Share Price £135,000 (from 25% Min. Share)

Full Value £540,000 | £13,500 Min. Deposit

Scheme: Shared Ownership

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2 bedroom apartment in Lambeth

place Barrington Road , Brixton, SW9 7EB

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Phase 1 and 2 SOLD OUT. 81 MODERN one, two and three bedroom apartments. SHOW APARTMENTS NOW OPEN. BOOK YOUR VIEWING TODAY


Eligibility

You may be eligible for this property if:
  • You have a gross household income of no more than £80,000 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.

Description

Phase 1 and 2 SOLD OUT.

We are delighted to present 81 modern one, two and three bedroom apartments, in the heart of Brixton, available to buy through shared ownership - the affordable way to own. Southwest Nine is nestled in a quiet, residential corner of Brixton, and just a five minute walk from the famous O2 Academy and vibrant centre of Brixton. Metropolitan is revitalising the local area with their striking, new Southwest Nine apartments.

Southwest Nine is under a ten minute walk to Brixton tube station and offers a once-in-a-lifetime opportunity for first-time-buyer Lambeth residents (currently renting or living with family and friends) to buy their first home affordably.

The scheme is conveniently located to give residents all the benefits of living in a lively, up-and-coming area. Popular Brixton village is less than five minute walk, giving locals the opportunity to experience various cuisines, traditions and customs as well as buy fresh meat and poultry, fruit and vegetables, spices and fabrics. The Crown & Anchor, Trinity Arms and Craft Beer Co are just a few of the local pubs and bars where you can unwind.

A Sainsbury’s Local, M&S Food Hall, Tesco and Lidl are all easily accessible for weekly shops, while Morleys shopping centre offers anything else you might need. Ritzy Picture House and O2 Brixton Academy are cultural hubs with a vast variety of movies and gigs for you to enjoy. There’s also a Leisure Centre with a swimming pool in Brixton Village. Barclays and NatWest both have branches at your disposal near Brixton Underground Station.

New homes developed for Metropolitan’s home owners come with a level of specification designed to give the new home owner everything they need in order to make the move into home ownership smooth , including fitted appliances in the kitchens, fully fitted bathrooms, carpeting, storage space and a NHBC warranty.

* All prices are provisional and correct at the time of writing. 



Key Features

Southwest Nine is very well connected in terms of public transport. Brixton National Rail and Underground stations provide excellent access to central London, while Loughborough Junction runs trains to Sutton (via Wimbledon), Luton and St Albans.

To the south of Southwest Nine is an area of open space, Wyck Gardens which includes play-space, stables and a sand school. 


Download Documents

Link to the floor plan Property brochure 1

Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 135,000
Min. £135,000
Share percentage
Min. 25%
Your deposit
Min. £13,500
Monthly cost*
£1,665
Cost breakdown
£928
Rent
£136
Service charge
£601
Mortgage*
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.