£112,000
2 bed flat for saleErith High Street, Erith DA8
2 beds
1 bath
1 reception
- Shared ownership
- Pets allowed
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Good transport links
Long lease term
Allocated Parking
Communal heating
Private Balcony
Shared ownership
Full Market Value: £320,000
Share Value (35%): £112,000
Monthly Rent: £629.46
Service Charge: £254.90
Council Tax Band: C
250 year lease commenced September 2019 - 244 years remaining
EWS1 available for this property - B1 Rating
Make this home your own, enjoy a £500 B&Q Voucher on completion*.
Enter this well presented apartment via a large entrance hall, offering the possiblility of a home office area. The generous open plan living area opens onto a full width south west facing private terrace. The modern kitchen features integrated appliances. There are two double bedrooms, the master boasting river views and benefitting from both a fitted wardrobe and a walk in store. A contemporary family bathroom complete the accommodation.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Located in the Erith Riverside development this modern apartment would make an ideal first time buy. A great location within walking distance of Erith Station, Town Centre, Erith sports/leisure centre and the Thames path. Easy access to the Elizabeth line with connections to central London and London Heathrow airport.
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 £54,348. If you are offered the home, 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 July 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.
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More information
Tenure
Leasehold (244 years)
Service charge
£255 per month
Council tax band
C
Ground rent
£100
Ground rent date of next review