Loampit Road
£182,500 for a 50% share
Property description
Unique upside down maisonette with a large garden and a covered patio
Property address
Loampit Road, Erith, DA8 1FL
2 
2 Shared Ownership
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 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 March 2025.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £365,000 |
|---|---|
| Minimum Share Percentage | 50% |
| Minimum Share Value | £182,500 |
| Monthly Service Charge | £111 |
| Minimum Deposit | £18,250 |
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.
Parking
- Allocated parking
Outside space
- Patio
- Private Garden