According to Rightmove, the majority of property sales in North London over the past year have been flats, with the average price standing at a whopping £559,308.
As a result of this, for many home-hunters, the prospect of buying in London simply isn’t a feasible option; however, with the help of the Shared Ownership scheme, the dream of putting down roots in the capital could be made possible.
Situated in Brixton – one of London’s most eclectic districts – BRX by Network Homes has a number of one-bedroom Shared Ownership apartments still available; perfect for buyers looking for a home that is as dynamic and upbeat as its location.
The Shared Ownership scheme gives buyers the opportunity to purchase a percentage of a home’s value – usually between 25% and 75% – while paying a subsidised rent on the remaining share. Buyers can then choose to purchase additional shares (up to 100%) on their property as and when they can afford to do so.
Lisa Ley, Head of Sales and Marketing at Network Homes comments: “The Shared Ownership Scheme can be hugely beneficial to buyers who are looking to take their first steps onto the property ladder but aren’t in the financial position to buy outright. The opportunity to live in London – one of the most expensive places to live in the UK – is a dream that many people are unable to fulfil. Using the Shared Ownership scheme gives them this chance, and the stylish collection of apartments at BRX are perfect for those looking to do so.”
Aside from its’ zestful location, the one-bedroom homes at BRX champion large, open plan kitchen/living/dining room layouts and an exceptional specification – creating the perfect hub for residents to relax after a long day. Properties here also boast well-proportioned main bathrooms, and expansive bedrooms with fitted wardrobes.
Designed with a top-tier specification, the gorgeous contemporary kitchens come with Earth Stone Nordic worktops and platinum glass upstands, integrated AEG appliances, and handy wine coolers. Bathrooms feature Roca Inspira range sanitary ware, Hansgrohe mixer taps and heated chrome towel rails. Finally, the fabulous outdoor areas include balconies to all homes, landscaped communal gardens, a children’s play area, and secure bike storage.
Frequently described as ‘daring and dynamic’, Brixton offers the best of everything. From daily leisure amenities to popular eateries, multicultural cuisine or the legendary nightlife scene – Brixton is alive and kicking; buzzing with soul. For day-time activities, there is Brixton Village market – offering a wide variety of food from around the world – or the verdant Brockwell Park, with 50 hectares of green space to stroll through. For after-hour pursuits, popular haunts include Brixton Jamm, or The Prince of Wales rooftop bar. Alternatively, the O2 Academy is just 3 minutes away.
Whether it is for business or pleasure, those travelling in and out of central London are well catered for; with Brixton tube station likewise located just 3 minutes from residents’ doorsteps – providing links to Stockwell, Southwark, Pimlico and Peckham within a matter of minutes. Alternatively, Clapham can be reached in as little as 10 minutes on foot.
Prices at BRX start at £120,000 for a 25% share of a one-bedroom apartment priced at £480,000. For more information, please visit www.networkhomesales.co.uk/BRX.