Published 16 Dec 2013
Buy Into the Buzz of Brixton at The Bottle Store
Peabody's new collection of affordable apartments in Stockwell is moments away from the pulsing heart of Brixton, providing an opportunity to purchase a new apartment near the O2 Academy, the Electric Brixton and the Ritzy Cinema providing a vibrant cultural and social scene.
The apartments are available under Peabody's Shared Ownership scheme, which brings buying within reach of many who otherwise could not afford to buy a new home. And with many of the properties having two or three bedrooms, sharing with a friend could lower the cost even further.
Living in Brixton
Nearby Brixton is one of the most culturally dynamic areas of London. At its heart is Brixton Market, a fantastic array of stalls offering everything from exotic foodstuffs to fashion and described by Time Out as a 'sensory fiesta'. In the covered arcades of Brixton Village you'll find a tantalising range of eateries which constitute one of the most diverse and exciting gourmet scenes in the UK. The area's stimulating scene also includes the Ritzy Picturehouse, the intimate Landor Pub Theatre and a variety of live music venues, including the Brixton O2 Academy and the Windmill pub, which has a terrific reputation.
Shared Ownership makes buying a home affordable
Prices for two-bedroom apartments at The Bottle Store start from £125,550 for a 30% share of the full market value of £418,500. That's because the family homes at the Bottle Store are available under Shared Ownership. This allows purchasers to buy a minimum 30% share of the home and pay a subsidised rent on the remaining share. Buyers can increase their share at any time, all the way to up 100%.
Handy for Stockwell underground, the Bottle Store's affordable apartments do not compromise on location, style or quality. The kitchens have fully fitted appliances, including a fan oven/grill, 4-ring gas hob, washer/dryer and fridge/freezer, further minimising the cost of setting up home. The living areas are fitted with high-quality oak laminate flooring, while the bedrooms have 80%-wool carpets throughout. With sleek white suites, ceramic floor tiles, chrome-plated fittings and a heated towel rail, the bathrooms combine luxury and practicality.
Some apartments have generous balconies and parking spaces, and all share a beautifully landscaped communal garden. The development is located just off Stockwell Road, less than a 10-minute walk from Stockwell underground station and Brixton underground and overground, meaning that Northern and Victoria Line services are on hand for fast access into central London.
The Bottle Store is ideally located
For relaxation and open space, the leafy expanses of Clapham Common are an easy walk - or a short bus ride - away. The Common's three ponds, tennis courts, all-weather games area, bowling green, skate park and sports pitches ensure plenty of activities catering to all tastes; or, of course, there is simply the tranquility of the open space and magnificent trees. Closer to home is Slade Park, a traditional municipal park featuring swathes of lawn and a children's play area that is set for a major rejuvenation scheme, which will see the creation of an adventure playground, a sports area and a fitness trail, and a major tree-planting programme.
Applications for buying under the shared-ownership scheme will be considered from households with incomes of less than £90,000 per annum. Priority will be given to those living or working in the London Borough of Lambeth.
All apartments at The Bottle Store have now completed. Use our property search to see our latest Shared Ownership homes currently available to purchase.