2 bedroom apartment for sale
Arborfield Close, Brixton, SW2 3NX
Share percentage 50%, full price £340,000, £8,500 Min Deposit.
Share percentage 50%, full price £340,000, £8,500 Min Deposit
Monthly Cost: £1,499
Rent £411,
Service charge £164,
Mortgage £924*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Brixton, London
Description
This bright, modern, two-bedroom apartment is now available in South-West London (Brixton) through Shared Ownership.
The property on the ground floor comprises an entrance hall with storage cupboards, a living room with a modern open-plan kitchen, two bedrooms, and a bathroom.
Outside, there is allocated off-street parking and a shared garden area, great neighbours with community care and love.
Available for £170,000 for 50% share based on the marketing figure of £340,000.
Monthly rent - £411.33
Monthly Service Charge - £164.01
Total Monthly Charge - £575.34 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationLiving in Brixton is a wonderful experience. This property is located on a quiet street in a friendly neighbourhood, making it a pleasant place to call home.
The nearby parks offer green spaces where families can enjoy picnics or play outside. There are also shops and cafes within walking distance, which makes it easy to grab groceries or a cup of coffee. Public transport is accessible, with buses and trains connecting to the rest of London, making commuting to work or exploring the city convenient. The houses in the area are cosy and well-kept, creating a nice atmosphere. While living here, you can enjoy the mix of city life and community charm.
Overall, Brixton is a great place for those who want to live in London while enjoying a peaceful environment with all the necessary amenities nearby.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 961
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- Two bed apartment
- Modern kitchen
- Off-street parking
- Excellent travel links
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 50%, full price £340,000, £8,500 Min Deposit. Calculated using a representative rate of 4.78%
