For sale

Tonic@Bankhouse

Tonic Housing

Vauxhall is well-known as one of London's historic LGBT+ areas, and it remains just as vibrant to this day. The iconic Royal Vauxhall Tavern, and Above The Stag theatre are just moments away, so you can enjoy a stand-up or drag show any day of the week. Just across the river you can pop into Tate Britain for a quiet afternoon wandering around the galleries, or head up to Newport Street Gallery if you're after something a bit more contemporary.You're not short of green space either, with Vauxhall Pleasure Gardens, Pedlar's Park, Vauxhall Park and Old Paradise Gardens all within a short distance too. For groceries and amenities, you'll find a Tesco Express on your doorstep, and a Sainsbury's, a Waitrose, and a Chemist all within 0.6 miles of your front door.As well as two bus stops directly opposite Bankhouse that service 3 major routes, Vauxhall station is less than a 10 minute walk away and serves as a major transport interchange, with the bus station, National Rail and London Underground all in one place. Whether it's popping to Soho via the Victoria Line, or taking a day trip to Brighton from Vauxhall Station, you'll never be short of places to explore.

London

Lambeth

Tonic@Bankhouse is our very first retirement community, and we're thrilled that you're interested in moving in.We don't say ‘community-led' lightly. You'll be at the very heart of what we do and we'll be there to facilitate the events and activities that you want to see, or just to have a cup of tea with. We were established in 2014 to address the need for specific housing and support provision for older LGBT+ people, as it did not exist in the UK - until now!While providing high-quality accommodation is important for us, our main purpose is creating safe, social spaces where you can have fun, be yourself and have access to appropriate services.Bankhouse is a retirement community for people aged 55 and over, comprising 84 affordable apartments over 14 floors, located on Albert Embankment in the iconic area of Vauxhall, Lambeth.One Housing manages all the rented apartments and provides the personal care and support services on-site. We'll be working closely with them to bring our unique LGBT+ affirming support and activities to Bankhouse. Tonic has purchased 19 apartments on floors 11-14, with 125 year leases. We are now offering these for sale on a Shared Ownership basis.Tonic@Bankhouse has both 1 &amp; 2 bedroom apartments. Most have balconies with either views of the River Thames or city views. All apartments have a spacious open-plan kitchen, dining and living room and underfloor heating and are fully accessible from street level.Please note that in addition to the service charge, a monthly management fee is payable. This is initially: One bed = £321.88 per month and Two bed = £386.36 per month. The fee will increase annually on 1st April by the Consumer Price Index. The fee is payable only for the first 15 years of residence. Up to 72% of the management fee can be deferred for 15 years as an option at the time of purchase.Amenities on-site include a spa room, bike storage, a launderette, and an overnight guest suite for visitors. All areas of the building are fully accessible to wheelchair users.

1 - 2 bedroom homes for Shared ownership in Lambeth. Check your eligibility or Register your interest to be notified for upcoming open days at Tonic@Bankhouse, 20 Albert Embankment, London, SE1 7FY.

Shared ownership

Tonic is a community-led not for profit organisation. We are focused on creating vibrant and inclusive urban LGBT+ affirming retirement communities (55 and over) where people can share common experiences, find mutual support and enjoy their later life.

Tonic@Bankhouse is the UK's first LGBT+ affirming retirement community, now providing a range of 1 and 2 bedroom apartments on Albert Embankment in the heart of Vauxhall, Lambeth. 
https://www.tonicatbankhouse.org/

Kitchen• ALNO fitted kitchen with Silstone worktop and upstands• Stainless steel sink with chrome level monobloc mixer tap• Integrated stainless steel single electric oven, ceramic hob and concealed cooker hood• Integrated fridge freezer and slimline dishwasherShower Room• Walk-in wet room• Grohe shower fittings• White sanitary ware with chrome taps• Level access shower with thermostatic control• Illuminated mirror with separate shaver socket• Heated chrome towel rail• Ceramic wall and floor tilesElectrical• Downlighters to all rooms• TV/satellite point to living room, TV point to bedroom(s)• Telephone point to living room and bedroom(s)Safety and security• Emergency alarm call point to living room, bedroom(s) and shower room• Smoke and heat detectors• Video door entry system• Multi-height spy holes to apartment entrance doorGeneral• Underfloor heating• Karndean oak effect flooring to living/dining room and kitchen• Fitted carpets to bedroom(s) and hallway

	£133,750 1 bedroom flat	£135,000 1 bedroom flat	£136,250 1 bedroom flat	£138,750 1 bedroom flat	£193,750 2 bedroom flat
Availability	For sale	For sale	For sale	For sale	For sale
Minimum share	25%	25%	25%	25%	25%
Full market price	£535,000	£540,000	£545,000	£555,000	£775,000
Deposit from	£13,375	£13,500	£13,625	£13,875	£19,375
Monthly rent	£611.91	£617.63	£623.34	£634.78	£886.41
Monthly service charge	£286.95	£286.95	£286.95	£286.95	£286.95
Annual ground rent	£0	£0	£0	£0	£0
Reservation fee	£500	£500	£500	£500	£500
Administration fee	£0	£0	£0	£0	£0

Bedrooms	1	1	1	1	2
Bathrooms	1	1	1	1	1
Reception rooms	1	1	1	1	1
Furniture status	unfurnished	unfurnished	unfurnished	unfurnished	unfurnished
Floor area	55.52	55.52	55.52	55.52	70.59
Number of floors	1	1	1	1	1
Entrance floor	Higher than 9th floor	Higher than 9th floor	Higher than 9th floor	Higher than 9th floor	Higher than 9th floor
Tenure	leasehold	leasehold	leasehold	leasehold	leasehold
Lease years	125	125	125	125	125
Property features	Central heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace	Central heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace	Central heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace	Central heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace	BalconyCentral heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace

Tonic@Bankhouse

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