1 bed flat for sale

Jarman Building, 51 Royal Crest Avenue, London E16

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this beautifully designed one bedroom apartment at East River Wharf, Royal Wharf, East London, available through Shared Ownership.

Property Overview

Situated within the sought-after East River Wharf development, this contemporary one bedroom apartment offers an excellent opportunity to enjoy modern riverside living through Shared Ownership in the heart of Royal Wharf.

Extending to approximately 540 sq ft, the apartment has been thoughtfully designed to maximise space and natural light. The welcoming entrance hall leads through to a spacious open plan kitchen, living and dining area, creating a versatile space for relaxing, entertaining or working from home. Large doors open onto a private balcony, providing the perfect place to enjoy your morning coffee or unwind after a busy day.

The generous double bedroom offers ample space for wardrobes and additional storage, while the stylish contemporary bathroom has been finished to a high standard throughout.

Residents at East River Wharf enjoy access to an exceptional range of on-site amenities, including a concierge service, residents' gym, swimming pool, spa and the exclusive 16th-floor Sky Lounge, offering panoramic views across London's skyline.

Financial Breakdown

• Full Market Value: £375,000
• 25% Share Value: £93,750
• Rent (75% share): £738.58 per month
• Service Charge: £121.14 per month
• Estate Charge: £99.23 per month
• Buildings Insurance: £49.83 per month
• Management Fee: £34.89 per month
• Reserve Fund: £18.49 per month
• Total Monthly Payment (excluding mortgage): £1,062.16

Local Area

East River Wharf forms part of the vibrant Royal Wharf neighbourhood, one of East London's premier riverside communities. Set alongside the River Thames, residents benefit from beautifully landscaped gardens, riverside walks and easy access to nearby green spaces including Lyle Park and Thames Barrier Park.

The development offers an excellent selection of cafés, restaurants, shops, schools and everyday amenities, creating a thriving community atmosphere.

West Silvertown Dlr station is approximately a four-minute walk away, providing fast connections to Canary Wharf, Canning Town, London City Airport and the wider London transport network. Whether commuting to work, exploring the capital or travelling further afield, East River Wharf offers exceptional connectivity.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying a subsidised rent on the remaining share.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%. Deposits and mortgage payments are based on the share purchased, meaning costs are often lower than buying outright or renting privately.

Legal & General Affordable Homes is a Registered Provider delivering Shared Ownership homes and committed to creating well designed communities and supporting buyers throughout their home buying journey.

Eligibility Criteria

To be eligible for Shared Ownership, you will 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 your purchase.
• Be unable to purchase a suitable home to meet your housing needs on the open market.

This Shared Ownership opportunity offers a more affordable and flexible route to owning a contemporary riverside home in one of East London's most desirable neighbourhoods.

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent is payable on the share not owned, along with any applicable service charges and other outgoings. Staircasing is subject to a valuation at the time of purchase and additional legal and valuation costs may apply. Priority may be given to applicants with a local connection. All information provided is for guidance only and does not form part of any contract.