Full Price £470,000 (with 40% Equity Loan)

Minimum deposit: £23,500

Scheme: London Help to Buy

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BRX - 1 bed apartment in Lambeth

place Stockwell Road, Brixton, SW9 9AU

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Help to Buy on selected apartments at BRX now launched!


Eligibility

The London Help to Buy scheme could help you realise the dream of owning your own home in the capital. When you put down as little as a 5% deposit on a newly built home, you can get a Government equity loan – for up to 40% of the purchase price.

London Help to Buy equity loans are available to first time buyers as well as homeowners looking to move. The home you want to buy must be newly built with a price tag of up to £600,000.

You won’t be able to sublet this home or enter a part exchange deal on your old home. You must not own any other property at the time you buy your new home with London Help to Buy.


Description

One bedroom apartment available to purchase through Help to Buy.

Network Homes are excited to be launching BRX in March 2019. A selection of one and two bedroom apartments will be available to purchase through Help to Buy.

The homes at BRX have been carefully designed by multi-award winning PRP Architects and Network Homes with high specification appliances, fixtures and fittings. Modern touches, warm tones, carefully curated materials and a balcony or terrace to each apartment provide the perfect space for living. Set within communal gardens and manicured walkways BRX will become a vibrant new community. On site cycle storage and underground parking that is available to purchase to provide sheer convenience for BRX residents.

Close to Brixton tube station, the start of the Victoria line is a gateway to more than just London. 9 minutes and you’re at London Victoria and the Gatwick Express. 13 minutes and you’re into the hustle-and-bustle of
Oxford Circus. Stay in your seat for 18 minutes and you’ll arrive at King’s Cross St. Pancras.


Key Features

KITCHEN:

• Integrated AEG fridge freezer, oven, microwave & dishwasher

• Stainless steel undermount sink with chrome, single lever tap

• AEG washer/dryer

• Integrated wine cooler

• Fitted kitchen with Earth Stone

Nordic worktops & platinum glass upstand in all kitchens.

MOCHA

• Blanco Norte 14 colour variation.

• Matt Rustic Oak upper kitchen units & Matt White lower kitchen units

LATTE

• Gris Expo colour variation.

• Matt cashmere kitchen units

CHAI

• Cemento Spa colour variation.

• Pure Matt White kitchen units

PENTHOUSES

• Fitted kitchen with Silestone Royal Reef worktops & upstand

• Matt Anthracite kitchen units

• BATHROOMS & EN SUITES:

• Roca Inspira range sanitary ware

• Ceramic wall & floor tiling

• Hansgrohe mixer tap & matching shower handset

• Thermostatically controlled shower over bath

• Heated chrome towel rail

• Shower screen or cubicle

• Mirror cabinet over washbasin

BEDROOMS:

• Karndean flooring throughout for the 1 beds only

• Carpet to all bedrooms for the 2 & 3 beds

• Wardrobes in master & second bedrooms

GENERAL:

• Double glazed windows

• Lifts to all floors

FINISHES:

• Karndean flooring to kitchen, living/ dining room & hallways

• Underfloor heating & heat meters

• White powder coated internal doors

• LED downlights throughout

• Brushed chrome ironmongery

HOME ENTERTAINMENT:

• Television point to living room & master bedroom

• Provision for satellite TV (Sky Q) & Virgin (subject to owners’ choice of subscription & package)

• Communal terrestrial aerial Sky Q HD dish, Hot Bird & digital TV antenna

• Hyperoptic Broadband

OUTSIDE AREA:

• Balcony or terrace to all apartments

• Landscaped areas

• Communal children’s play area

• Secure bicycle storage

SECURITY:

• Video entry phone system

• Smoke detectors & fire alarms

• Secure by Design

• 24-hour CCTV

• Lockable post boxes

GREEN CREDENTIAL:

• Heat recovery unit to save on energy

• Eco recycling bins

• Electric car charging points (for purchasers only)

Mocha- applicable to core C - Level 01 & core D levels 1, 4, 7, 10, 13 & 16

Latte- applicable to core C - Level 1 & 4 & core D levels 2, 5, 8, 11, 14 & 17

Chai-applicable to core C - Level 3 & 5 & core D levels 3, 6, 9, 12, 15 & 18


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Calculate Monthly Cost

Share price
£ 470,000
Min. £470,000
Equity loan
40%
Your deposit
Min. £23,500
Monthly cost*
£1,021
Cost breakdown
£0
Service charge
£1,021
Mortgage*
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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.