2 bedroom apartment for sale
The Quarry, Erith - 240, DA8 1FH
Share percentage 25%, full price £345,000, £8,625 Min Deposit.
Share percentage 25%, full price £345,000, £8,625 Min Deposit.
Monthly Cost: £1,259
Rent £593,
Service charge £221,
Mortgage £445*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Winner of Best Large Development at the First Time Buyer Buyer awards 2022
Description
Winner of Best Large Development at the First Time Buyer Buyer awards 2022
Plot 240
2 bedroom apartment offering 72.17 sq.m of internal floor area plus private outdoor space, with allocated parking and electric car charging point included.
Full Market Value: £345,000
Shared Value (25%): £86,250
Minimum deposit: £8,625
Required income: £50,000
Register your interest to book a viewing
Buy your new home in Erith, Bexley
The Quarry is a truly impressive eco-development breathing new life into the disused Erith Quarry site, which has been neglected for over 30 years. The scheme is being transformed into a collection of 1, 2, 3 and 4 bedroom homes, released across several phases. The development will include a new open space, a new primary school, community facilities, and will retain ecological areas complementing the existing landscape.
With sustainability at its heart, this innovatively designed development will bring to market high quality. As well as educational & community spaces which encourage nature and build on the ecology of the site. Located just 30 minutes by train from Central London and easily accessible via the Elizabeth line from Abbey Wood and Woolwich stations.
The Quarry is a joint venture between L&Q and The Anderson Group. Founded by Mark Anderson in 1987, The Anderson Group has built an enviable reputation over the past 30 years, through their work in taking lost land and creating new communities. Their expertise and capability as a construction company enables them to make informed proposals, and their structure as a private business means they can make decisions with confidence. This means that every client gets the high quality service that they deserve.
Key Features
- A development rich in green spaces
- Parking available for each home with electric car charging point
- 30 minute commute into Central London
- Contemporary interiors with integrated appliances
- Outdoor space available to every home
- Brand new Lime Wood Primary School opened in September 2023
- On-site Sainsbury's Local coming soon
Register your interest today!
Key Features
- Allocated residents parking and electric car charging points
- Central London accessible in 35 minutes from Abbey Wood Station via the Elizabeth Line
- Private balcony to every apartment
- Erith Leisure Centre just 15 minute walk away
- Brand new Lime Wood Primary School opened in September 2023
- Future village green for local residents & nature reserve on site
- 20% of homes' energy is generate by solar panels
- On-site Sainsbury's coming soon
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure BrochureVideo Tour
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £345,000, £8,625 Min Deposit. Calculated using a representative rate of 4.80%
