Insignia Place

1 - 4 bedroom homes in Wellington Street, Woolwich, Greenwich, SE18 6PW

Tenure Shared ownership
What is Shared ownership?
Availability Available
Min share price from £92,500 for 25% share
Full price from £370,000
Min deposit from £4,625
Monthly rent from £672
Service charge from £83
Bedrooms 1-4
Bathrooms 1 - 2
Pets No

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Start 2020 in your new home.  Reserve before Christmas and we will treat you to your first 3 months’ rent, saving you up to £2,953*.

Call 0800 073 0600 to book your viewing

Set within the thriving community of Woolwich, Insignia Place is a stunning collection of one, two, and three-bedroom apartments and three and four-bedroom duplexes, with 16 available now through Shared Ownership.

Perfectly situated with high-specification finishes, luxurious light-filled rooms and amazing balcony views, these spacious apartments will be sure to take your breath away.

Explore all Woolwich has to offer, take a walk along the river or indulge your shopping bug at the nearby ICON in North Greenwich. Your new home is just a short walk away from Woolwich Arsenal National Rail and DLR station, so they’re ideally placed for commuting too.

 

*Offer is to pay the rental portion only of your monthly costs of a new home purchased with Shared Ownership, based on a maximum of a 75% share. To qualify reservations must be made before 15th December 2019 and sales completion before the end of February 2020. The offer is capped at a maximum of £2953.50. The figure quoted is based on the purchase of plot G01 at Insignia Place with the monthly rent payable of £984.50. Incentives are for new sales only and will be issued upon completion of your new home.

Local area information

At Insignia Place you’re certain to be well catered for.

Local amenities like medical centres and gyms are all within easy reach, as are a variety of supermarkets and shops. You’re also sure to find something special in the eclectic markets at Beresford Square and the Royal Arsenal Farmers Market

Commuting from Insignia Place couldn’t be easier - the Woolwich Arsenal and Woolwich Dockyard stations link you directly to the heart of London, TfL administers reliable local bus services, and the free ferry service will take you across the Thames and back in no time.

The neighbourhoods around Insignia Place offer so much to see and do – explore the glorious open spaces of Greenwich and the historic back streets of Blackheath, or sample a wealth of cuisines in Woolwich, everything from Italian to Eritrean!

Whether you choose to stay local or journey further afield, we’re sure you’ll love your new home at Insignia Place.

Status Plot No. Floor Beds Min share price Eligibility
Available 101 First 1 £97,763 View details
Available 106 First 1 £99,081 View details
Available UG02 Upper Ground 1 £99,081 View details
Available G07 Ground 2 £143,913 View details
Available 107 First 2 £144,666 View details
Available 206 Second 2 £144,666 View details
Available 204 Second 2 £144,855 View details
Available 102 First 2 £144,855 View details
Available 105 First 2 £145,043 View details
Available UG01 Upper Ground 1 £145,797 View details
Available 201 Second 3 £158,982 View details
Available G05 Ground 3 £166,706 View details
Available G03 Upper Ground 3 £211,160 View details
Available G02 Ground/First 3 £216,811 View details
Available G01 Ground/First 4 £240,734 View details
View More

FAQ's

Min share price from: £97,763 for a 25% share
Full price from: £391,052
Minimum deposit from: £4,625
Monthly rent from: £672
Bedrooms: 1
Bathrooms: 1

There are 15 available ranging from £97,763 for a 25% share to £240,734 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Insignia Place

1 - 4 bedroom homes in Wellington Street, Woolwich, Greenwich, SE18 6PW

Tenure Shared ownership
What is Shared ownership?
Availability Available
Min share price from £92,500 for 25% share
Full price from £370,000
Min deposit from £4,625
Monthly rent from £672
Service charge from £83
Bedrooms 1-4
Bathrooms 1 - 2
Pets No

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes