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Royal Crest Avenue, Newham, London, E16 2AX
![Legal and General Affordable Homes Limited](https://media.rightmove.co.uk/brand/brand_logo_30558_0000.jpeg)
- PROPERTY TYPE
Flat
- BEDROOMS
3
- SIZE
Ask developer
Key features
- Ground floor apartment with large terrace
- Integrated Siemens appliances and Beko washer/dryer
- High specification with contemporary finishes throughout
- Access to private residents gym, pool & spa
- Access to 16th floor Sky Lounge with city views
- Concierge service and 24hr estate security
- 5-minute walk to West Silvertown DLR Station
- Free 3 year membership and £50 driving credit with Zipcar
Description
About This Apartment
Plot 21-SO-00-02 is a new Shared Ownership 3 bedroom apartment at East River Wharf, located on the ground floor with a large terrace. Spread across 955sqft, the apartment provides a high specification with integrated Siemens kitchen appliances, a freestanding Beko washer/dryer and contemporary finishes throughout.
Located a stone's throw from the Thames in Newham's Royal Wharf, the apartment is a short walk from two idyllic parks, a high street and West Silvertown DLR Station - providing easy access to Canary Wharf and across London.
All apartments at East River Wharf are available to purchase with Shared Ownership from a 25% share. The price shown reflects purchasing a 75% share of the property's full market value.
Financial Breakdown Based on a 75% Share:
- Full Market Value: £620,000
- 75% Share Value: £465,000
- 5% Deposit of Share Value (75%): £23,250
- Rent on Unowned Share (25%): £258 per month
- Service Charge: £441.97 per month
- Council Tax: TBC*
These figures are a guideline and may vary according to individual incomes and circumstances. Please speak to one of our sales consultants for a detailed breakdown.
About East River Wharf
This new collection of 1, 2 & 3 bedroom Shared Ownership apartments provides 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' gym, pool & spa
- 16th floor Sky Lounge with fantastic city views
- Concierge service
- 24 hour estate management security services
- 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.
What is Shared Ownership?
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 more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Eligibility Criteria:
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 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 one of our sales consultants. **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 computer generated and indicative only. Virtual tour is representative of the 2 bedroom show apartment at East River Wharf.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask developer
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask developer
- GARDENA property has access to an outdoor space, which could be private or shared.
- Terrace
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Step-free access,Lift access
Energy performance certificate - ask developer
- 1, 2 & 3 Bedroom Apartments
- Sky Lounge access
- Gym, pool and health club access
- Concierge service & 24-hour Estate Security
Royal Crest Avenue, Newham, London, E16 2AX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- West Silvertown Station0.1 miles
- Pontoon Dock Station0.4 miles
- Emirates Royal Docks Station0.5 miles
About the development
East River Wharf
Royal Crest Avenue, Newham, London, E16 2AX
![agent logo](https://media.rightmove.co.uk/brand/brand_logo_30558_0000.jpeg)
About Legal and General Affordable Homes Limited
We seek to tackle the severe shortage of affordable housing in the UK through leading development and management platforms.
Focused on supporting the UK’s demographic and affordable living needs, and consistent with Legal & General’s housing growth strategy, Legal & General Affordable Homes will lead the evolution of the affordable housing sector with an aim to become the leading private affordable housing provider in the UK. It forms a subsidiary of Legal & General Capital, which invests capital into sectors where there has been a shortage of investment and innovation, focusing on growth opportunities and scale ups.
Working with local authorities, housing associations and developers across the country, we provide the institutional capital required to build the affordable homes the UK needs.
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 3_jarman_plot_21_so_00_02_75. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Legal and General Affordable Homes Limited. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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