Housing affordability in the UK has increased at its fastest rate in eight years, according to Rightmove’s House Price Index for February. The new figures show the average price for a home in the UK has risen by 0.2% to £300,715 year on year, however the report also indicates that wages have risen by 3.4% over the same period, successfully overtaking house asking prices at the fastest rate since 2011. Bellway London is on hand to help home-buyers by offering paid stamp duty on every plot remaining, saving the buyer over £12,000 for a one-bedroom apartment. As well as Help to Buy, Bellway is striving to help buyers at its popular waterside development, The River Gardens, in Royal Greenwich.
The average London house price has decreased by 2.1% in the last year, so there is no time like the present to step onto the property ladder. The River Gardens is perfect for first-time buyers, with the impressive collection of homes which includes one, two and three-bedroom apartments, with selected plots offering Help to Buy. The River Gardens offers a high-quality specification, with spa-like bathroom suites, integrated appliances and balconies to admire the exceptional views all across London. Residents will also benefit from a private gym, a swimming pool and a 24-hour concierge service.
Emma Hamlett, Sales Director at Bellway Homes Thames Gateway, comments: “The River Gardens offers a perfect opportunity for first-time buyers. With a stunning riverside location, the luxury of a private resident’s gym and pool, and 24-hour concierge service; buyers will love their new London lifestyle. Our stamp duty offer will assist homebuyers to secure their dream home in this enviable location making it easier than ever for first time buyers to get on the property ladder. We encourage potential purchasers to register their interest immediately or risk missing out.”
A shopper’s haven, Greenwich offers an array of designer boutiques, specialist retailers and high street stores to enjoy, while Greenwich Market located just a mile away, is open every day and has up to 120 stalls with a selection of fresh produce, art and crafts and antiques. Greenwich enjoys an extensive historical past, with the Greenwich Royal Observatory, holding the oldest enclosed park in London, and the National Maritime Museum. For film fanatics, two cinemas are located nearby with Greenwich Picturehouse screening the newest blockbusters as well as timeless classics.
Ideal for commuters, Cutty Sark DLR station is a mile away from the development providing quick connections to Canary Wharf and the City. Mainline rail services operate from Greenwich station and the area is served by an extensive local bus network. Morning commutes can be made more enjoyable by using the regular boat services which run from Greenwich Pier.
Prices at The River Gardens start at £445,000 for a one-bedroom apartment to £740,000 for a three-bedroom apartment. For further information and to register your interest please call 0845 257 6065 or visit www.bellway.co.uk.