Y ou dont have to be a property magnate to know that a good view adds a premium to a propertys price tag -- a mere glimpse of the thames can add a nought to the cost of a London flat. the ultimate example of this is prob- ably one Hyde Park, where apart- ments overlooking Hyde Park are going for a rumoured 84m. So you might assume that finding a flat that is affordable and looks out on to a London landmark -- such as the thames, Battersea Power Station or Canary Wharf -- is impossible. Well its not, thanks to a crop of new shared-ownership developments currently being built, where you buy a percentage of a property and rent the rest, buying more of the property when and if finances permit. these initiatives aimed at first-time buyers make prices for these enviable spots far more manageable. Below are our pick of the best five in the capital... CanaryWharf,PanPeninsula ReSidentS in this development can take in the Canary Wharf tower as they sip mojitos in the buildings cocktail bar. its a lavish development with a gym, pool, sauna, subsidised spa, restaurant, private cinema and land- scaped roof terrace. the Pan Peninsula is the tallest apartment block in London so the views from the roof terrace are panoramic. there are 27 units avail- able for shared ownership, with a 25 per cent share starting at 68,750. Assettrust, 0845 373 2424; assettrusthousing.com TheThames, Chelsea Bridge Wharf tHiS project has been built directly on the riverside and many of the 85 one- and two-bedroom flats that have been put up for sale through shared ownership enjoy sweeping views of the thames and beyond, including B i g B e n a nd t he H ou s e s o f Parliament, the London eye and even the 02. other bonuses of Chelsea Bridge Wharf include its close proximity to Battersea Park, with its 200 acres of green space, boating lake, sports facili- ties and zoo. it is also an easy walk to the shops and restaurants on Chelseas Sloane Street and Kings Road. Prices start from 75,000 for a 25 per cent share of the full market value of 300,000 for a one-bedroom apartment. Genesis Homes, 0800 883 0482; genesishomes.org.uk/ wandsworth per cent share of a one-bedroom apartment with a market value of 315,500. to be eligible buyers need a single minimum monthly income of 30,192, or a joint monthly income of 33,948. its handy for public trans- port, too, with Sloane Square tube less than half a mile away. A2Dominion, 0800 783 2159; a2dominion.co.uk/sales SouthBank,SalamancaTower JuSt off Albert embankment on the thames, this 17-storey tower offers one-bed- room and two- bedroom f lats with spectacular views over the South Bank. the tate Gallery, H o u s e s o f Parliament and London eye are all within easy reach. one-bed- room apartments start at 62,500 for a 25 per cent share, and two-bedroom flats at 91,250. Notting Hill Housing 020 8357 4444; nottinghillhousing.org.uk LondonEye,WharfsidePoint North tHiS docklands- based develop- ment has views of the river and Canary Wharf. there are 10 shared owner- ship flats each with a private balcony, and a communal roof terrace. Prices start at 60,000 for a 25 per cent share of a studio, or, 95,000 for a 25 p e r c e n t sh a re o f a d u ple x penthouse. Genesis Homes, 0800 883 0535; genesishomes.org.uk by jessie hewitson BatterseaPowerStation, WoodsHouse tHiS scheme lies on the opposite side of the thames from the iconic Battersea Power Station. it has 86 one-bedroom flats for sale through part-buy, part-rent schemes, a communal outdoor space and a car club. Prices start at 78,875 for a 25 A luxury view for less Flatsoverlookingthecapitalslandmarksdonthavetocosttheearth Stunning: you can have views over Canary Wharf from the Pan Peninsula development 30 Friday, 24 July 2009 London Lite Affordableproperty index.html2.html3.html4.html5.html6.html7.html8.html9.html10.html11.html12.html13.html14.html15.html16.html17.html18.html19.html20.html21.html22.html23.html24.html25.html26.html27.html28.html29.html30.html31.html32.html33.html34.html35.html36.html37.html38.html39.html