2 bedroom apartment for sale

Available

St James's Crescent, Brixton, SW9 7BY

£142,500 · Shared Ownership Resale

Share percentage 25%, full price £570,000, £7,125 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£142,500 Shared Ownership Resale

Share percentage 25%, full price £570,000, £7,125 Min Deposit.

Monthly Cost: £2,291
Rent £1,276, Service charge £221, Mortgage £794*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Summary

A 2 bed shared ownership property available in Brixton, London

Description

This bright, modern, well decorated two bedroom apartment is now available in Brixton through Shared Ownership.

The property on the first floor comprises of an entrance hall, a spacious living room with a modern open plan kitchen, two double bedroom, and a bathroom.

Outside, there is a private balcony and terrace. Communal grounds and areas, and bike storage. Perfect for couples and small families.

Available for £142,500 for 25% share based on the marketing figure of £570,000.

Monthly rent - £1275.81
Monthly Service Charge - £220.81
Total Monthly Charge - £1,496.62 plus mortgage required for 25% share.

An annual rent increase takes place every April

Location

The 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 rating

Energy rating band - B
Environmental impact band - B

Lease information

Years remaining on lease: 118

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.

Key Features
  • Two bedroom apartment
  • Private balcony and terrace
  • Bike storage available
  • Excellent travel links
  • Available for 25% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Loughborough Junction (0.29 miles) Brixton (0.30 miles) Denmark Hill (0.79 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£142,500
Shared Ownership Resale
Estimated Monthly Cost:£2,291
Rent £1,276
Service Charge £221
Mortgage £794

Share percentage 25%, full price £570,000, £7,125 Min Deposit. Calculated using a representative rate of 5.03%


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.