Summary - Rainbow Road, Erith, Kent DA8 2EH
2 bed 2 bath Flat
Allocated parking, communal gardens and walkable Elizabeth Line access for easy commuting.
First-floor two-bedroom with en-suite bathroom
A compact, modern first-floor two-bedroom apartment offering practical retirement living close to transport links. The open-plan living/kitchen and en-suite main bedroom make efficient use of the 478 sq ft layout. Allocated parking directly outside and communal gardens add outdoor space without maintenance burdens.
This property is being marketed with eligibility for a Home for Life Lifetime Lease for over-60s. The guide Lifetime Lease price is £172,000 (based on an illustrative 33% saving), with the full market value at £260,000. The Lifetime Lease allows purchasers to buy up to a 50% share to safeguard capital; the actual price depends on age and personal circumstances. Lease details: 113 years remaining; tenure: leasehold.
Practical running costs and caveats are clear: an average service charge of £2,100 and ground rent around £380 apply. Broadband speeds are average and the wider area scores as deprived despite low crime and excellent mobile signal. The flat suits downsizers seeking a low-maintenance home near the Elizabeth Line, but those wanting more space or higher-spec finishes may find the size and standard limiting.
If you are under 60, this property can still be purchased at the full market price of £260,000 through the usual sales route. All lease, service charge and purchase terms should be verified by your solicitor before committing.
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