2 bedroom apartment for sale
6 Barrington Road, Brixton, SW9 7DP
Share percentage 50%, full price £550,000, £13,750 Min Deposit.
Share percentage 50%, full price £550,000, £13,750 Min Deposit
Monthly Cost: £2,586
Rent £828,
Service charge £226,
Mortgage £1,532*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Brixton, London
Description
A third floor large two-bedroom apartment is now available in Brixton through Shared Ownership.
The property has a large double bedroom, bathroom, kitchen and lounge with ample storage in each room, including a separate cupboard for the washing machine.
The property also has a glass balcony, and access to the well-maintained communal garden is also available.
Available for £275,000 for 50% share based on the marketing figure of £550,000.
Monthly rent - £827.55
Monthly Service Charge - £225.89
Total Monthly Charge - £1,053.44 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationBrixton Village and POP Brixton are a 5 minute walk away. There are numerous bars, shops and restaurants in the area. Herne Hill is also a 15 minute walk away and there is a weekly farmers market here.
Transport Links (Bus, rail and roads) Brixton Tube (Victoria Line) is an 8 minute walk away with Loughborough Junction Overground also an 8 minute walk away (takes you to Blackfriars in approximately 7 minutes). The bus stop is a 3 minute walk away and routes are available for all areas of London.
EPC ratingEnergy rating band - B
Environmental impact band - A
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
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 £550,000, £13,750 Min Deposit. Calculated using a representative rate of 5.03%
