Banyan Court - Shared Ownership
Traders Quarter, Royal Wharf E16. Price based on 25% minimum share.
SiteSales Property Group and Notting Hill Genesis presents this generous 3 bedroom apartment available for Shared Ownership, comprising of integrated Siemens appliances and Silestone surfaces in the kitchen with a high level of specification continuing throughout the property. This apartment offers plenty of interior space and storage alongside secure underground parking.
Royal Wharf is located within close proximity to an excellent range of primary and secondary schools, with 4 schools within a mile of the apartment achieving an Ofsted rating of 'outstanding'. A further 11 nurseries are within 2 miles of the property including 'the nest', a nursery on site at Royal Wharf. Additionally, a new primary school is currently under construction at Royal Wharf in anticipation of completion by 2020.
This is a unique development of exceptionally high quality apartments in the historic area known as Silvertown. Yet it is not just buildings but a whole new community and a new lifestyle, that will result in the generation of a new village for London, inspired by the classic residential estates of the West End such as Fitzrovia, Belgravia or Bayswater - with the added cachet of a waterfront setting. From the fantastic location, to the high level of specification, find out more about what makes Shared Ownership living in Traders' Quarter at Royal Wharf so extraordinary.
Royal Wharf is conveniently located between two DLR stations, West Silvertown and Pontoon Dock, which are both within a minutes' walk. You are just a few minutes from Canning Town, which connects Royal Wharf to the Jubilee Line and the London Underground network. Canary Wharf and the City of London are both an easy and short commute from Traders' Quarter.
Royal Wharf is a rich, relaxed neighbourhood, focused around a pedestrianised central high street, a broad market square and riverside park. The village has been designed with a network of paths to encourage walking, running and cycling. To experience the sense of space here there is no better way than to stroll the riverside walks. To the west is Lyle Park, with a play area for children, basketball court, tennis court, and football pitch, To the east are the 22 acres of the award-winning Thames Barrier Park.
What is Shared Ownership?
Shared Ownership allows you to purchase a share between 25% and 75% of the property using a deposit and mortgage, whilst paying a subsidised rent on the share you do not own. In the future you will be able to purchase additional shares in your property, leading up to 100% on certain developments such as Royal Wharf.
Shared ownership properties are leasehold properties, meaning you will own the lease on them for a fixed period of time, typically 125 years. You will pay a service charge for the property, which is usually charged on a monthly basis.
Please note, to be eligible for the Shared Ownership Scheme at Traders Quarter you must live or work in a London Borough, not currently own another property and not exceed the maximum household income.
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