Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Apartment
2 bedrooms
Not specified
1/24
Available
£247,500
Waterford Court, 7 Turnberry Quay, E14 9GH
Share 45% / Full price £550,000 / Min deposit £37,125
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
You may be eligible for this property if: You must be at least 18 years old. Your annual household income must be less than £90,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Description
Property reference number: 1639566
This stylish 2-bedroom apartment in the sought-after Waterford Court development offers modern living in a prime location. Positioned in the heart of Canary Wharf’s bustling business district, the property benefits from excellent transport links. Crossharbour DLR station is just a short walk away, providing quick access to Canary Wharf, Bank, and beyond. Greenwich station is also nearby, offering a mix of rail, DLR, and riverboat services for easy commuting across London.
The vibrant local area is packed with amenities, including a variety of supermarkets, such as Tesco Express and Asda, ensuring convenient shopping. The area also boasts a great selection of bars and restaurants to suit every taste, from casual eateries to fine dining. For a relaxing day out, visit Mudchute Farm, a hidden gem offering a peaceful escape with animals and green spaces. The iconic Canary Wharf Shopping Centre is also just moments away, offering a wide range of high-end shops, cafés, and entertainment options. With everything you need right on your doorstep, Waterford Court provides an exceptional blend of city living and comfort.
Financial information
Tenure: Leasehold
Remaining lease term: 117 years
Annual ground rent amount: £300
Ground rent review period: 25 years
Annual service charge amount: £5,252.04
Service charge review period: Annually
Council tax band: F
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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.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£247,500
Shared Ownership Resale
Full price £550,000
Estimated monthly cost£2,572
Rent£984
Service charge£438
Mortgage£1,150
Calculated using a representative rate of 4.34%
Share
Deposit
£
How is this calculated?
How is this calculated?
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.
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Next steps
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