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Gallions Place - Royal Albert Wharf

Shared ownership

Gallions Road, London, E16 2AH

For salenew home
Shared ownership
Photo of Gallions Place - Royal Albert Wharf
Live from space album cover
  • from

    £77,500

    1 bedroom

  • from

    £106,250

    2 bedroom

from

£77,500

with min. deposit

£7,750

Notting Hill Genesis

£77,500

1 bedroom flat

£78,125

1 bedroom flat

£78,750

1 bedroom flat

£78,750

1 bedroom flat

£79,375

1 bedroom flat

£79,375

1 bedroom flat

£80,000

1 bedroom flat

£106,250

2 bedroom flat

Availability

Sale under offer

For sale

Sale under offer

For sale

Sale under offer

For sale

For sale

For sale

Minimum share

25%

25%

25%

25%

25%

25%

25%

25%

Full market price

£310,000

£312,500

£315,000

£315,000

£317,500

£317,500

£320,000

£425,000

Deposit from

£7,750

£7,813

£7,875

£7,875

£7,938

£7,938

£8,000

£10,625

Monthly rent

£533

£537

£541

£541

£546

£545

£550

£730

Monthly service charge

£138

£137

£141

£137

£138

£137

£137

-

Bedrooms

1

1

1

1

1

1

1

2

Bathrooms

1

1

1

1

1

1

1

2

Reception rooms

1

0

1

0

1

0

0

0

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

51.2

51

50

51.1

52.6

51

51.1

71.72

Number of floors

1

1

1

1

1

1

1

1

Entrance floor

1st floor

3rd floor

1st floor

3rd floor

1st floor

4th floor

4th floor

1st floor

Tenure

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

Property features

Balcony
BalconyCommunal GardenLift access
Communal GardenTerrace
BalconyCommunal GardenLift access
Communal GardenTerrace
BalconyCommunal GardenLift access
BalconyCommunal GardenLift access
BalconyLift access

Overview

Blending old tradition and a contemporary vision, this reimagined corner of historic East London sits only a few minutes' walk away from Gallions Reach DLR within easy reach of Canary Wharf, the University of East London and Crossrail at Custom House (due to open 2022).

Whatever the season, your Dockside locale provides an atmospheric backdrop to your days out. Strolling along the waterside while bumping into new friends after a morning run around the Wharf, this is city living as it should be.

With jogging paths weaving through the historic streets, long cycle routes alongside the river and waterfront parks for al fresco yoga or Pilates, …

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

from

£77,500

with min. deposit

£7,750

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