Riverside living in Woolwich
Have you ever wanted to live in an apartment with outstanding views of the River Thames but felt that such a property was out of reach? At Pier Road, a new development by Genesishomes, purchasers are able to have the riverside lifestyle so many crave.
With prices starting from just £53,890 for a 25% share, Pier Road offers purchasers fantastic opportunity to make their first step onto the property ladder.
Pier Road offers first time buyers the chance to purchase a spacious two bedroom apartment with stunning riverside views, just 20 minutes from Canary Wharf, is the perfect destination for those who work in London Docklands but want to live in a quieter, easily accessible area.
All apartments at Pier Road feature a balcony, key fob entry system and bicycle storage facilities. Kitchens come equipped with vinyl flooring, Indesit oven, hob and extractor and a dark walnut worktop finish. Bathrooms come with thermostatic bath and shower control and a spacious storage cupboard while beige carpets finish the bedrooms, lounge and hallway floors.
Situated opposite the picturesque Royal Victoria Gardens, Pier Road is close to Canary Wharf’s 200 plus shops, bars and restaurants. Nearby Docklands and the O2 Arena provide a variety of entertainment and leisure attractions while those who want to experience the serenity of some of London’s most idyllic parks, including Royal Greenwich Park, offer an escape to the buzz of London Docklands.
The Royal Docks is an ideal mix of old and new, the Royal Albert, Royal Victoria and King George V docks form the world’s largest enclosed docks and were used as ports to import worldwide goods, including cotton and spices. The area is now undergoing a wealth of regeneration including the new Royals Business Park, providing over a million square feet of office space, and the Royal Albert Basin to compliment the 22 acre Thames Barrier Park, a hidden gem of London’s illustrious parks.
Pier Road is within a stone’s throw of King George V DLR station offering services to Canary Wharf, the City and London City Airport in less than half an hour. South of the River Thames can be reached by either the Woolwich foot tunnel, the Woolwich car ferry or by a 3 minute DLR journey. From Woolwich national rail services can allow you to get to Greenwich and London Bridge in 25 minutes.
All of the properties are available on a shared ownership (part-buy/part-rent) basis. This allows people to buy a share in the property and pay a subsidised rent on the rest.
To be eligible, this must be the buyer’s first property purchase or their only home. Their household income must be less than £60,000 and they will need savings of around £3,500, to cover moving and legal costs.
Once purchasers have bought, they can also buy additional shares if they wish, as and when they can afford to do so.
Prices start from as little as £53,890 for a 25% share in a one bedroom apartment at Pier Road based on a full market value of £215,560. For more information visit genesishomes.org.uk.
