2 bedroom apartment for sale
St. James's Crescent, Brixton, SW9 7BY
Share percentage 40%, full price £615,000, £12,300 Min Deposit.
Share percentage 40%, full price £615,000, £12,300 Min Deposit
Monthly Cost: £2,637
Rent £1,046,
Service charge £221,
Mortgage £1,370*
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 modern, bright two-bedroom apartment was 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 two large bedrooms. There is substantial storage space throughout the apartment, including two ample built-in cupboards in the hallway. This would be ideal for a small family, young professional or couple.
The flat is on the fourth floor of a newly built construction (circa 2018), allowing for incredible views into central London and sunrises over Canary Wharf. The balcony provides a nice suntrap in the summer months framed with this view.
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 £246,000 for 40% share based on the marketing figure of £615,000.
Monthly rent - £1045.62
Monthly Service Charge - £220.81
Total Monthly Charge - £1,266.43 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe 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 - B
Environmental impact band - B
Years remaining on lease: 117
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
- Excellent travel links
- Communal garden
- Available for 40% 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 40%, full price £615,000, £12,300 Min Deposit. Calculated using a representative rate of 5.03%
