1 bedroom, 1 bathroom Shared Ownership apartments with outdoor space at The Quarry, Erith.Prices start from £63,125 for a 25% share in a 1 bedroom apartment. Full market value from £252,500.What is Shared Ownership?Shared Ownership allows you to buy a home, in an affordable way, in the area you know and love. It allows you to buy a share of your home - between 25% and 75%, with as little as a 5% deposit. You pay a mortgage on the share you own and rent the remaining share at a subsidised rate. You can increase your share in your home and staircase up to a larger share, and eventually full ownership.The Quarry, ErithThe Quarry is a truly impressive eco-development set to breathe new life into the disused Erith Quarry site which has been neglected for the past 40 years, and will be transformed into a collection of new brand new homes. Located in Erith, The Quarry will become a commuter's paradise, located just over 30 minutes by train from central London and easily accessible via the Elizabeth line from Abbey Wood and Woolwich stations.The Quarry is a bold new vision for what urban living can look like. A one-of-a-kind urban village, where everything here has been designed around the things that make people happy and lives fulfilled. *Imagery depicts typical L&Q show home photography and specification may differ in our upcoming release. CGIs for illustrative purposes only. Floor plans depict typical 1 and 2 bedroom apartment layouts and are awaiting full sign off. Shared Ownership terms and conditions apply. Please visit lqhomes.com/sharedownership for more information.Register your interest today!
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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