Share Price £121,250 (from 25% Min. Share)

Full Value £485,000 | £6,063 Min. Deposit

Scheme: Shared Ownership

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Insignia Place - 2 bed apartment in Greenwich

place Wellington Street, London, SE18 6HO

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Beautiful two-bedroom apartment in Woolwich available with Shared ownership. Price starts from £121,250*, enquire to find out more!


Description

This is one of our last homes at Insignia! Don't miss out!

About our homes

Our two bedroom apartments at Insignia Place are perfect for first time buyers, professionals or new families. Each one features a contemporary style and is ideally suited to modern living.
The entrance hall leads to a versatile open plan living area, comprised of a fully-fitted kitchen and a light-filled living and dining space. The stylish kitchen features gloss units, stone-coloured worktops and integrated Zanussi appliances, while the living and dining area opens out on to your balcony - perfect for enjoying the views of the area.

The two bedrooms* are bright and airy and have plenty of space for wardrobes and furniture, while the contemporary bathroom features anthracite wall tiles, heated chrome towel rail and vanity mirror.

Full market value is £485,000 but, with shared ownership, you could be purchasing from a 25% share for as little £121,250. If you're buying with a mortgage you'll only need a 5% deposit on the share you purchase, which means your mortgage deposit could be as little as £6063*

Total Room Measurements - 79.30m²

Measurements and layouts are indicative only and vary according to plot

Local Area

Local amenities like medical centres and gyms are all within easy reach, as are a variety of supermarkets. Indulge your shopping bug at the nearby ICON in North Greenwich, or find something special in the eclectic markets at Beresford Square and the Royal Arsenal Farmers Market

Commuting from Insignia Place couldn't be easier - the Woolwich Arsenal and Woolwich Dockyard railway stations link you directly to the heart of London, while TfL administers reliable local bus services, and the free ferry service will take you across the Thames and back in no time.

The neighbourhoods around Insignia Place offer so much to see and do - explore the glorious open spaces of Greenwich and the historic back streets of Blackheath, or sample a wealth of cuisines in Woolwich, everything from Italian to Eritrean!
Whether you choose to stay local or journey further afield, we're sure you'll love your new home at Insignia Place.

About shared ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.
Shared ownership gives you the opportunity to get your foot on the property ladder at a price you can afford.

You qualify for shared ownership if you:
* Have a household income of under £90,000
* Don't currently own your home and can't afford to on the open market
* Can afford the minimum deposit
* Pass an affordability check to make sure you can get a mortgage


*This is based on a 25% share (£121,250) of a two bedroom apartment valued from £485,000with a 5% mortgage deposit (£6,063). The share you buy is dependent on your financial and personal circumstances.

Photos and CGIs are for illustrative purposes only and may feature previous developments.


Key Features

  • Perfect for professionals, couples or families
  • Ideally located in Woolwich - a lively area of historic Greenwich
  • Easy access to a range of local amenities
  • Great for commuting locally and with excellent transport links to London
  • Stunning new development offering stylish apartment living
  • High-specification homes with a variety of layouts to choose from
  • Spacious bedrooms and luxurious open-plan living areas
  • Fully-fitted kitchen with integrated Zanussi appliances
  • Balcony views of the iconic River Thames
  • Available through Shared Ownership

Download Documents

Property brochure 1 Property brochure 2 Property price list

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Calculate Monthly Cost

Share price
£ 121,250
Min. £121,250
Share percentage
Min. 25%
Your deposit
Min. £6,063
Monthly cost*
£1,372
Cost breakdown
£606
Rent
£162
Service charge
£604
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.