1 bedroom apartment for sale
Loughborough Park, Brixton, SW9 8QR
Share percentage 25%, full price £435,000, £5,438 Min Deposit.
Share percentage 25%, full price £435,000, £5,438 Min Deposit.
Monthly Cost: £1,412
Rent £748,
Service charge £122,
Mortgage £542*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
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Summary
1 bedroom first floor apartment with balcony
Description
Discover Electric Quarter
Set right in the middle of south London, Brixton has become its beating cultural heart. A go-to for everyone from foodies and clubbers to artists and rockers. The sense of community runs deep. Living at Electric Quarter you’ll not only have the buzz of Brixton laid out below. You’ll have the rest of London within easy reach thanks to great travel connections.
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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 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.
Share percentage 25%, full price £435,000, £5,438 Min Deposit. Calculated using a representative rate of 3.94%
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