1 bedroom apartment for sale
Key information
Features and description
- Tenure: Leasehold
- Close to Loughborough Junction and Brixton Stations
- Shared Ownership available
- Modern specification and design
- Zone 2 living
Discover Higgs Yard in the beating heart of SE24
Higgs Yard is nestled between the eclectic eateries and trendy hangouts of Brixton and the leafy open space of Herne Hill. The development conveniently has everything you need, right on your doorstep. Located in Zone 2, central London is less than half an hour away.
All apartments feature contemporary designs, with deluxe interiors and private balconies.
Why buy a home at Higgs Yard?
- Access to podium gardens and roof terraces
- Private balcony to all apartments
- Secure cycle storage
- Pet-friendly development
- High-specification interiors
- Integrated appliances
- Children's play area
Shared Ownership cost breakdown - 25% share
Full market value = ££472,500
Example 25% share price = £118,125
Estimated monthly rent = £812
Estimated monthly mortgage = £906
Estimated monthly service charge = £192
Financial information
Tenure: Leasehold
Length of lease: 999 years
Annual service charge amount: £2,304
Service charge review period: Annual
Council tax band: TBC
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
Disclaimer and T's and C's:
*The financial information provided is indicative of the costs for this property type at this development and is intended to be used as a guide only. Please seek advice from an Independent Financial Advisor for accurate financial information related to your specific circumstances.