2 bedroom apartment for sale
Plot 186, 8 River Barge Close, E14 3JX
Share percentage 25%, full price £510,000, £12,750 Min Deposit.
Share percentage 25%, full price £510,000, £12,750 Min Deposit.
Monthly Cost: £1,800
Rent £885,
Service charge £261,
Mortgage £654*
Calculated using a representative rate of 4.74%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Apartments with great views across the river and private outside space to all homes. Bringing the best in urban living by the River Thames, New Union Wharf has quick transport links into The City.
Description
Rambler House - Plot 186
2 bedroom 2nd floor apartment offering 70 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our new show home.
£127,500 for a 25% share of £510,000 and a deposit as low as £12,750 and a minimum income of £59,000.
Full Market Value: £510,000
Shared Value (25%): £127,500
Minimum deposit: £12,750
Required income: £59,000
Rent PCM: £885
Council tax band: TBC
What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%
New Union Wharf
The landmark riverfront project overlooks the O2 Arena with a range of facilities, shops, and amenities right on your doorstep. All homes at New Union Wharf offer a selection of winter gardens, balconies or terraces to choose from as well as a children's play area and communal outdoor spaces. All homes have been designed with space and comfort in mind with stylish specification that reflects modern interior trends and feature generous storage space. The floor to ceiling windows provide lots of natural light. All apartments come with an ensuite bathroom. Our open kitchen and living spaces create an impressive focal point to entertain guests.
New Union Wharf Connections
Whether it’s a five-minute tube ride to work or leisurely boat trips to explore, New Union Wharf brings the best of London to the doorstep. A seven-minute walk from your front door is the Crossharbour station of the DLR. From there it’s three stops to Canary Wharf with its Jubilee Line connections taking you to London Bridge or Stratford in less than 10 minutes.
Please see the attached brochures and pricelist for our availability and specification details
Viewings
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour.
*Terms and conditions apply
Key Features
- Homes ready to move into
- Excellent transport links including DLR stations Crossharbour and South Quay are a short walk away
- Views of the River Thames overlooking The O2
- Landscaped gardens, children’s play areas and a riverside walkway
- Generously sized private balconies for each home
- Contemporary interiors with integrated appliances
Particulars
Tenure: Leasehold
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure BrochureVirtual Tour
Video Tour
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £510,000, £12,750 Min Deposit. Calculated using a representative rate of 4.74%
