Shared Ownership Apartments Launch In Brixton
Posted 17 October 2022 by
Keith OsborneNotting Hill Genesis is bringing new homes for first-time buyers to Brixton with a boutique collection of Shared Ownership one- and two-bedroom modern, open-plan apartments, launching this month.
With just nine homes available, NINE Brixton will offer a limited-time opportunity for buyers to secure a new home in an eclectic neighbourhood located in Zone 2 with fast links into central London.
Prices for the one-bedroom apartments at NINE Brixton start from £107,500 for a 25% share (full market value £430,000), and for two-bedroom apartments, from £155,000 for a 25% share (full market value £620,000). They are fitted to a high specification and come with sought-after features for first-time buyers including integrated appliances, and touches of luxury throughout such as underfloor heating and stone kitchen worktops. Residents at NINE Brixton also benefit from the convenience of a Logistics Parcel Box, allowing for the delivery of packages when residents aren’t at home.
Shared Ownership offers aspiring buyers the opportunity to purchase a share of the home’s value, between 25% and 75%, and pay subsidised rent on the remaining share. This share can then be increased over time and, with a lower deposit required, the scheme allows buyers to own a new property in one of the capital’s most popular districts with a lower level of savings if they were to purchase the same home outright.
Residents can enjoy the vibrancy of Brixton, including a vast range of live music, vintage shopping, and celebrated bars and eateries on their doorstep, For those seeking green open space, Brockwell Park is a nine-minute walk from the development. One of London’s award-wining parks, residents can enjoy meadows, a walled flower garden and large network of trails, as well as playgrounds, sports pitches, and open-air swimming at Brockwell Lido. The development’s location – just a nine-minute walk from Brixton Underground station – puts central London within reach in just 15 minutes.
Lauren Nicholson, head of marketing and digital at Notting Hill Genesis, said: “Brixton is an area that prides itself on community, and we’re excited to add to that with our new collection of Shared Ownership homes at NINE. The high specification of apartments, fast transport connections and excellent local amenities make the development ideal for young professionals and families currently renting locally, and looking for somewhere to make home.”
Find out more at www.nhggroup.org.uk
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