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BRX - Shared Ownership

Shared ownership

Stockwell Road, Lambeth, SW9 9TP

For salenew home
Shared ownership
Photo of BRX - Shared Ownership
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  • from

    £110,000

    1 bedroom

from

£112,500

with min. deposit

£5,625

Network Homes

£110,000

1 bedroom flat

Availability

For sale

Minimum share

25%

Full market price

£440,000

Deposit from

£5,500

Monthly rent

£756

Monthly service charge

£197.22

Bedrooms

1

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Number of floors

1

Entrance floor

1st floor

Tenure

leasehold

Property features

BalconyDouble GlazingLift accessUnderground parking

Overview

An exclusive collection of one bedroom Shared Ownership apartments are now available at BRX. 

Contemporary designs, high-spec interiors, private balconies to each apartment and communal gardens that burst to life, plus the cosmopolitan must-haves of cycle storage and allocated underground parking for stress-free commuting and spur-of-the-moment exploring. 

The homes at BRX have been carefully designed by multi-award winning PRP Architects and Network Homes with high specification appliances, contemporary fixtures and fittings. Modern touches, warm tones, carefully curated materials provide the perfect space for living. BRX will become a …

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.

from

£112,500

with min. deposit

£5,625

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