4 bedroom house for sale
Wharfside Close, DA8 1QR
Share percentage 65%, full price £400,000, £26,000 Min Deposit.
Share percentage 65%, full price £400,000, £26,000 Min Deposit
Monthly Cost: £1,811
Rent £448,
Service charge £73,
Mortgage £1,290*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Townhouse on the Thames Path. Make this home your own, enjoy a £500 B&Q Voucher on completion*.
Description
SHARED OWNERSHIP
Full Market Value: £400,000
Share Value (65%) : £260,000
Monthly Rent : £447.96
Service Charge: £72.89
Council Tax Band: D
189 year lease commenced March 2002 - 166 years remaining
L&Q welcomes you to view this four bedroom, mid terrace home
On the ground floor the main entrance door is alongside the garage and leads through a hallway with cloakroom/WC to an office/fourth bedroom and utility area, with a back door into a sheltered private garden. On the first floor, a large dual aspect L-shaped reception room has a full width balcony overlooking the River Thames and Erith Pier, the longest on London. The kitchen has a full range of wood fronted wall and base units and incorporates an integrated oven, hob and extractor and spaces forwhite goods. also find bedroom three at this level. On the top floor, the master bedroom, complete with fitted wardrobe, over looks the river. A second double bedroom, also with in-built storage, and a family bathroom complete the accommodation.
Located in the heart of Erith, residents can take advantage of the Zone 6 location only a short walk away from Erith Station. Trains here regularly run to London Cannon Street or London Bridge (a short 37 minute commute) or further out of London and into the Kent Countryside. Future plans for the Crossrail line will be accessible from Abbey Wood and Woolwich stations. The local bus routes also service the site, providing easy access to Woolwich, Erith and Bexleyheath town centre. Situated within the M25 and along the River Thames but yet outside the hustle and bustle of inner city London, close to nature and yet close to The City. The area has benefited from the Thames Gateway Regeneration Scheme and now offers a park and walkways besides the River Thames, the Riverside shopping centre, a new library and a large Morrison's supermarket. It is home to the largest leisure pier on the River Thames and has started hosting an exciting annual festival. The café and restaurant culture has really developed with good pubs, bars and restaurants on offer. For arts lovers there are well-respected theatres in Erith & Crayford, as well as a multiplex cinema in Bexleyheath.
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 £68,838. 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 www.lqhomes.com 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 May 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.
Key Features
- Long lease
- Private balcony with views of the River Thames
- Private garden
- Pets allowed
- Approx 0.5 miles away from Erith Train Station
- A short walk away from Erith shopping centre with lots of amenities
Particulars
Tenure: Leasehold
Lease Length: 166 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 65%, full price £400,000, £26,000 Min Deposit. Calculated using a representative rate of 4.42%