Affordable 'Brixton mortar'
Family Mosaic is delighted to offer first time buyers an exclusive opportunity to live in the fashionable inner London district, Brixton. With a growing reputation as one of London’s most exciting urban areas, Brixton has become a magnet for cool and trendy young Londoners, pushing average rental prices to £1,000 a month for a one bedroom apartment.
At Millbrook Road Family Mosaic is offering a collection of part-buy part-rent apartments. Here, one bedroom apartments start from just £47,500 to purchase a 25% share of the property with rent to be paid on the remaining 75%. Based on this example, purchasers could therefore secure an apartment for just £615.73 a month, a significant improvement on rental prices in the area!
Millbrook Road is a refurbishment of terraced houses into a collection of 3 one bedroom, 3 two bedroom and 2 three bedroom apartments situated on the residential Millbrook Road.
Chris Roads, Sales and Marketing Director at Family Mosaic, comments: “Brixton is a thriving urban community and is increasingly seen as a trendy and cool place not only to spend spare time but to live. The careful conversion of the properties on Millbrook Road into affordable apartments is ideal for young first time buyers who want to live in a vibrant, urban, central area.”
All apartments are fitted out to a good standard; kitchens come with a stainless steel integrated oven, hob and extractor fan, integrated fridge freezer and an integrated washer / dryer. There are fitted carpets in the bedrooms and laminate flooring to hallways and lounge. In the living room are TV, Sky and telephone points. The bathroom comes with a thermostatically controlled shower over the bath and a wash basin with chrome plated mixer taps.
Brixton is a great source of entertainment with a notable clubbing and live music scene including the world famous Brixton Academy. With a vast number of bars there is plenty to keep visitors entertained plus an array of culturally varied restaurants from Asmara, an Eritrean eatery, to Fujiyama and O Cantinho offering Japanese and Portuguese cuisine respectively.
Transport into London couldn’t be easier from Brixton tube station with services to Victoria, Oxford Circus and Kings Cross St Pancras in under 20 minutes. Buses can take you to Shoreditch, Clapham, Dulwich, Putney and Liverpool Street while Brixton railway station has direct services to London Victoria and Orpington while Loughborough Junction train station offers services to Blackfriars, London St Pancras and Wimbledon.
Apartments at Millbrook are available on a part-buy, part-rent basis. To be eligible for the scheme, purchasers will need to be living or working in the London Borough of Lambeth, earning less than £60,000 and purchasing an apartment as their first and only home.
Prices start from £47,500 for a 25% share based on a full market value of £190,000 for a one bedroom apartment, £58,750 for a 25% share based on a full market value of £235,000 for a two bedroom apartment and from £66,250 for a 25% share based on a full market value of £265,000 for a three bedroom apartment. For further information visit: familymosaicsales.co.uk
