New Shared Ownership Homes To Thrive In The New Normal At Royal Albert Wharf

While lives have changed hugely for so many in recent months since the global pandemic arrived, the current circumstances have highlighted the things that people value about where they live. Key things that have been providing solace during the lockdown are green spaces and places to take a walk, a sense of community and private outdoor space. The new homes set to launch at Notting Hill Genesis’ landmark development, Royal Albert Wharf, E16 on Saturday 15th August tick the boxes on all of these counts, while offering house buyers an affordable price tag thanks to Notting Hill Genesis’ Shared Ownership scheme.

Set on the northern bank of the River Thames, Royal Albert Wharf proudly occupies an outstanding and well-established waterfront setting in the Royal Docks, East London. Eager buyers keen to make this vibrant district their home have the opportunity to view a brand new two-bedroom show apartment being unveiled for launch weekend. The Mare Building at Riverside delivers the latest exciting collection of design-led homes offering a range of one, two-bedroom and later this year three bedroom shared ownership apartments allowing Londoners to make their first move onto the property ladder with a deposit starting from just £7,875*. Each apartment has a tranquil outlook with connectivity to the waterside and private terrace or balcony. Set around a beautiful courtyard, surrounding public spaces are spacious with landscaped piazzas for socially distanced meet-ups, places to eat and drink and enjoy the outdoors and an extensive network of walkways and cycleways for daily exercise.

James Munson, Head of Marketing at Notting Hill Genesis, comments: “The last few months has really emphasised what is important to us and, with everyone spending far more time at home, the environment around us has far more impact on our daily lives. Combined with its convenient East London location, close to Canary Wharf, the Royal Docks are a waterside oasis of calm with plenty of space for spending time outdoors. The added wellbeing boost of living next to water is also a benefit and there is no better time to take advantage of this stunning location. Our new collection of homes at Royal Albert Wharf offers a range of apartment types to suit a variety of buyers, and for all, the welcome of a warm and growing community awaits.”

Royal Albert Wharf forms part of the thriving Royal Docks area, where a huge £3.7 billion investment programme is shaping one of London’s most vibrant waterside districts. Once a vital hub for the shipping trade, the revitalised docks offer new public spaces and wide-open walkways, with outdoor cafes and bars, with spaces for meeting al fresco as per the new requirements. New footpaths and cycleways link with the wider area, helping residents get out and about on foot or bike, which is encouraged more than ever as lockdown eases and people start returning to work.

Ready to move into now, each apartment benefits from spacious interior layouts finished with a quality specification. Architecture is sensitive to the Docklands heritage while creating an inviting and stylish environment to suit modern lifestyles. Floor to ceiling height windows fill apartments with plenty of light and each comes with its own private balcony or terrace providing the perfect place to relax. Open-plan interiors offer flexible living space incorporating sleek fitted kitchens complete with a range of Zanussi appliances.

Located in Zone 3, public transport links are excellent with Gallions Reach DLR station just a few minutes’ walk. From here is it 11 minutes to Canning Town and 19 minutes to Canary Wharf, while London Bridge and Waterloo can be reached in less than half an hour. When river boat services recommence, Royal Wharf Pier will become a new stop on the Thames service, offering a pleasant and less crowded way to commute. And when the Elizabeth Line launches, Custom House will be the nearest stop, further improving connections from the Royal Docks.

Prices for the latest collection of shared ownership homes at Royal Albert Wharf start from £78,750 for a 25% share of £315,000 By choosing Notting Hill Genesis’ Shared Ownership scheme, buyers have the opportunity to buy a share of a home, usually between 25% and 75%, while paying subsidised rent on the remaining unpurchased share. Provided they can afford to, buyers can opt to purchase additional shares in the property, right up to 100% outright ownership.