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%.

The Volt


Brixton Hill, Lambeth, Lambeth, SW2 1EG

Shared ownership
1-2 bedroom homes
25% share from
£143,750
Full price
£575,000
Minimum deposit
£14,375
Monthly rent
£988
Monthly service charge
£206

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)

Plot availability

Plot number 105
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £147,500
Full market price £590,000

Kitchen

• Fully fitted kitchen by Commodore in Cashmere and Light Grey
• Laminate Worktop matt finish in Oxyd Grey
• Bosch stainless steel oven
• Bosch hob with touch control
• High stainless steel splashback behind the hob
• Bosch built in fridge freezer
• Bosch dishwasher
• Extractor
• Stainless steel inset sink with main bowl and small bowl

Bedrooms

• Fitted wardrobe in the master bedroom
• Luxury fitted carpet in Woodsmoke colour

Bathroom

• Vitra S20 wc with soft close seat
• Hansgrohe bath/shower mixer and shower head
• Hansgrohe Logis chrome paper roll holder
• Vitra Zentrum semi recessed basin
• Hansgrohe single mixer taps
• Hinged glass bath screen
• Chrome heated towel rail
• Stainless steel shaver socket
• White bathroom suite

En-suites {where provided}

• Hansgrohe bath/shower mixer and shower head
• White acrylic shower tray with anti bacteria surface
• Frame-less walk in easy access shower screen

Internal Finishes

• Oak laminate timber flooring in the living room, kitchen and hallway
• Full height ceramic wall tiles around bath area
• Floor tiles in Marento in the bathroom
• White painted walls and ceilings
• White painted internal doors

Electric

• USB sockets in the living room
• Stainless steel sockets in the kitchen
• Recessed LED down light matt white bezel in the living room and kitchen
• Recessed LED downlighter in the bathroom and en-suites
• Low energy pendant fitting only in bedrooms

General

• Washer/dryer in the storage cupboard
• Double glazed windows
• Balcony
• Wall mounted steel panel radiators
• Video entry handset
• Two lifts
• Security fobs
• High security stainless steel post boxes
• Sky+ & Virgin connectivity


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.

Housing Provider

Notting Hill Genesis
Shared ownership
1-2 bedroom homes
25% share from
£143,750
Full price
£575,000
Minimum deposit
£14,375
Monthly rent
£988
Monthly service charge
£206