Abbey Place

Overview

Abbey Place: Affordable London Living with Elizabeth Line on your doorstep.

Designed to be a forerunner for future residential development in the area, Abbey Place is a duo of contemporary 13 storey and 21 storey residential buildings. Created to evoke a sense of place, to compliment Abbey Wood's new Crossrail station and public realm.

How much will this cost?

You can buy shares as low as 25% at Abbey Place. Below is a breakdown of how much The Canary will cost at different values.

Full Market Cost: £420,000

25% Share - £105,000

Rent - £721.88

5% Deposit - £5,250

50% Share - £210,000

Rent - £481.25

5% Deposit - £10,500

75% Share - £315,000

Rent - £240.63

5% Deposit - £15,750

This striking design seeks to raise the quality of residential living, whilst maintaining environmental efficiency through passive design that provides natural ventilation throughout the building. Abbey Place delivers high-quality new residential

apartment living, whilst creating inviting public spaces for residents and visitors to Abbey Wood. Taking cues from local history, the new public landscape will ensure that these new homes will have the very best amenities, at the same time

helping to support growth of the area as place to live, work and relax.

WHAT IS SHARED OWNERSHIP?

Shared Ownership is a government-backed scheme that has been around for more than 35 years and has helped over 200,000 people buy a home.

WHY BUY SHARED OWNERSHIP?

Shared Ownership is the perfect way to get on to the housing ladder if your finances mean that your housing needs and your current situation don't quite match. Better still, it's usually cheaper than renting.

HOW DOES IT WORK?

With Shared Ownership you buy a percentage of the home's overall value.You can buy between a 25% and 75% share

to start with, and you must always buy the maximum you can afford. You pay rent on the share you don't buy. The rent increases annually, but is always subsidised and is worked out using a percentage of the value of the share you don't own.

If you're looking to buy with Shared Ownership you'll need a mortgage in the same way you would if you were buying

on the open market. Shared Ownership mortgages are available from most mortgage lenders, who will lend to you if

you have a 5% deposit or greater. This means that you could buy your dream home, in your dream area, without needing

a big deposit or big salary.

ARE YOU ELIGIBLE?

There are two things to think about when looking into Shared Ownership:

• You must earn less than £90,000.

• You must be a first-time buyer, or no

Longer have your name attached to a house (if you are selling your home at the moment, speak to your provider,

they will be able to advise you).

Key Features

Abbey Place has created a bold and sleek design statement with clean, contemporary lines; harnessing open space with natural light and texture and finished to an exacting standard throughout. Connecting residents to the neighbourhood are a range of communal terraces, green roofs, balconies, and the street colonnade. This is a constantly changing, dynamic way of living.

Kitchen

- Pronorm X-Line matt finish, handleless kitchen
- with soft close function
- Stainless steel sink with mixer tap
- 39mm laminate worktop with upstand
- Integrated Indesit fridge freezer
- Indesit ceramic hob
- Built-in Indesit electric oven and integrated microwave
- Recirculating extractor
- Integrated Indesit dishwasher
- Integrated Indesit washer dryer

Bathrooms
- Modern white sanitaryware
- Wall mounted WC with concealed dual flush cistern
- High quality chrome taps
- Chrome finish electric towel rails
- Doramics matte white mosaic wall tiles
- Alaplana Lecco grey 600x300mm floor tiles

General
- Khars Niagra vinyl click flooring
- Glide internet with wifi and hardwired sockets to most rooms
- Electronic video access control with fobs for residents and call buttons for visitors
- Underfloor heating with Heat Interface Units in utility cupboards
- Combined Heat & Power on site with heating/hot water system
- Low-energy LED lighting with strip LED lighting to bathroom and kitchen
- Chain operated roller blinds to all windows
- Secure parking with cycle store and racks

External

- Private external amenity via balconies, podium
- terraces and "Juliet" balconies
- Shared external gardens at 1st floor Podium Level
- Terrace and 21st floor Rooftop Terrace of the
- Eastern Building
- Public space at the East Building colonnade

Plot availability

Local area information

Greenwich

Abbey Wood is named after the ancient woodlands that surround the remains of Lesnes Abbey, founded in 1178. Lesnes Abbey Woods is a fabulous unique site with almost 220 acres of ancient woodland, a park and abbey ruins, welcoming visitors all year round with a range of events and a beautiful space for conferences, workshops and wedding receptions. With extensive regeneration to Abbey Wood and its
surrounding borough's, the area is rapidly developing, and is a safe, family-friendly neighbourhood with good schools for all ages.
The Cross Quarter Scheme is transforming the area and the London Borough of Bexley secured support from the Heritage Lottery Fund to make the wide range of open green spaces a literal breath of fresh air! Transport for London is delivering new infrastructures to help unlock Thamesmead's full potential. This includes the extension of the Docklands Light Railway to Thamesmead and the new Elizabeth
Line, with the striking new Crossrail station at Abbey Wood making connections to the area and into the city easier than ever before. The local area offers a wide range of independent café's, shops and businesses in Abbey Wood, whilst in nearby Thamesmead, Cannon Retail Park offers a wider range of shops and supermarkets.