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1 bed flat for sale

£96,250 Shared ownership

Traders' Quarter At Royal Wharf, Starboard Way, London E16

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Interested in this property? Call +44 20 8033 9559 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Traders' Quarter at Royal Wharf
A collection of 52 extraordinary 1,2 & 3 bedroom Shared Ownership apartments, part of a new waterside development beside Pontoon Dock DLR station.

Prices
Full price for a one bedroom apartment is £385,000. Share price £96,250 (25% share of £385,000).

Overview
The Royal Docks were once the commercial hub of London with many extraordinary items being traded through them. Now you can create your own story and buy one of the extraordinary Shared Ownership apartments at Traders' Quarter at Royal Wharf.

Why buy your Shared Ownership home at Traders' Quarter at Royal Wharf?

  • Spacious apartments

  • A high quality specification

  • 24 hour concierge*

  • Access to the leisure and fitness centre

  • Next door to Pontoon Dock DLR station

  • Green space close by at Thames Barrier Park


  • The Shared Ownership apartments in Traders' Quarter at Royal Wharf present a great opportunity for first time buyers to live in an exceptional new community with fantastic connections to the centre of London at a more affordable price.

    Royal Wharf will ultimately comprise around 3,500 new homes with an element of commercial space, including shops, cafes, bars and a gym.

    The Oxley and Ballymore owned scheme is located in the Silvertown district of the London Borough of Newham and is situated just to the west of Pontoon Dock DLR station, between the North Woolwich Road and the River Thames.

    *The opening date of these facilities has not yet been confirmed. Please speak to a Sales Consultant at your viewing for more information.

    Location
    The development is situated with the River Thames to the south and North Woolwich Road to the north with the Royal Docks beyond. The site is conveniently situated between two DLR stations (West Silvertown to the west and Pontoon Dock to the east). Traders' Quarter at Royal Wharf is closest to Pontoon Dock.

    Canning Town (a 5 minute journey on the DLR) connects Royal Wharf to the Jubilee Line and London Underground network. The Crossrail station at Custom House (opening in 2018) will open up faster travel between east and west London and beyond.

    Canary Wharf and the City of London are an easy and short commute from the development.

    Specification
    General Internal

    Solid core timber wood internal doors. Internal walls painted in white with skirting boards in white. Engineered oak wood flooring to hall, living area and kitchen.

    General External & Communal Facilities

    Balconies to some apartments. Cycle racks are located on ground floor level. Underground parking is included with some apartments*. A concierge service will be available from June 2017*. Access to the Clubhouse (including swimming pool and fitness suite) will be available from late 2018.

    * please speak to your Sales Consultant for details

    Kitchen

    White gloss handleless base and wall units with soft close mechanism. Silestone quartz worktop in 'Gris Expo'. Matt silver ceramic tiles to kitchen walls. Single bowl stainless steel undermounted Blancoclaron sink with chrome finish deck mounted mixer tap. Siemens fully integrated fridge freezer. Siemens fully integrated dishwasher. Siemens single electric fan-forced oven with metal fascia. Siemens induction hob finished in black glass. Siemens concealed canopy hood extractor fan with silver metallic lacquer finish. 2 x 30 litre integrated bins within base unit. Pelmet lighting under high level cupboards.

    Bathrooms

    Gloss noir black ceramic tiles to bathroom walls surrounding bath. Matt white ceramic tiles to bathroom walls. Wall-mounted mirrored wall cabinet with light behind and shaver point inside. White integrated double ended bath with polished chrome finish mixer tap, shower set and bath screen in glass chrome. White sanitaryware including WC and countertop basin with polished chrome deck mounted mixer taps. Polished chrome heated ladder towel rail. Matt grey ceramic tiles to floor.

    En-suites

    Matt grey ceramic tiles to en-suite floors. Gloss noir black ceramic tiles to bathroom walls surrounding bath. Matt white ceramic tiles to bathroom walls. Polished chrome shower set with screen in glass chrome. White sanitaryware including WC and countertop basin with polished chrome deck mounted mixer taps. Polished chrome heated ladder towel rail. Wall-mounted mirrored wall cabinet with light behind and shaver point inside.

    Bedrooms

    Fitted carpets in neutral colour to bedrooms. Plain white wardrobes with double doors.

    Electrical, Lighting & Heating

    Spotlights throughout. Horizontal or vertical single panel radiators throughout. Services cupboard contains electrical meter, hiu and Beko washing machine. Video entry phone system and thermostat to hallway.

    Images are planning CGIs only and are therefore indicative and not necessarily representative on the final product.

