Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

BRX - Shared Ownership, 1 bed homes


Stockwell Road, Lambeth, Lambeth, SW9 9TP

Shared ownership

Starting prices

25% share from
£120,000
Full price
£480,000
Minimum deposit
£6,000
Monthly rent
£825
Monthly service charge
£198

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 vibrant new community. 

 


Local area information

This lively corner has everything for everyone. From Brixton village to Brixton market, the Rec to the Ritzy. The green panoramas of Brockwell Park and the concrete playground that is the skatepark. It’s home to legends and heroes. Levi Roots and David Bowie. It’s posh boutiques and unpolished streets. Unapologetically so. Wonderfully so. That’s what makes it so charming and disarming. It’s why the world gathers here to have a good party.

A short stroll to everything you need. The best bits of Brixton and Clapham. It takes less than 3 minutes to stroll from your BRX home to Brixton tube station. The start of the Victoria line. A gateway to more than just London. A 9 minute tube ride and you’re at London Victoria and the Gatwick Express. In 13 minutes you’re into the hustle-and-bustle of Oxford Circus. Stay in your seat for 18 and you’ll arrive at King’s Cross St. Pancras, destination global. Paris, Brussels, Lille, Lyon, Marseilles and Avignon. BRX has changed what connected means.


Plot availability

Plot number D1.2
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £120,000
Full market price £480,000
Monthly rent £825
Monthly service charge £198
Ownership Leasehold

KITCHEN:
• Integrated AEG fridge freezer, oven, microwave & dishwasher
• Stainless steel undermount sink with chrome, single lever tap
• AEG washer/dryer
• Integrated wine cooler
• Fitted kitchen with Earth Stone Nordic worktops & platinum glass upstand in all kitchens. Please note there could be a colour variation depending on the apartment.


• BATHROOMS & EN SUITES:
• Roca Inspira range sanitary ware
• Ceramic wall & floor tiling
• Hansgrohe mixer tap & matching shower handset
• Thermostatically controlled shower over bath
• Heated chrome towel rail
• Shower screen or cubicle
• Mirror cabinet over washbasin

BEDROOMS:
• Karndean flooring throughout for the 1 beds only
• Wardrobe in bedroom


GENERAL:
• Double glazed windows
• Lifts to all floors


FINISHES:
• Karndean flooring to kitchen, living/ dining room & hallways
• Underfloor heating & heat meters
• White powder coated internal doors
• LED downlights throughout
• Brushed chrome ironmongery


HOME ENTERTAINMENT:
• Television point to living room & master bedroom
• Provision for satellite TV (Sky Q) & Virgin (subject to owners’ choice of subscription & package)
• Communal terrestrial aerial Sky Q HD dish, Hot Bird & digital TV antenna
• Hyperoptic Broadband


OUTSIDE AREA:
• Balcony or terrace to all apartments
• Landscaped areas
• Communal children’s play area
• Secure bicycle storage
• Allocated car parking space


SECURITY:
• Video entry phone system
• Smoke detectors & fire alarms
• Secure by Design
• 24-hour CCTV
• Lockable post boxes


GREEN CREDENTIAL:
• Heat recovery unit to save on energy
• Eco recycling bins

Plot number D3.4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £121,250
Full market price £485,000
Monthly rent £834
Monthly service charge £196
Ownership Leasehold

KITCHEN:
• Integrated AEG fridge freezer, oven, microwave & dishwasher
• Stainless steel undermount sink with chrome, single lever tap
• AEG washer/dryer
• Integrated wine cooler
• Fitted kitchen with Earth Stone Nordic worktops & platinum glass upstand in all kitchens. Please note there could be a colour variation depending on the apartment.


• BATHROOMS & EN SUITES:
• Roca Inspira range sanitary ware
• Ceramic wall & floor tiling
• Hansgrohe mixer tap & matching shower handset
• Thermostatically controlled shower over bath
• Heated chrome towel rail
• Shower screen or cubicle
• Mirror cabinet over washbasin


BEDROOMS:
• Karndean flooring throughout for the 1 beds only
• Wardrobes in bedroom


GENERAL:
• Double glazed windows
• Lifts to all floors


FAQ's

Min share price from: £120,000 for a 25% share
Full price from: £480,000
Minimum deposit from: £6,000
Monthly rent from: £825
Bedrooms: 1
Bathrooms: 1

There are 2 available ranging from £120,000 for a 25% share to £121,250 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Network Homes
Shared ownership

Starting prices

25% share from
£120,000
Full price
£480,000
Minimum deposit
£6,000
Monthly rent
£825
Monthly service charge
£198