canary Wharf, London City Airport and beyond in moments.
Plot 22-SO-02-04 is a two bedroom apartment on the second floor located in the Mill Building at East River Wharf, available to purchase through Shared Ownership. This apartment benefits from open plan living with a modern kitchen equipped with integrated appliances. The living/dining area leads to a private balcony and there are two double bedrooms, with the master also having access to a private balcony plus en suite.
Homes at East River Wharf will be ready to move into from Autumn 2023.
Available to purchase from a 25% share.
Financial Breakdown:
- Full Market Value: £555,000
- 25% share: £138,750
- 5% deposit of 25% share: £6,938
- Rent on unowned share of 75% : £954 per month
- Service Charge: £360 per month
- Council Tax: TBC*
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit than is required to buy outright.
Local Area
East River Wharf is a brand-new community that truly offers the best of London living. Situated adjacent to Lyle Park in a prime position and just a stone’s throw from the Thames, these high-quality homes make the ideal base to get you on the property ladder with Shared Ownership.
The East River Wharf community sits at the heart of this newly created neighbourhood, and that is reflected in a range of amenities designed to bring local people together in an environment that champions a better quality of life. Within the East River Wharf development itself, you’ll enjoy a Sainsbury’s Local, Starbucks, tennis courts, independent shops, restaurants and a nail salon too.
Wellbeing is high on the list at Royal Wharf, and this can be seen in the abundance of outdoor spaces, including Lyle Park, Thames Barrier Park and countless landscaped gardens.
Enjoy the range of luxurious amenities at East River Wharf including:
– Spa
– Cycle storage
– Fitness studio
– Swimming pool
– State of the art residents’ gym
– Concierge and 24-hour Estate security services
Don’t forget about the Sky Lounge, a 16th floor residents’ space where you can meet, collaborate or socialise while taking in amazing city skyline views that beautifully reflects in the River Thames. You can also enjoy the Community Dock, a community centre that hosts a long list of clubs, events and activities that you can hire spaces for your own personal use.
Plus, each home at East River Wharf can enjoy a free 3 year membership and £50 driving credit* with ZipCar when you move in. For more information, please contact our Sales Consultants who will be delighted to help you.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:
To be eligible for a home at East River Wharf you'll need to:
- Have a combined household income under £85,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
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.
*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.
*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.
