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BOHE
24th Apr at 12:00 pm - 6:00 pm - book to attend

About this property

Following the incredible success of our recent Sky Lounge event and the continued high level of demand, we are delighted to announce that we will be hosting another exclusive Event.

Thursday 23rd April

5:00pm – 8:00pm

Join us for an evening viewing where you can experience the development, take in the stunning views, and learn more about our available homes. Our team will be on hand to answer your questions and guide you through the process.

'Spring Deposit Boost' 5% deposit contribution worth up to £8,000*.

SHARED OWNERSHIP Three bedroom apartment available to purchase at a 25% share of £630,000 with a minimum 5% mortgage deposit of £7,875 . Call today to arrange your appointment to view.

A stunning three bedroom 3rd floor apartment with private balcony, Fully completed and ready to move in. Call us now to reserve today.

East River Wharf is an exciting brand new riverside neighbourhood offering a collection of 1, 2 & 3 bedroom shared ownership apartments. Located close to the river Thames, this area of London has recently undergone a significant programme of regeneration and investment. The development also boasts fantastic transport connections and is well connected to Custom House on the Elizabeth Line that provides fast-whizzing links to Canary Wharf, the City and Heathrow. Silvertown DLR station is approx. 0.2 miles and under a 5 minute walk providing easy access to Canary Wharf and London City Airport in under 15 minutes. There are an abundance of local independent shops and cafes as well as local schools. Lyle and Thames Barrier parks are also close by. The development benefits from a location which provides both urban convenience and riverside living.

The apartments are now fully completed and comprise spectacular open plan kitchen/living room with beautifully appointed fully, fitted, contemporary kitchen with quality worktops, under cabinet LED lighting and integrated Siemens appliances. The living area is bright and spacious which opens onto your own private decked balcony area. There is a spacious double bedroom with built in wardrobes and an elegant bathroom suite comprising Vitra white bathroom suite with bath and glass shower screen, close coupled soft close WC, Vado concealed thermostatic mixer tap and rain shower head. Other benefits include a 24 hour concierge service, access to a state of the art residents gym, swimming pool and spa. There is also access to a 16th Floor sky lounge offering stunning river views. Each home comes with a 12 year NHBC build warranty.

Full Market Value: £630,000

25% Share Value: £157,500

5% Deposit of Share Value (25%): £7,875

Rent on Unowned Share: £787 per month

Service Charge: £531.62 per month

Council Tax: TBC

Please note that to purchase a 25% share of a 3 bedroom apartment at East River Wharf, we recommend a minimum household income of £75,000 based on a 5% deposit. We're happy to discuss your specific situation and help you understand your options. 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 Shared Ownership:

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to get on the property ladder at in a more affordable way. With Shared Ownership you can purchase a share of a property's full market value, while paying a reduced market rent on the remaining share. Later on, you'll have the option to purchase more shares in your new home and, if you choose to, own the property outright. As the deposit and mortgage amounts are based on the share value, the costs are generally much less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Eligibility Criteria:

To be eligible for this home 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 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

3 bedroom apartments: above £75,000

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 their web site.

*Terms and conditions apply.

** Please note that the images used are of our show apartments and are for illustrative purposes only. Apartment types and layouts vary so please contact us arrange a private viewing appointment.

Key information

Council Tax Band: Contact branch

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 239 years
  • Annual service charge: £5,976
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent
  • Property responsive
    Royal Crest Avenue, London, E16 3 flat
    £
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    Years
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    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Woolwich

    1 Thomas Street
    London
    London
    SE18 6HL
Phone Icon Icon set Phone 02031519508

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Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.