Full Price £540,000 (with 40% Equity Loan)

Minimum deposit: £27,000

Scheme: London Help to Buy

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Royal Arsenal Riverside - 1 bed apartment in Greenwich

place Royal Arsenal Riverside Sales & Marketing Suite, Imperial Building, No. 2 Duke of Wellington Avenue, SE18 6NJ

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1 bedroom, 1 bathroom available with London Help to Buy


Eligibility

Help to Buy is available to first time buyers and current homeowners who meet the qualifying criteria, as follows:

  • The scheme is exclusively for owner occupiers. It must be the only property you own, and you are not allowed to sublet it or enter into a part exchange deal on your old home
  • There's no upper limit on your household income
  • You can buy a new home with a maximum price of £600,000, at participating developments - such as Royal Arsenal Riverside.

Description

Navigator Wharf
Property number: 2.14.1401
Speak to a Sales Consultant today to find out more or to arrange a virtual viewing

Available to purchase with London Help to Buy, this brand new 1 bedroom, 1 bathroom apartment is available to purchase with as little as a 5% deposit.

Help to Buy is available to first time buyers and current homeowners who meet the qualifying criteria, as follows:
* The scheme is exclusively for owner occupiers. It must be the only property you own, and you are not allowed to sublet it or enter into a part exchange deal on your old home
* There's no upper limit on your household income
* You can buy a new home with a maximum price of £600,000, at participating developments - such as Royal Arsenal Riverside.

TYPICAL EXAMPLE
Example home value: £540,000
Reservation fee: £500
5% deposit: £26,975
40% equity loan: £215,800
55% mortgage: £296,725

THE FINANCIAL FACTS
*£500 reservation fee
*Minimum of 5% deposit required
* Up to 40% is covered by a Homes and Communities Agency equity loan which doesn't have to be repaid for 25 years or until the property is sold or the mortgage redeemed, whichever is sooner
* You will not be charged any interest on the 40% loan for the first five years of owning your home. However a management fee of £1 a month will be applicable from the date of purchase. From year six, a fee of 1.75% is payable on the equity loan, which rises annually by RPI (Retail Price Index) inflation plus 1%
*You can obtain a mortgage for a minimum of 55% of the price


Set beside one of the world's most iconic waterways, Navigator Wharf at Berkeley's West Quay takes full advantage of its prominent position on the River Thames, with architectural features that make the most of this unrivalled riverfront location.

Renowned architecture, Simon Bowden, has designed Navigator Wharf in a style that reflects his artist flair. The colours and features that define the façade lead on to stunning apartments. This brand new 1 bedroom, 1 bathroom is located on the 14th floor and is spread across 560 sq. ft. offering South West views.

Navigator Wharf is the perfect place to enjoy life beside the river, situated within its own private gardens and surrounded by four acres of parkland.

Residents of Navigator Wharf will enjoy five star fitness and well-being facilities on their doorstep, at The Waterside Club. Which includes a 24 hour Concierge, 20m swimming pool, spa pool, sauna and steam room, massage treatment room, high-tech cinema room, fitness studio and gym.

Navigator Wharf is located at Berkeley's developments - Royal Arsenal Riverside, which is one of South East London's best connected developments, with a forthcoming on-site Crossrail station due to add to the already fantastic travel options.

The development benefits from an on-site Thames Clipper Pier offering easy access into Central London, with the National Rail and DLR station just a short walk away. For the frequent flyer, London City Airport is just 7 mins away via DLR.

The development is one of South East London's most exciting riverside addresses, occupying a prime location along the River Thames and offering a buzzing retail hub, with all the everyday essential amenities on your doorstep. Including, Barclays, M & S food, Sainsbury's, gastro-pubs and bars, Royal Arsenal Dentist and pharmacy, day-care facilities and the award winning Con Gusto restaurant. As well as a forthcoming 16,500 Sq. Ft. Creative District, inclusive of studio's and performance spaces, set to rival South Bank.

To find out more about Navigator Wharf, please speak to a Sales Consultant today

*Train times are approximate only. Computer generated images and photography are indicative only.
YOUR NEW HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENT ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. CHECK THAT THESE MORTGAGES WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT FINANCIAL ADVICE. You can obtain a mortgage for a minimum of 55% of the price.


Key Features

  • Available to purchase with London Help to Buy
  • 1 bedroom, 1 bathroom
  • 560 sq. ft.
  • South West aspects
  • Private balcony
  • Residents will have access to a 24 hr Concierge service
  • Five star residents only fitness & well-being facilities, including a 20m pool
  • Excellent travel links, DLR & National Rail a short walk away.
  • Anticipated Completion: July - August 2021

Download Documents

Link to the floor plan Property brochure 1
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Calculate Monthly Cost

Share price
£ 540,000
Min. £540,000
Equity loan
40%
Your deposit
Min. £27,000
Monthly cost*
£1,396
Cost breakdown
£223
Service charge
£1,173
Mortgage*
Calculated using a representative rate of 1.39%
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Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.