Pheonix Height West
Share Percentage 25%, Full Price £530,000
Situated on the 16th floor of a modern development, this bright and spacious two-bedroom apartment boasts breathtaking panoramic views across London.
The open-plan living area flows seamlessly onto a larger-than-average private balcony, perfect for relaxing or entertaining.
Inside, there’s a generous double bedroom, a second smaller bedroom, and a modern bathroom suite.
This property is offered through shared ownership with a 25% starting share with the option to staircase or buy 100% full ownership of the property.
Currently, the monthly service charge is £240, covering hot water and heating included.
The current monthly rent is £950 based on 25% share ownership. Although there is no allocated parking, the development includes an underground car park with spaces available to rent.
Located in a short walking distance of Canary Wharf station with a vast choice of amenities and easy transport links with the Elizabeth line, DLR and Jubilee line.
Key features
- Panoramic views across London
- Underground car park- rent optional
- Modern bathroom suite
- Spacious main bedroom
- Walking distance of Canary Wharf station
Eligibility
- Household income must not exceed £80,000 (outside of London) or £90,000 (in London)
- Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)
- No cash buyers
- No pets
- Applicants must be able to afford their purchase, and sustain their housing costs
- Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners
- Applicants must be unable to purchase a property suitable to meet their needs on the open market
- Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis
Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.
Prices
- Shared Ownership price: £132,500 for 25% share
- Full market price: £530,000