Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

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Parkspring Court, 2 bed homes


Parkspring Court, Bexley, Bexley, DA8 1GL

Shared ownership

Starting prices

45% share from
£112,500
Full price
£250,000
Minimum deposit
£11,250
Monthly rent
£322
Monthly service charge
£118

Overview

45% Shared ownership property. Located in the heart of Erith town centre, this apartment ready to move in to with the benefits of a balcony & far reaching views.

Rooms

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

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

Lounge - 5.13m x 3.03m increasing to 3.91m at entry point - Double glazed window to rear and double glazed door to balcony. The living room leads to small dining area.

Dining Area - 1.74m x 2.51m - This leads to the kitchen.

Kitchen - 2.42m x 2.83m - 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 - 2.70m x 4.80m reducing to 3.43 due to ensuite - Double glazed windows and carpeted.

Ensuite shower room - 1.71m x 1.70m - Fully tiled square shower cubicle, with wash hand basin & wc.

Bedroom 2 - 2.64m x 4.12m - Double glazed windows and carpeted.

Bathroom - 2.45m x 1.72m - 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 13.3m of private space.

Total approximate floor space - 67sqm

Key Features

Parking - One Allocated parking space

Video Door Entry System

Secure Underground Parking 

Private Large Balcony

Laminate flooring in Entrance and Lounge

Carpeting in Bedrooms and vinyl in Kitchen & Bathroom

*Please note, an EWS1 form has been completed on the property. A B2 status has been given and it has been identified to Hexagon that remedial and interim measures are required. The works required are being undertaken by Hexagon Housing who are covering the whole cost. Leaseholders will not be charged for the remediation works required by the EWS1.


Local area information

Erith station is approximately half a mile away - 10 minute walk!

Bus services are located in the immediate vicinity.

Up and coming crossrail link by the end of the year located at Abbeywood.


Housing Provider

Hexagon
Shared ownership

Starting prices

45% share from
£112,500
Full price
£250,000
Minimum deposit
£11,250
Monthly rent
£322
Monthly service charge
£118