Park East
in Kent

Flats
from £‍272 500
Price / ft2
from £‍504
Address
Boundary Street, Erith, DA8 2PP

Property Prices and Floor Plans for Park East

Prices and availability are up to date as of 2 March 2022
1BR
541 ft2
from £‍504 / ft2from £‍272 500

Park East on the map of Kent

Boundary Street, Erith, DA8 2PP

More about houses

6 more houses in this queue
6 more houses
Boundary Street, Erith, DA8 2PP (Centaur Court - Block 1)
7 floors
For sale
Unknown
Unknown
For sale

Mortgage in Park East

Shared Ownership

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

Standard eligibility criteria for Shared Ownership

  • Be at least 18 years old.
  • Annual household income must be less than £90,000 (In London).
  • Annual household income must be less than £80,000 (Outside of London).
  • Not allowed to own another home. If you already own another property (in the UK or abroad), you must be in the process of selling it.
  • Not able to afford to buy a suitable home on the open market.
  • Able to demonstrate that you are not in mortgage or rent arrears.
  • Able to demonstrate a good credit history and show that you are able to afford the regular payments and costs involved in buying a home.
  • Have savings or be able to access at least £4,000 to cover the costs of buying a home. (This is a guideline figure, the actual amount may vary.)

Please note: Eligibility criteria may vary per housing association and therefore you should always check the exact criteria with the developer or housing association responsible for the exploitation of the project.

 

Help to Buy

Help to Buy is a government-backed scheme that aims to help first-time buyers onto the property market  with an equity loan (also known as shared equity) of up to 40% of the value of a new build home. 

  • Requires only 5% deposit
  • Only a 55% mortgage required
  • 40% Government equity loan (interest free for the first 5 years)
  • Available on new build homes up with a value of up to £600,000

Eligibilty Criteria 

Requirements:

  • Minimum age of 18 years.
  • Must be first-time buyer.

Not allowed:

  • Owning a home or land anywhere in the world at any time.
  • To have had any form of sharia mortgage finance.
  • Owning a home bought with other people or inherited.
  • Being married or in a co-habiting relationship, either now or on legal completion with anyone who owns or has owned a home or land anywhere in the world.
  • Purchasing a second home

There are certain price limits on homes you can purchase with an equity loan. The limit varies for each region in England.

RegionFull property price limit
East£407,400
East Midlands£261,900
London£600,000
North East£186,100
North West£224,400
South East£437,000
South West£349,000
West Midlands£255,600
Yorkshire and The Humber£228,100

*Terms and conditions apply

Mortgage

We checked the information and the developer's representatives confirmed that units in this residential complex can be purchased by using a mortgage.

Investment Purchase unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying
Part Exchange unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying

Property Details

About the house

🟧 TenureLeasehold
🟧 Height ClassificationMid-rise
🟧 Quality ClassificationHigh-end
🟧 Number of floors4–7
🟧 Number of units141
🟧 Security & SafetyVideo entrance phone
🟧 ParkingAvailable
🟧 AmenitiesLandscaped urban gardens
🟧 Number of buildings5
🟧 Off-plan propertyYes
🟧 Property TypeApartments
🟧 ConciergeNo
🟧 GymNo
🟧 Kid’s FacilitiesPlay areas
🟧 Swimming PoolNo
🟧 Warranty10 year NHBC warranty
🟧 Bicycle StorageYes
🟧 LiftYes

About the units

🟧 GeneralWasher/Dryer to entrance hall cupboard
🟧 EnsuiteEn suite to master bedroom
🟧 Electricity & LightingPendant lighting
🟧 DoorsSteel apartment block entrance door, Apartment entrance door spy hole, Apartment entrance door latch
🟧 BathroomPorcelanosa tiles to walls, Bristan Frenzy cool touch and flow regulator shower head, Aquafina shower screen, White bath and bath panel, Bristan Smile bath tap, WC with white seat and cistern, Hand basin and pedestal with Bristan valve club mixer tap, Recessed lighting
🟧 CommunicationsTV/AM DAB/SAT in living room, BT Outlet in living room and master bedroom
🟧 FloorPrivate Sale – Amtico flooring to bathrooms, en suites, hallway, kitchen/reception, Shared Ownership – vinyl flooring to bathrooms, en suites, hallway, kitchen/reception, Private Sale and Shared Ownership – carpet to bedrooms
🟧 KitchenFully fitted contemporary gloss kitchen, Laminated kitchen worktop and laminated upstands, Stainless steel 1.5 bowl sink, Bristan mono sink mixer tap, Recessed lighting, Integrated oven, hob, extractor fan, Fridge/Freezer, Dishwasher
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Which apartments are available for sale in Park East in Kent?

For sale in Park East are available 1br.

What is the minimum price of a property in Park East?

The minimum price at Park East is £‍272 500 for 1BR.

How to buy an apartment in Park East in Kent?

In this development you can buy apartments with a Shared Ownership, a Help to Buy, a Mortgage.

When will Park East be commissioned?

Centaur Court - Block 1, Centaur Court - Block 2, Centaur Court - Block 3, Prerona Court, Sherwin Court, Niagara Court, Ardwina Court – under construction.