Summary - Banyan Court, Regalia Close, London, E16 E16 2TW
2 bed 2 bath Apartment
Large apartment with dual balconies and strong transport links for first-time buyers.
25% shared ownership — affordable first step onto the ladder
This 25% shared-ownership, two-bedroom apartment in Banyan Court at Royal Wharf is a practical first step onto the London property ladder. At about 904 sq ft the flat feels generous for the price band, with dual balconies, open-plan living and two double bedrooms ideal for a couple or small family.
Residents benefit from strong on-site facilities: a gym, 25m pool, 24-hour concierge, secure bike storage and landscaped communal spaces. Transport links are excellent — Pontoon Dock DLR and Royal Wharf Pier are moments away, with Canary Wharf, City Airport and the Elizabeth Line within easy reach.
Be aware this is a leasehold shared-ownership sale: you buy 25% of the property and pay a service charge of around £4,800 per year (above average). Heating is provided via a community scheme and council tax band is not provided. The lease has approximately 113 years remaining.
Overall, the apartment suits a first-time buyer seeking affordability without sacrificing size, transport access or on-site amenities. It offers immediate liveability with potential to staircase to higher ownership share later, but factor ongoing service charges and communal heating into running costs.
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