By 2021 the UK government will have invested £22 billion into the Help to Buy scheme, supporting up to 360,000 households into home ownership. With the recent announcement that a new Help to Buy scheme will run from April 2021[i], first-time buyers on the hunt for an affordable home in the desirable Isle of Dogs should consider L&Q’s New Union Wharf development. Situated in a prime riverside location, opposite the iconic O2 Arena. Available with the Government-backed London Help to Buy scheme, residents can enjoy a riverside home that offers striking views in one of London’s most enlivening districts.
Comprising a collection of one, two and three-bedroom apartments, New Union Wharf is situated in the heart of the Isle of Dogs, boasting a unique dockside location which contrasts the traditional East End with the urban creative scene forming in the area. Surrounded by spectacular views of the River Thames, residents will be able to relax and soak up the scenery in an unrivalled waterside location to call home.
Gavin Stewart, Director of Sales and Customer Services for L&Q’s East Region, comments: “With New Union Wharf situated in a prime location that offers so many striking views, many first-time buyers can be forgiven for believing that owning a home here is out of their reach. The London Help to Buy scheme makes purchasing a home in a highly desirable area that bit easier, as buyers can put down a 5% deposit, and are able to get further help with up to 40% of the purchase price from the Government. With this in mind, we are encouraging potential purchasers to snap up their own piece of riverside bliss as soon as possible, to avoid disappointment.”
Apartments at New Union Wharf have been stylishly designed with the modern-day purchaser in mind. From floor to ceiling windows that flood each apartment with an abundance of natural light, to open plan kitchen and living spaces ideal for entertaining guests, it ticks all the boxes. Each home offers spacious private outdoor space in the form of either a balcony, winter garden or terrace, in addition to the large communal green spaces for all residents to enjoy.
Such a distinctive position in the heart of the East End means that at New Union Wharf you are never too far away from the world-class amenities that London has to offer. Just across the river, residents can enjoy historic Greenwich with its plethora of cafes, shops, restaurants and culture, whilst taking in the breath-taking views at Royal Observatory. Music fans will also be well placed with the O2 Arena nearby, which is also host to a cinema and a diverse selection of bars and restaurants. For the ultimate shopping experience, Stratford Westfield City can be accessed on the DLR and is one of the largest urban shopping centres in Europe, providing over 350 stores. New Union Wharf also has unique access to the Thames Path, a five-mile pathway stretching from the Isle of Dogs, all the way to Tower Bridge.
Situated within Zone 2, and with three stations nearby to choose from, commuting residents are spoilt for choice. Canary Wharf is a 30-minute walk from the development and under 10 minutes via bicycle, while Crossharbour Station and South Quay on the DLR line are both an eight-minute walk away, with the latter connecting to Bank station in only 16 minutes and Liverpool Street in under 25 minutes. The Jubilee Line is just five minutes away by train from Canary Wharf station, and from here commuters are provided with further extensive links across London. Residents travelling to Europe and beyond for work and leisure are also well placed, with London City Airport less than four miles away from the development.
Prices start from £414,750 for a one-bedroom apartment and Help to Buy is available on a selection of properties. For more information, please visit newunionwharf.co.uk or call 0333 234 1167. The marketing suite at New Union Wharf is open Thursday through to Monday 10am-5pm and on Sundays 10am-4pm, viewings are by appointment only.