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151 Stockwell Road (Ref: 1204)

Shared ownership

London SW9 9FX, London, SW9 9FX

For sale
Shared ownership
Photo of 151 Stockwell Road (Ref: 1204)
Live from space album cover

from

£113,750

with min. deposit

£5,688

25% Share from
£113,750
Full market price
£455,000
Minimum deposit
£5,688
Monthly rent
£806
Monthly service charge
£222.28

1 bedroom flat

If you are looking to move in 2023, have you considered a resales property? This energy efficient, designer apartment could be a smart choice. This one-bedroom in Brixton is on the market available for a 25% share for £113,750.

The second floor, 52.4 sq m property comprises of an open plan reception, fully integrated kitchen, a spacious double bedroom, and contemporary bathroom.

If you are looking for a contemporary lifestyle this is the perfect place for you. Situated in South London, at the start of the Victoria Line this is the destination for spur-of-the-moment exploring, culture, music and good vibes.

Kitchen

• Designer fitted kitchen

• …

Features

Balcony

Double Glazing

Lift access

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area52.4
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years123

from

£113,750

with min. deposit

£5,688

25% Share from
£113,750
Full market price
£455,000
Minimum deposit
£5,688
Monthly rent
£806
Monthly service charge
£222.28
Network Homes

Network Homes

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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