Insignia Place

Plot 1.07/C.02. - 2 bed apartment - Type B

Wellington Street, London, SE18 6QB

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  • Upper floor flat
  • 2 bedrooms

Price from

£121,250* with shared ownership

Insignia Place kitchen

Modern and bright

This second floor last remaining home has lots to offer! The open plan living space complete with a modern kitchen fitted with integrated appliances is a perfect space for relaxing or entertaining and is bright and airy thanks to floor-to-ceiling windows which flood the apartment with light' You can access the spacious private balcony from here, a great place to sit and watch the world pass you by.

The modern bathroom is fully tiled and there is a roomy storage room to keep clutter out of sight. Both double sized bedrooms are fully carpeted and have floor-to-ceiling windows , the master comes with a mirrored fitted wardrobe. This home is ready to move into right away.

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Key features

  • High quality specification home
  • Versatile open plan living spaces
  • Fitted kitchen with integrated appliances
  • Premium floor package included
  • Private balcony 
  • Fitted wardrobes to master bedroom
  • Easy transport connections in an idyllic setting 
  • 7 minutes’ walk to Woolwich DLR and mainline station
  • Great location at the heart of Woolwich, range of amenities nearby 
  • Available through shared ownership
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Floor plans

Insignia Place - Two bedroom apartment - Type B

Type B

Living Room
4.5m x 2.8m
14ft 9″ x 9ft 2″
Dining Room
3m x 2m
9ft 10″ x 6ft 7″
Kitchen
3m x 2.4m
9ft 10″ x 7ft 10″
Master bedroom
5.8m x 2.8m
19ft x 9ft 2″
Bedroom 2
4.5m x 3m
14ft 9″ x 9ft 10″
Bathroom
2.2m x 2m
7ft 3″ x 6ft 7″
Total floor area
79.3m2
853.6sq. ft.
Living Room
4.5m x 2.8m
14ft 9″ x 9ft 2″
Dining Room
3m x 2m
9ft 10″ x 6ft 7″
Kitchen
3m x 2.4m
9ft 10″ x 7ft 10″
Master bedroom
5.8m x 2.8m
19ft x 9ft 2″
Bedroom 2
4.5m x 3m
14ft 9″ x 9ft 10″
Bathroom
2.2m x 2m
7ft 3″ x 6ft 7″
Total floor area
79.3m2
853.6sq. ft.

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Shared Ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Further information can be found in our Shared ownership article.

Do I Qualify?

You qualify for shared ownership if you:

  • Have a household income of under £90,000

  • Don’t currently own your home and can’t afford to on the open market

  • Can afford the minimum deposit

  • Pass an affordability check to make sure you can get a mortgage

* The full market value of this home is £485,000 but, with shared ownership, you could purchase an initial 25% share for just £121,250 and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £6,063.

See how much your monthly payments could be...

With shared ownership plans, your share can only be between 25% - 75%.

%
25%75%
£
£
£
£

Years

Your estimated monthly payments could be...

£1,762

Est. mortgage charge

£641

Rental cost

£834

Service charge

£287

Register interest

These prices are based on a 25 year mortgage term with a 4% mortgage interest rate. This is the same criteria which we use in our adverts. Your actual mortgage offer may be a bit different. As a guide you would be looking at around £641 a month for your mortgage repayment and £834 for your rent. This gives you a monthly cost of around £1,762. The figures are estimates and should be used for guidance only. There may be other costs you need to consider such as estate management fees, ground rent, service charges etc.

This calculator is provided for guidance only; Persona Homes does not offer mortgage advice. You will need to take advice from a suitably qualified adviser before applying for and agreeing to a mortgage. Your home may be repossessed if you do not keep up repayments on your mortgage. If you like what you see, contact us today so we can see if we can help you make your homeownership dreams a reality.

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