Erith Baths

2 bedroom homes in Erith High Street, Erith, Bexley, DA8 1QY

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £73,125 for 25% share
Full price from £292,500
Min deposit from £7,400
Monthly rent from £503
Service charge from £225
Bedrooms 2
Bathrooms 1
Pets Yes

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

LAST 2 BEDROOM HOMES REMAINING AND READY TO  MOVE INTO NOW IN A UNIQUE RIVERFRONT LOCATION!

Now with a minimum 25% share price, your deposit required is even lower than before.

Only a few homes remain with prices starting from just £73,125 for a 25% share. 

These homes boast river views and are available through Shared Ownership.  Don’t miss out on your opportunity to live at this sought after development, located just moments from Erith Station. 

A home at Erith Baths offers the best of both rural and urban living, surrounded by the peaceful green of the Kent countryside and within easy reach of the appealing historic resorts of the Kent coast. What's more, the bustling delights of Central London are within easy reach.

These homes deliver everything you need for contemporary living with thoughtfully designed kitchens with fully integrated appliances, a built-in sliding wardrobe to the master bedroom, a spacious open plan living area and a private balcony.

 

Local area information

Erith Baths is a commuter's paradise, located just a 3 minute walk to Erith Station. Here you will enjoy Zone 6 access to the centre of town, reaching Cannon street (Circle or District Lines) or London Bridge (Northern Line and Jubilee Lines) underground stations in under 40 minutes.* Once Crossrail opens at nearby Abbey Wood station it will provide a fast connection to London Heathrow Airport.

For those interested in health and fitness, you can explore the impressive Sports and Leisure Centre with a well-equipped gym, athletics track and tennis courts. Other local amenities comprise of Erith Town Football Club and golf course, with sailing and rowing on the river.

With its redevelopment, Erith has matured into a cafe and restaurant culture, offering a choice of popular pubs, bars and restaurants. You can also take a stroll to Erith's own retail arcade-Erith Riverside, offering a range of useful shops and supermarkets.

*Travel times taken from TFL.gov.uk 

Status Plot No. Floor Beds Min share price Eligibility
Reserved 37 Gala Court Fourth 2 £73,125 View details
Reserved 29 Gala Court Second 2 £73,750 View details

FAQ's

Prices are not available yet for Erith Baths but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for Erith Baths but you can register your interest to be notified when prices become available.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

Yes, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Erith Baths

2 bedroom homes in Erith High Street, Erith, Bexley, DA8 1QY

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £73,125 for 25% share
Full price from £292,500
Min deposit from £7,400
Monthly rent from £503
Service charge from £225
Bedrooms 2
Bathrooms 1
Pets Yes

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes