For many first time buyers, homeownership is about having a place to truly call their own. After years of renting, flat sharing or living with family, a one-bedroom apartment offers the perfect balance of independence, comfort and affordability. At Argenta in Silvertown, Guinness Homes is offering a collection of one bedroom Shared Ownership apartments, giving buyers the opportunity to own a contemporary East London home – often for less each month than renting privately in the area.
While buying a home in London may feel out of reach, Shared Ownership continues to provide an affordable route onto the property ladder. The average rent for a one-bedroom property in Newham now stands at £1,626 per month.* By comparison, a one-bedroom Shared Ownership apartment at Argenta could cost an estimated £1,306.85 per month, based on purchasing a 25% share – around £319 less each month than privately renting, or more than £3,800 over the course of a year.
Hellyn Fairbrother, London and South East Regional Sales Manager at Guinness Homes, comments:
“For many buyers, a one bedroom apartment offers exactly what they’re looking for – a home that’s easy to maintain, thoughtfully designed and completely their own. Shared Ownership provides an affordable way to stop renting and start investing in your future, while still enjoying a high-quality home in one of East London’s most exciting emerging neighbourhoods.”
For those flying solo, a one-bedroom home offers something many renters spend years longing for: privacy. No more coordinating with housemates, competing for fridge space or wondering when the next rent increase might arrive. Instead, buyers have the freedom to decorate as they choose, entertain friends, work from home comfortably and create a space that reflects their own lifestyle.
One bedroom homes are also proving increasingly popular with couples, offering all the space needed for modern living without paying for rooms that may rarely be used. With lower running costs, less maintenance and thoughtfully designed layouts, they’re a practical choice that doesn’t compromise on style.
Offering a stylish collection of one and two bedroom Shared Ownership apartments, homes at Argenta have been thoughtfully designed with everyday living in mind. Each apartment features contemporary interiors, modern finishes and fully integrated kitchens, while private balconies provide outdoor space to enjoy throughout the year. Residents also benefit from access to a beautifully landscaped communal garden complete with raised planting beds, offering opportunities to grow fruit, vegetables and flowers while getting to know neighbours.
Everyday convenience has also been carefully considered. An on-site Co-op is opening soon, meaning daily essentials will be just moments from home, while a growing range of cafés, restaurants and independent businesses are already bringing new life to the surrounding neighbourhood.
Argenta is the first collection of homes to launch within the landmark Silvertown regeneration – a transformative 27-acre masterplan delivered by The Silvertown Partnership that will ultimately create thousands of new homes, alongside proposed commercial space, leisure facilities, cafés and bars, a revitalised waterfront featuring public parks and potential open swimming facilities. For buyers, it presents a rare opportunity to become part of an emerging neighbourhood at the very beginning of its story.
Situated on the banks of the Royal Docks, residents can already enjoy weekends exploring Thames Barrier Park, waterfront walks and water sports at nearby Royal Victoria Dock, while benefiting from excellent transport connections across the capital. Pontoon Dock DLR station is just moments away, placing residents one stop from Canning Town for the Jubilee and Elizabeth lines, with direct connections to Canary Wharf and the City. Custom House station also provides fast Elizabeth Line services into central London and Heathrow Airport, while the recently opened Silvertown Tunnel has significantly improved cross-river journeys to Greenwich Peninsula and the O2. London City Airport is also within easy walking distance.
Silvertown, London, E16
Want to find out more about homes at Argenta? Guinness Homes is hosting an informative webinar on Wednesday 9th September followed by an exclusive open weekend at Argenta on Saturday 12th and Sunday 13th September. Spaces are FREE but booking is essential: https://bit.ly/3UmBein.
Prices start from £97,500 for a 25% share of a one bedroom apartment (full market value £390,000) and £126,250 for a 25% share of a two bedroom apartment (full market value £505,000).
To find out more about Argenta and register interest, visit: https://www.guinnesshomes.co.uk/developments/silvertown/shared-ownership-in-newham/
First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.
