SHARED OWNERSHIP : Recent research has shown a rise in demand for properties in picturesque waterside locations as buyers become increasingly drawn to the fresh air, open space and well-being benefits that accompany a waterside property[1]. Home hunters whose top priority is a stylish riverside home, paired with the lifestyle benefits that it brings, should look towards Notting Hill Genesis’ latest release of three-bedroom Shared Ownership homes, with parking, at Royal Albert Wharf.
Occupying an impressive setting looking out onto the dockside and Victorian pumphouse, this particular collection of homes will be the final opportunity for buyers to purchase a waterside property at Royal Albert Wharf – ready to move into now, those wanting to take their place by the river should book their viewing now to avoid disappointment.
Thanks to the availability of Shared Ownership, buyers at Royal Albert Wharf have the chance to buy a share of a home’s value, between 25% and 75%, while paying a subsidised rent on the remaining share. The lower deposit level required with Shared Ownership, means purchasers need only put down a deposit on the share they purchase and not the full market value of the property. With a 10% deposit starting from £12,375 prospective buyers are able to become a homeowner with a lower level of savings than if they were to buy the same home outright. Purchasers can choose to buy additional shares on their property as and when they can afford to, staircasing right up to 100%.
James Munson, Head of Marketing at Notting Hill Genesis, comments: “Royal Albert Wharf’s unique waterside position is a fantastic location for first-time buyers in search of a better quality of life whilst still being able to enjoy living and working in the city. Its vibrant new community and relaxed atmosphere makes Royal Albert Wharf a great place to call home.”
Ideal for health-conscious residents, Royal Albert Wharf boasts a number of picturesque green spaces close to home. Beckton Park, the Royal Victoria Gardens and the Thames Barrier Park offer plenty of open space to explore whilst taking the opportunity to get out in the fresh air within walking distance from home. Alternatively, residents can enjoy the serene views of the riverside on the south side of the development – where a stunning stretch of the Thames provides the perfect place for a morning run or an evening stroll.
Purposefully designed to offer a superior standard of living, each apartment delivers a high-quality specification, modern interiors, spacious layouts as well as access to private outdoor space. Kitchens are sleek and practical in design, and come complete with a range of integrated Zanussi appliances. Bedrooms have been thoughtfully designed to provide a cosy sanctuary for residents to unwind in with plush carpets, built in wardrobes and LED downlights. Each home also includes stylish bathroom suites finished with high quality chrome fixtures and fittings.
Locally there are plenty of spaces to relax after a busy day, with a network of paths and open green spaces on the doorstep complete with a great range of play equipment for children to enjoy. A nearby Co-Op supermarket ensures that cupboards will always be stocked, whilst families are well catered for, with a range of local schools and nurseries in the area, many of which boast an ‘Outstanding’ or ‘Good’ Ofsted rating. In terms of family activities, Royal Albert Wharf has plenty to offer. Dock Beach, London’s largest urban beach provides a space for children to build sandcastles and play in the sand throughout the summer and is just a 20 minute DLR ride away, whilst on site RAW Labs run by Bow Arts is a hub of activity for those of all ages with a range of classes to get involved with including creative arts and crafts and yoga. For residents looking for a place to relax and catch up with friends the plant based Well Bean Café is a popular choice lock side and a future planned restaurant will also be launching soon.
A little further afield, Westfield in Stratford can be reach in just 23 minutes via DLR, which offers a great mix of big brand name stores for residents to enjoy. For those in search of nearby entertainment, the O2 offers a lively atmosphere along with a range of entertainment every night of the week, including live concerts, comedy shows and Cineworld cinema.
Gallions Reach DLR Station in Zone 3 is just a four-minute walk away from home, providing access to Canning Town in 11 minutes, and Canary Wharf in 19 minutes. London Bridge and Waterloo are less less than half an hour away by train, ensuring commuters at Royal Albert Wharf are easily connected from home into London. An added bonus, residents will also have access to onsite parking.
Prices for these exclusive apartments in the Boyd Building at Royal Albert Wharf start from £123,750 for a 25% share of a three-bedroom apartment at a full market value of £495,000 at Royal Albert Wharf. Estimated monthly costs taking into account mortgage, rent and service charge of £1,739. For more information, please visit www.nhgsales.com or call 020 3815 2222
Property & Development Magazine
