Living in a well connected new build by the riverside is what attracted brothers Arber and Balendi Hoxha to Drummond House, Royal Arsenal Riverside in Woolwich. This development is the Shared Ownership addition to the £1.5 billion mixed-use regeneration scheme making homes more affordable than ever.
The perfect commute
Drummond House is in an exceptional location for all its residents. Homeowners will be able to enjoy the luxury living environment with quick and easy access to the rest of London and surrounding areas, all at an achievable price tag. With the forthcoming interchange at Woolwich between Crossrail, the DLR and mainline suburban rail services it is located a stone throw away from a train into Central London.
A new community
24 year-old financial controller, Arber details the many advantages Woolwich has to offer, including the up and coming local improvements; “There are lots of amenities close by which was incredibly important to us. We are looking forward to visiting the Museum of Ammunition at Woolwich Arsenal and the new community areas within the larger development, which include a neighbouring cinema. There is also a nearby market with great food stalls, and a large Tesco’s within walking distance.”
Shared Ownership made easy
Arber reveals his joy in purchasing his first property; “We really appreciate the chance to own such a nice flat. Our experience has been wonderful thanks to our Notting Hill Sales representative who patiently took us through all the financial advice and mortgage tips we needed – including recommending the right percentage of ownership for our budget. I was originally quite confused about the Shared Ownership process, but they explained the process in a really straight-forward way. We are now buying all our furniture and look forward to staircasing to full ownership in the near future.”
We will help you every step of the way to make your experience as stress-free as possible.
How much does it all cost?
Prices for a one bedroom apartment at Drummond House start from £85,625 of a 25% share of the full market value of £342,500.