£210,000 /Sale price

Modern, bright & eco-sustainable one-bedroom apartment now available in Brixton, South London, through Shared Ownership.The property comprises a wide living room with a private balcony, an open-plan fitted kitchen, and a large bedroom. There is substantial storage space throughout the apartment, including two large built-in cupboards in the hallway. This would be ideal for a small family, young professional or couple.The flat is on the first floor of a newly built construction (circa 2018).The building has a lovely community of residents to match its well-kept shared gardens and a massive locked communal bike store for apartment owners.Available for £210,000 for 50% share based on the marketing figure of £420,000.Monthly rent - £711.64Monthly Service Charge - £208.13Total Monthly Charge - £919.77 plus mortgage required for 50% share.An annual rent increase takes place every AprilLocationThe property sits in a fantastic location near the town centre of Brixton, with excellent travel links and all local amenities within walking distance.The Brixton underground station (Victoria Line) is just a few minutes away, and the railway station also allows for fast travel to Victoria Station and outside of London.EPC ratingEnergy rating band - BEnvironmental impact band - AOther informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider's website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.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.