1 bedroom apartment for sale
Stockwell Road, SW9 9FX
Share percentage 25%, full price £480,000, £12,000 Min Deposit.
Share percentage 25%, full price £480,000, £12,000 Min Deposit.
Monthly Cost: £1,803
Rent £930,
Service charge £264,
Mortgage £609*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You may be eligible for this property if: You have a gross household income of no more than £90,000 per annum. You are unable to purchase a suitable home to meet your housing needs on the open market. You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
A stylish one-bedroom Shared Ownership apartment is available for resale.
Description
If you’re looking to get started on your property journey, this could be the apartment for you! A stylish one-bedroom Shared Ownership apartment is available for resale for £120,000 and for a 25% share. This property comprises a one-bedroom apartment purpose built on the seventh floor, a smart and stylish one-bed invites you to live in Brixton.
Nestled in Brixton and Stockwell, this apartment boasts a prime location that seamlessly integrates the vibrancy of the surrounding areas with the convenience of being just moments away from central London.
AREA
Its central placement serves as a gateway to every corner ensuring easy transport to areas in London. The development is a nine-minute walk to Brixton underground, which serves the Victoria line. Enjoy the advantage of 24-hour bus services that facilitates swift journeys to destinations such as the city, Canary Wharf, Stratford Westfield, and the dazzling West End.
Brixton has a lot of different tastes and desires for everyone to enjoy. From the charm of Brixton Village and the allure of Brixton Market to The Rec and the cinematic charm of The Ritzy, every indulgence is within reach. The park life beckons from just beyond your threshold, with the verdant expanse of Max Roach green space right close by.
Key Features
A generous balcony space.
Access to communal gardens.
Modern bathroom.
Underground parking.
AEG washer/dryer.
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £480,000, £12,000 Min Deposit. Calculated using a representative rate of 4.64%
