£182,500
2 bed maisonette for saleLoampit Road, Erith DA8
2 beds
2 baths
1 reception
- Shared ownership
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Allocated parking with electric car charging point
Underfloor heating by heat pump
30 minute commute into Central London
Private garden plus covered courtyard
Upside down living
Shared ownership
Full Market Value - £365,000
You Pay (50%) - £182,500
Monthly Rent - £506.85
Service Charge - £110.87
Annual Ground Rent - N/A
125 year lease commenced Octobr 2017 - 117 years remaining
Council Tax Band : C
Guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Enter this maisonette on the ground floor. An open plan living area including a contemporary kitchen with integrated appliances, opens onto a private decked garden with a large covered store. There is also a cloakroom at this level. Take a few steps downstairs to two double bedrooms, the master with ensuite shower and built-in storage, and a family bathroom. Both bedrooms open onto a private covered courtyard, which in turn gives access to the car park. This home also benefits from incredible storage options.
The Quarry is not only an impressive Eco Development breathing new life into DA8, but is also winner of "Best Large Development Awards 2022". As well as educational & community spaces which encourage nature and build on the ecology of the site, it is located just 30 minutes by train from Erith station to Central London and easily accessible via the Elizabeth line from Abbey Wood and Woolwich stations. There is a brand new Sainsbury's Local now open on-site and the new Limewood Primary School.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £57,882. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2025.
More information
Tenure
Leasehold (117 years)
Service charge
£111 per month
Council tax band
C
Ground rent
£125
Ground rent date of next review