Hyde New Homes scheme is located in North Woolwich opposite the Woolwich Ferry and offers easy access to amenities on both sides of the river
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what’s this?
This is Stories Wharf by Hyde New Homes, located overlooking the Thames in North Woolwich.
The development offers a collection of properties available to buyers on a shared ownership basis.
With construction work now complete, buyers can move straight into them.
tell me more
Studios, one, two and three-bedroom apartments are all available at the scheme.
Buyers can purchase an initial share of 25% or more of a home, then pay rent on the rest. They are free then to increase that share until they own 100% of the property.
One of the advantages of this scheme is that for those taking out a mortgage on the share they purchase, deposits are much smaller than those required to buy a property outright.
When combined, mortgage payments, rent and service charge on a shared ownership home typically come to less than it would cost to rent an equivalent property in the same area.
what’s the area like?
Royal Docks is undergoing a period of regeneration that, even by the standards of east London, is profound.
Billions of pounds of investment are pouring into the area with flourishing communities emerging alongside more established neighbourhoods.
That means more housing, amenities and facilities locally, including plans to relocate Billingsgate and Smithfield fish and meat markets to Royal Albert Island and a scheme to give the waters of Royal Victoria Dock a significant facelift, both recently announced.
The area is already home to City Hall.
With exhibition and conference centre Excel London newly extended and extensive plans for further commercial regeneration, prospective buyers can look forward to moving into a part of London that’s set for at least a decade of improvement and attention.
why Stories Wharf?
Hyde’s scheme is itself an attractive proposition.
Apartments come with fully fitted kitchens, integrated appliances, tiled bathrooms, a private balcony or terrace and built-in storage.
Communal facilities include a garden, a children’s play area and a rooftop terrace.
The scheme benefits from its own solar panels, designed to power public areas as well as secure cycle storage and the option for buyers to purchase parking spaces on selected properties.
what’s the transport like?
Stories Wharf is in a very singular position in the capital.
It’s close to King George V DLR, putting it one stop from both London City Airport and Woolwich Arsenal (a short walk from the Elizabeth Line station).
But in addition to those links to international travel and rapid transport across the capital – Canary Wharf is eight minutes from Woolwich – Hyde’s development has a location few residential schemes can match.
Its proximity to the northern end of the Woolwich Foot Tunnel and the northern dock of the Woolwich Ferry mean it also benefits from unrivalled free access across the Thames on foot or by vehicle.
It’s also well served by buses.
and the local area?
The scheme is located within easy walking distance of Royal Victoria Gardens with the wider area offering a growing blend of cultural attractions at the likes of Immerse LDN and Silverworks Island.
The docks themselves offer a range of watersports including open water swimming, wakeboarding and an invigorating dockside sauna facility.
Further afield, the development is within easy reach of Woolwich, Canary Wharf, Stratford and the City all offering a succession of attractions.
key details: Stories Wharf
Studios, one, two and three-bedroom apartments are now available to move into at Hyde New Homes’ Stories Wharf scheme in North Woolwich.
Properties are available on a shared ownership basis with prices starting at £74,000 for a 25% share of a studio based on a full market value of £296,000.
Find out more about the development here
Read more: Discover Georgian food and wine at Sad Meli in Royal Docks
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