2 bedroom apartment for sale

Available

Parkspring Court, DA8 1GL

£67,500 · Shared Ownership Resale

Share percentage 25%, full price £270,000, £3,375 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Balcony/Terrace
Parking
£67,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £270,000, £3,375 Min Deposit.

Monthly Cost: £1,263
Rent £632, Service charge £255, Mortgage £376*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Lovely 2 bedroom apartment in centre of Erith with fantastic views!

Description

This lovely 2 bedroom 1st floor apartment available through shared ownership is located in the heart of Erith town centre, this apartment benefits from an allocated underground parking space and private balcony.

Total approximate floor space - 75 sqm

Term of lease 125 years from 2007

Rent & Service Charge Details -Charges shown are effective as of 1 April 2024 - March 2025.

Rent and Service charge reviewed each April.

Property Details

Communal Entrance - Stairs and lift to first floor and outdoor communal area.

Entrance Hall - Wooden entrance door. Video entry system. Two double storage cupboards and has the provision of two slatted shelves.

Lounge - Double glazed window to rear and double glazed door to balcony. The living room leads to small dining area and kitchen.

Dining Area - Small area off from the lounge.

Kitchen - Range of walnut style wall & base units with laminate worktop (granite effect). The kitchen comes with 4 ring gas hob, stainless steel cooker hood and single oven.

Bedroom 1 with en-suite - Double glazed windows and carpeted.

En-suite shower room - Fully tiled square shower cubicle, with wash hand basin & WC.

Bedroom 2 - Double glazed windows and carpeted.

Bathroom - Three piece white suite comprising: panelled bath with mixer tap & mixer shower over, pedestal wash hand basin & low level WC.

Balcony - Concrete slabbed flooring providing a private space.

Parking - One Allocated parking space

*Please note, an EWS1 form has been completed on the building with a B2 Status.*

Works are currently been undertaken for the remedial works. We expect works to be completed in July 2024.

Key Features
  • 1st floor Apartment
  • Laminate flooring in Entrance and Lounge
  • Ensuite off the main bedroom
  • Carpeting in Bedrooms and vinyl in Kitchen & Bathroom
  • Video Door Entry System
  • Private Large Balcony with fantastic views
  • Secure Underground Allocated Parking space
  • Located in the heart of Erith
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Key Information Document Brochure Brochure
Map
Erith (0.44 miles) Slade Green (0.83 miles) Barnehurst (1.38 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£67,500
Shared Ownership Resale
Estimated Monthly Cost:£1,263
Rent £632
Service Charge £255
Mortgage £376

Share percentage 25%, full price £270,000, £3,375 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.