The Volt

1 - 2 bedroom homes in Brixton Hill, Lambeth, Lambeth, SW2 1EG

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £143,750 for 25% share
Full price from £575,000
Min deposit from £14,375
Monthly rent from £988
Service charge from £206
Bedrooms 1-2
Bathrooms 1 - 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Check your elgibility to be contacted about a viewing!

Last remaining 2 bedroom apartment available.

The Volt is a new development of 14 Shared Ownership homes situated in the heart of Brixton.

These one and two bedroom apartments will put you right into the buzz of Brixton Road while also giving you easy access to relax in St Matthew’s Gardens or Windrush Square.

*Terms and conditions apply, contact our team for details. Rent free on remaining unpurchased share when purchasing with Shared Ownership. Service charges still apply. Rent free for 6 months. Saving value is based on the rent of flat 1 (plot 105) at £998 per month when purchasing a minimum of 25% share. Non-refundable reservation fee of £500 must be paid on the day 12/10/2019. Sale must exchange within 28 days and complete before/on 20/12/2019 for offer to be honoured. Offer may be removed or changed at any time.

Local area information

The Volt is a 4 minute walk away from Brixton Underground station (Zone 2) at the start of the Victoria Line going Northbound, giving you access to Oxford Circus in 12 minutes.

  •  Brixton Underground (0.3 miles)
  •  Brixton train station (0.3 miles)
  •  Clapham North Underground (0.9 miles)
Status Plot No. Floor Beds Min share price Eligibility
Available 105 First 2 £147,500 View details
Reserved 102 First 1 £106,250 View details
Reserved 103 First 1 £108,750 View details
Reserved 202 Second 1 £178,000 View details
Reserved 312 Third 1 £120,000 View details
Reserved 109 First 2 £146,250 View details
Reserved 212 Second 2 £153,750 View details
Reserved 212 Second 2 £153,750 View details
View More

FAQ's

Min share price from: £147,500 for a 25% share
Full price from: £590,000
Minimum deposit from: £14,375
Bedrooms: 2
Bathrooms: 2

There is only one available priced at £147,500 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.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Check eligibility

Check your eligibility against the cheapest plot at this development. Alternatively, qualify yourself against your preferred plot listed on the ‘Availability’ table.

The Volt

1 - 2 bedroom homes in Brixton Hill, Lambeth, Lambeth, SW2 1EG

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £143,750 for 25% share
Full price from £575,000
Min deposit from £14,375
Monthly rent from £988
Service charge from £206
Bedrooms 1-2
Bathrooms 1 - 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes