Barrington Road

Available

Full price: £450,000 The full value of the property

Share value: 50% - £225,000

Estimated monthly cost*: £1,719

Estimated Monthly Mortgage*: £1,127

SO Resi Monthly Payment: £546.95 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £44.70 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.

** Residents of a development pay this for maintenance of communal/external areas


Years on lease: 123

Well located, bright, spacious one bedroom apartment in Brixton. Property benefits from floor to ceiling windows in the lounge, making it exceptionally bright and airy,with excellent views over London. Good-sized balcony as well as communal gardens to enjoy. It has a fitted kitchen and bathroom, near new appliances, a fitted wardrobe in the bedroom and two additional storage cupboards off the hall. Additionally, the building has off street bike storage and a lift. See the video tour below.

 - Minimum income requirement £71,147

 - Buy more shares for a minimum of 10%

- Income requirement reduces if a higher deposit's available

Location

The flat is superbly located for enjoying what London has to offer. Five minutes walk in one direction you have vibrant Brixton, with the numerous eateries and bars in Brixton Village, POP Brixton, Brixton recreation centre (gym, swimming pool, squash courts etc), and Brixton Ritzy cinema. For groceries there is a Sainsbury's and M&S and there are numerous other high street and local stores.

In the other direction is Loughborough Junction which has several great restaurants, a Tesco and a Co-op. There are excellent transport links; with Brixton overground a 6 minute walk, Brixton Tube 7 minutes, and Loughborough Junction station also 6 minutes away (which takes you into Blackfriars in around 8 minutes).

Description

Key Features

  • One bedroom
  • Beautiful views of London
  • Third floor
  • Balcony
  • Close to local shops and amenities
  • Available for 50% share

Full Description

A one bedroom apartment located in Brixton available through Shared Ownership Scheme. Available for £225,000 for 50% share based on the marketing figure of £450,000

Well located, bright, spacious one bedroom apartment in Brixton. Property benefits from floor to ceiling windows in the lounge, making it exceptionally bright and airy,with excellent views over London. Good-sized balcony as well as communal gardens to enjoy. It has a fitted kitchen and bathroom, near new appliances, a fitted wardrobe in the bedroom and two additional storage cupboards off the hall. Additionally, the building has off street bike storage and a lift.

SO Resi Monthly Payment - £546.95
Monthly Service Charge - £75.95
Total Monthly Charge - £622.90 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Hallway:

Private entrance hall
Storage cupboard
Utility cupboard with plumbing for washing machine

Kitchen:
2.41 x 2.61
Contemporary design
Open plan
Fitted kitchen
Washing machine, dishwasher, oven and hob

Reception:
Living room with open kitchen

Bathroom:
Bathroom with WC
Shower over bath
Heated towel rail

Bedroom 1:
3.33 x 4.00
Fitted wardrobe

External:
Private balcony off living room
Communal areas
No allocated parking

EPC Rating

Energy Rating Band - B
Environmental Impact Band - A

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

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