The Forge 397-411 Westferry Road, London E, Greater London
from £210,000 (60% Share).
2 Bed Duplex
Call 0845 373 2424
Purchase a 60% share for £210,000 of a 2 bedroom duplex valued at £350,000
For example with shared ownership you can live at The Forge, situated in the heart of Docklands, from just £270 per week.**
This figure is based on a shared ownership mortgage purchasing a 25% share of a one bedroom apartment (valued at £330,000) with rent payable on the remainder. The assumed mortgage term is based on a mortgage term of 25 years mortgage at a rate of 7.0% with a deposit paid on the share. A minimum income of £38,000 (single or joint) is required.
Click here to visit out website to use our Shared Ownership Calculator.
KEY FEATURES
· Purchase from 25% to 75% of the property value, paying rent on the remaining share
· Stylish and affordable contemporary apartments in this prestigious development by Glenkerrin
· A prime location in the heart of Docklands, walking distance to Greenwich town centre
· High specifications with custom designed kitchen and smart bathrooms
· Only 5% deposit required on your mortgage (subject to status)
· Stamp duty paid*
· Legal fees paid up to £1000
THE FORGE, DOCKLANDS
The Forge, built by Glenkerrin, is a prestigious city development in which Assettrust Housing is offering twelve exclusive 2 bed duplexes for sale, on a shared ownership basis.
Be just a few DLR stations away from buzzing Canary Wharf and within walking distance of Greenwich town centre. The Forge is next door to a restored 19th century forge, from the area’s past when it was one of the world’s busiest working docklands.
Today this area is a premier location for business, living and leisure, ringed by the river and benefiting from speedy connections to the rest of London. The Forge is only 3 miles from City Airport and close to 3 DLR stations.
Live in a ‘best of all worlds’ location, close to the phenomenal Canary Wharf business and shopping hub, and yet be close to the river which is just a few streets away. The Thames Path is a valuable local resource for joggers and walkers and there is an underwater foot tunnel which takes you into Greenwich town centre.
ABOUT ASSETTRUST SHARED OWNERSHIP
If you’re trying to buy a home of your own, then you probably know how difficult it is to make that first step onto the ladder. Assettrust Housing is here to help, with shared ownership schemes that reduce start-up costs and monthly repayments.
Assettrust Housing is a privately financed company established in 2003 to provide affordable homes on a rental or shared ownership basis throughout England and Wales. We do not use government grants to fund any of our schemes.
Our policy is to combine traditional values with state of the art management and financing techniques. We are governed by a charter which ensures fair rents, high standards of maintenance and effective long-term management. Assettrust tenants and owners live in high quality new homes of modern design, which include large urban mixed-tenure developments or smaller schemes.
The Assettrust group of companies has substantial interests in the commercial and residential property markets, both as principal and as a provider of services through affiliates such as Hometrack.
* Stamp duty paid where applicable up to a maximum share value of £250,000
** An additional service charge will be payable. The overall cost of comparison in this example is 7.3%. Your home may be repossessed if you do not keep up with the repayments on your mortgage.
Interior images are indicative only and may not accurately reflect the final specification or aspect of the apartments.
Similar developments by Assettrust Housing are (please click link below)
Pan-Peninsular
City Quarter