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)

Pavilion Mansions - Second Floor, 2 bed homes


Brighton Terrace, London, Lambeth, SW9 8DG

Shared ownership

Starting prices

60% share from
£285,000
Full price
£475,000
Minimum deposit
£28,500
Monthly rent
£335
Monthly service charge
£131

Overview

The property located on the second floor comprises:

  • Entrance: Hallway with entry phone system, storage cupboard and access to loft leading to…
  • Living Room (4.9m x 3.0m): Spacious lounge with grey, woolmix carpeted flooring
  • Kitchen (3.0m x 1.7m): White base and wall units with white worktop and tiled splashback. Free standing oven, hob and extractor fan. Space for fridge freezer and washer dryer. Linoleum flooring.
  • Bedroom 1 (4.8m x 2.7m): Double bedroom. Grey carpeted flooring.
  • Bedroom 2 (3.7m x 2.6m): Double bedroom. Grey carpeted flooring.
  • Bathroom (1.9m x 1.7m): White suite comprising panelled bath with shower over, WC and hand washbasin. Full height tiling around the bath. Linoleum flooring.
  • Outside: Parking: allocated space for one car. Communal Garden.

Local area information

Pavilion Mansions property is a two bedroom second floor apartment within a block of flats built around 1993. It benefits from off road parking and communal garden. The lease remaining on the property is 163 years.

There are good transport links with Brixton underground station 0.1miles away, served by Victoria Line, and linking to Green Park in 10 minutes.

Local amenities are located 0.1 miles away along Brixton Road, and for leisure and enjoyment, Brixton Market with a wealth of shops, restaurants and bars is a short walk away.

  • Nearest station: Brixton Station (Zone 2) served by the Victoria Line and National Rail
  • Bus routes nearby: 2, 35, 45, 196, 250, 333, 432, N2 & P4 from Brixton.

 


Housing Provider

Peabody
Shared ownership

Starting prices

60% share from
£285,000
Full price
£475,000
Minimum deposit
£28,500
Monthly rent
£335
Monthly service charge
£131