3 bed Flat For Sale £510,000
at Effra Parade, Lambeth, London SW2

Property reference number: 1638927

This fantastic 3-bedroom home is situated a short walk from everything Brixton and the surrounding area has to offer. This lively district in south London offers everything from street food to vintage markets, alongside famous music venues such as the 02 Academy and the Hootananny.

The apartment is well-located for easy access into London and beyond from nearby Brixton and Herne Hill stations, offering mainline train links as well as access to the Victoria Line. 

Nearest stations: Brixton Station (0.6m), Herne Hill (0.6m), Loughborough Junction (0.9m)

Bus routes nearby: 3, 322, 2, 37, 345, 68, 468, 232, 333, 196

The property comprises:

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• Lounge: Spacious living area with carpeted flooring
• Kitchen/dining area: Laminate flooring and white-gloss kitchen with wood-effect worktop. Integrated appliances including an Indesit oven and Zanussi washing machine
• Bedrooms 1, 2 & 3: Spacious double bedrooms with carpeted flooring.
• Bathroom: White suite with vinyl flooring, white tiled bath and shower unit

What happens after I register my interest?

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [use Contact Agent Button] and our team will be able to help you.

What is Resale Shared Ownership?

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 

Financial information

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• Tenure: Leasehold
• Remaining lease term: 108
• Annual ground rent amount: £0
• Ground rent review period: No ground rent until final staircasing
• Annual service charge amount: £2,286
• Service charge review period: Annually
• Council tax band: £

*Financial information correct as of 31.08.2023