    Eligibility
    Anyone living or working in London is eligible to apply with priority to applicants who live or work in Newham.
    Guidance income for one bedroom apartments is £42,897

    Property info

    Market activity
    Average price paid £380,321 Sales 353 Current average value £387,836 (Zoopla Zed-Index) Value change £3,997 ▲ 1.04%

    Property value data/graphs for E16

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £395,823 £366 3.1 £367,000
    Semi-detached £366,513 £445 2.9 £411,187
    Terraced £358,314 £433 2.9 £385,827
    Flats £403,013 £581 1.9 £378,335

    Current asking prices in E16

    Average: £522,243
    Avg. current asking prices in E16
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £422,500
    (4)
    £463,384
    (16)
    £542,826
    (38)
    £921,966
    (16)
    -
    Flats £423,828
    (409)
    £551,827
    (369)
    £741,348
    (142)
    £692,799
    (5)
    -
    All £423,816
    (413)
    £548,152
    (385)
    £699,437
    (180)
    £867,402
    (21)
    -

    Current asking rents in E16

    Average: £1,664 pcm
    Avg. current asking prices in E16
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £879 pcm
    (15)
    £1,512 pcm
    (16)
    £1,889 pcm
    (24)
    £2,180 pcm
    (8)
    £2,201 pcm
    (1)
    Flats £1,345 pcm
    (203)
    £1,674 pcm
    (225)
    £2,222 pcm
    (48)
    £2,033 pcm
    (6)
    £2,401 pcm
    (3)
    All £1,313 pcm
    (218)
    £1,663 pcm
    (241)
    £2,111 pcm
    (72)
    £2,117 pcm
    (14)
    £2,351 pcm
    (4)

    Fun facts for E16

    Highest value in E16
    Highest value streets Zed-Index
    Hanover Avenue £595,300
    Rayleigh Road £582,285
    Hartlepool Court £561,714
    Wards Wharf Approach £551,392
    Constable Avenue £551,052
    Highest turnover in E16
    Highest turnover streets Turnover
    Pankhurst Avenue 44.4%
    Fairfax Mews 40.7%
    Lowestoft Mews 38.3%
    Grimsby Grove 37.7%
    Gatcombe Road 35.7%

    What Zoopla users think of E16

    Overall rating:

    • currently 3.5 stars
    Good - 71% (314 ratings)

    Ratings breakdown:

    • currently stars
    Community & safety
    • currently stars
    Entertainment & nightlife
    • currently stars
    Parks & recreation
    • currently stars
    Restaurants & shopping
    • currently stars
    Schools & public services
    • currently stars
    Transport & travel

    Rate E16:

    Tell us what you think of this area by rating these categories.
    Please note your vote will only be counted once.

    Community & safety
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Entertainment & nightlife
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Parks & recreation
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Restaurants & shopping
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Schools & public services
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Transport & travel
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5

    Nearby transport

    • Pontoon Dock (0.2 miles)
    • West Silvertown (0.3 miles)
    • Custom House (0.6 miles)
    • London City Airport (1.2 miles)
    • London Heathrow Airport (21.1 miles)
    • London Gatwick Airport (26.2 miles)
    • Barrier Gardens Pier (0.7 miles)
    • North Greenwich Pier (0.8 miles)
    • East India Pier (1.4 miles)

    Nearby schools

    View all schools in Newham
    • Britannia Village Primary School (0.2 miles)
    • St Joachim's RC Primary School (0.8 miles)
    • Drew Primary School (0.8 miles)
    • Newham Sixth Form College (1.5 miles)
    • London Design and Engineering UTC (1.7 miles)
    • Right Choice Independent Special School (1.9 miles)
    • Oasis Academy Silvertown (0.3 miles)
    • The Royal Docks Community School (0.7 miles)
    • Royal Greenwich Trust School (0.9 miles)
    Note: Distances are straight line measurements

    Local info for Newham

    AskMe Q&A for Newham

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    For more information about this property, please contact
    Notting Hill Housing Group - Traders Quarter at Royal Wharf, E16 on +44 20 8033 9559 * (local rate)

    Monthly running costs Beta

    £453 Monthly total

    Mortgage

    Purchase price
    Deposit (10%) 9,625
    Repayment term 25
    Interest rate 1.5
    Your payment £346 /mo How Much Could I Borrow

    These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

    Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    Home Insurance

    Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £41/mo (£489/yr) In partnership with uSwitch
    Home insurance costs explained

    Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

    Source: Autonet Insurance Ltd

    Energy

    Gas £20 Electricity £27 Estimated energy cost £47/mo In partnership with uSwitch
    Energy costs explained

    The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

    Estimated consumption

    Gas: 5500 kWh/year
    Electricity: 2100 kWh/year

    Source: National Energy Efficiency Data Framework

    Water

    Supply £9 Sewerage £10 Estimated water cost £19 /mo
    Water costs explained

    Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

    Total annual consumption (in cubic meters) is then averaged into a monthly cost.

    Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

    Contact Notting Hill Housing Group - Traders Quarter at Royal Wharf about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Notting Hill Housing Group - Traders Quarter at Royal Wharf, and do not constitute property particulars. Please contact Notting Hill Housing Group - Traders Quarter at Royal Wharf for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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