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Exclusive Deposit Contribution!We'll contribute £7,844 towards your deposit for this apartment, so you can get on the property ladder sooner than you think. Contact us today for more details. T&Cs apply*.Open Day Event | Saturday 22nd MarchJoin us at East River Wharf and see the apartments for yourself, explore the beautiful Royal Wharf neighbourhood and its amenities, and discover how you could make this home your own with Shared Ownership. Contact us to book your place.About This ApartmentPlot 21-SO-02-01 is a new 3 bedroom Shared Ownership apartment located by the Thames in the beautiful Royal Wharf community in East London.Built to a high specification throughout, this second floor apartment features a generous open-plan living/dining area which leads on to a private balcony providing plenty of natural light, with fully integrated Siemens appliances in the contemporary kitchen and a separate washer/dryer in the utility cupboard.This spacious 961sqft apartment provides two double bedrooms, with a built in wardrobe to the first and another balcony accessible from the second, with a third bedroom which can double up as an ideal work from home space.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. The price shown reflects purchasing a 50% share of the property's full market value.Financial Breakdown Based on a 50% Share:<ul><li>Full Market Value: £627,500</li><li>50% Share Value: £313,750</li><li>5% Deposit of Share Value (50%): £15,688</li><li>Rent on Unowned Share (50%): £719 per month</li><li>Service Charge: £442.44 per month</li><li>Anticipated Household Income Required to Purchase a 25% Share: £83,844</li><li>Council Tax: TBC*</li></ul> 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 WharfThese 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:<ul><li>A residents' only indoor swimming pool, gym and sauna </li><li>Residents' 16th floor Sky Lounge with views of The O2 and Canary Wharf</li><li>Concierge service and 24hr estate security</li><li>Free 3 year membership and £50 driving credit with Zipcar**</li></ul> Situated in the beautiful Royal Wharf neighbourhood, you'll be within walking distance of a Sainsbury's Local, Starbucks, tennis courts, schools, 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 (typically 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. The deposit required and 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:<ul><li>Have a combined household income under £90,000 per annum</li><li>Not already own a property, or part of a property, at the time of completing on your purchase</li><li>Be unable to purchase a suitable home to meet your housing needs on the open market</li><li>Have a minimum of £5,000 to cover the costs of buying a home</li></ul>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. <i>*Deposit boost contribution is based on 5% of the property's 25% share value and will be contributed as a one-off deduction when your home completes. Please see landgah.com/terms-conditions or speak to our Sales Consultants for details. 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 dressed images of a 3 bedroom apartment at East River Wharf and are indicative only.</i>
Find out MoreProperty Details
- Property ID: 159164750
- Added On: 2025-03-08
- Deal Type: For Sale
- Property Price: £313,750
- Bedrooms: 3
- Bathrooms: 1.00
Amenities
- Enjoy a £7,844 contribution towards your deposit!
- Spacious 2nd floor Shared Ownership apartment located by the Thames
- Private balconies off the open-plan living area and second bedroom
- Contemporary designed kitchen with integrated Siemens appliances & washer/dryer in utility cupboard
- 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
- Available to purchase from a 5% deposit with Shared Ownership
- Price represents purchasing a 50% share of the apartment's full market value
