New research conducted by estate agent Strutt & Parker, indicates that Greenwich is one of the most affordable boroughs for those seeking their second home.
From young professionals, to couples and growing families, the Royal Borough of Greenwich continues to be one of the best value inner London boroughs for those looking for a two or three-bedroom home, making Barratt London’s riverfront development, Enderby Wharf, the perfect location to upsize your property.
A quarter of first time buyers are finding it harder to trade up, than they did to get on the property ladder.
“Most first time buyers in London breathe a huge sigh of relief at being able to afford to get on to the housing ladder, but the big price jump to the next step up unfortunately illustrates that many will remain in their first home for longer than they anticipate," says Rightmove director and housing market analyst, Miles Shipside.
Greenwich is London’s largest inner borough, so it naturally depends on which part of the diverse borough you’re buying in - three-bedroom apartments near Greenwich’s bustling town centre are almost £900,000, nearly double the price of similar properties in the up and coming areas of Plumstead and Woolwich. Enderby Wharf is the ideal middle ground, situated just a 12-minute* walk from Greenwich and offering great value for money. Two-bedroom apartments start from £600,000, with the option of using London’s Help to Buy scheme requiring only a 5% deposit – a scheme suitable for existing homeowners as well as first time buyers.
Barratt London is also the UK’s most recommended housebuilder - for the eighth year running 90% of our customers said they would recommend us to their friends or family, so you can have peace of mind when buying at Enderby Wharf that you are buying a quality home and you will receive an unbeatable customer service.
Our ten-year NHBC Buildmark warranty will also give you reassurance for the future, providing a ten-year structural warranty and a two-year fixtures and fittings warranty** as standard.
The development offers a variety of amenities to enjoy on-site, including landscaped gardens, a residents’ gym, proposed crèche facilities and 24-hour concierge to assist your daily needs. Our concierge is managed by our on-site property management company, BRAM. BRAM are committed to assisting you from the second you’ve moved into your new home, ensuring that all communal areas are well taken care of.
Read more about Greenwich and London’s top five most affordable boroughs for those looking to upsize here.
Prices and availability are correct as of 22.09.17.
*Travel times are approximate and calculated from Enderby Wharf: source google.co.uk/maps
^Based on HBF star rating scheme from 2010 to 2017, derived from the NHBC national new homes survey (at eight weeks) over 90% of Barratt Developments PLC group customers would recommend our brands to a friend.
**First two years covered by Builder Warranty & NHBC Guarantee or similar. Years three-ten covered by NHBC insurance or similar. Full exclusions and limitations can be found on the NHBC website. Available on virtually all of our developments.