Strata Road
£343,000 for a 70% share
Property description
Our Winter Offer: A £1,000 Ikea voucher on completion*. Allocated parking space, en-suite to master, roof terrace, long lease.
Property address
Strata Road, Erith, DA8 1FL
3 
2 Shared Ownership
Shared Ownership
Full Market Value: £490,000
Share Value (70%): £343,000
Monthly Rent: £396.80
Service Charge: £ 107.67
Council Tax Band: D
999-year lease commenced October 2018 - 993 years remaining
EWS1 -N/A House
For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this property*
L&Q welcomes you to view this three-bedroom house.
This three storey, three bedroom house consists of a bright and airy kitchen diner, flooded with natural light from large floor length doors. The kitchen is fitted with white wall and base units, complete with a wood effect worktop. Also benefitting from integrated appliances including a fridge freezer, oven, electric hob, extractor fan and dishwasher. Three spacious main double bedrooms. The main bedroom benefitting from en-suite with shower, built-in storage cupboards and terrace to both front and rear of the property. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Allocated parking space.
Located a short walk away from Erith Station and a 10-minute car ride from Abbey Wood station provides great connectivity to the City and London Heathrow Airport. Abbey Wood Station boasts the efficient Elizabeth Line getting into London Liverpool Street in just 18 minutes. Local shops and amenities are close by, further afield you have Bluewater Shopping Centre, just a 20 minute drive away.
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 £83,720 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 December 2024.
*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, 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. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.
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 | £490,000 |
|---|---|
| Minimum Share Percentage | 70% |
| Minimum Share Value | £343,000 |
| Monthly Service Charge | £108 |
| Minimum Deposit | £34,300 |
The Quarry is not only an impressive Eco Development breathing new life into DA8, but is also winner of "Best Large Development Awards 2022".
The Quarry boasts easy access to Erith Train Station (2 stops from Abbey Wood Station for access to the Elizabeth Line), bus routes and local shops; along with a future village green, nature reserve and a brand new state-of-the-art primary school.
Parking
- Allocated parking
Outside space
- Back Garden
- Terrace
Others
- Balcony