Summary - 221 Banyan Court, 2, Regalia Close E16 2TW
1 bed 1 bath Apartment
Large open-plan one-bed with premium amenities and affordable Shared Ownership..
One-bedroom open-plan apartment — unusually spacious at ~720 sq ft
25% Shared Ownership — affordable entry, staircasing/resale considerations apply
Access to 20,000 sq ft gym, swimming pool and sauna on site
Concierge, on-site security and dedicated post/parcel room
Leasehold with 989 years remaining — long lease, low lease risk
Service charge ~£3,192pa and ground rent ~£400pa — factor into running costs
Community heating scheme — limited individual heating control
Low flood and crime risk; excellent mobile and fast broadband
Set within a modern riverside development, this one-bedroom apartment offers an affordable route into London via 25% Shared Ownership. The open-plan living and kitchen maximise usable space, and the generous bedroom provides a comfortable private retreat. Floor area of approximately 720 sq ft makes this unusually roomy for a one-bed apartment.
Residents benefit from substantial communal facilities — a 20,000 sq ft gym, swimming pool and sauna — plus concierge, on-site security and a parcel/post room for convenience. The property is in a low-crime, well-connected area suited to commuters and young families, with good local schools and fast broadband.
Important practical points: the property is leasehold with 989 years remaining, served by a community heating scheme (limited individual heating control), and carries annual costs of around £3,192 service charge and £400 ground rent. This is a shared-ownership purchase (25% share) and will require staircasing or resale decisions consistent with that tenure.
This apartment will suit a first-time buyer seeking space and lifestyle amenities without the price of a full purchase, or an investor looking for strong tenant demand in a well‑appointed development. Buyers seeking full independent control over heating or lower ongoing charges should note the community heating and service costs before proceeding.
1 bedroom apartment for sale in Banyan Court, Royal Wharf, E16 — £100,000 • 1 bed • 1 bath • 550 ft²
1 bedroom apartment for sale in Banyan Court, Royal Wharf, E16 — £375,000 • 1 bed • 1 bath • 720 ft²
2 bedroom apartment for sale in Regalia Close, London, E16 — £145,000 • 2 bed • 2 bath • 904 ft²
3 bedroom apartment for sale in Banyan Court, Royal Wharf, London, E16 — £162,500 • 3 bed • 2 bath • 995 ft²
2 bedroom apartment for sale in 4 Cunningham Avenue, London, E16 — £195,000 • 2 bed • 2 bath • 807 ft²
1 bedroom apartment for sale in Windlass House, 21 Schooner Road, E16 — £375,000 • 1 bed • 1 bath • 503 ft²
