Why rent a luxury apartment when it may be cheaper to buy?
If you're looking for high-end living close to London, call 020 3960 1555 to arrange a viewing at this stunning new development.
Luna St James is an impressive new block of luxury 1 & 2 bedroom apartments with affordable buying options in the heart of Brentwood, a vibrant town with excellent rail connections to central London.
The Luna Group, developers of the project, are working in partnership with Heylo Housing Association to provide Home Reach “part-buy-part-rent” options on selected apartments at the complex. With this Shared Ownership scheme (currently being publicised by The National Housing Federation), you are able to buy a share of the property with cash savings or by taking out a mortgage and pay monthly rent on the rest. Your budget decides the size of the share you buy rather than the size of the property, and so this enables you to live in a luxury home that you might have thought you couldn’t afford, as well as getting you onto the property ladder.
The brand-new apartments at Luna St James are all designed with high quality finish and fittings including top of the range Neff kitchen appliances - oven, microwave, ceramic hob, dishwasher, fridge/freezer and washer/dryer - and white Duravit bathroom suites with Hansgrohe taps. Contemporary and immaculate décor with LED spotlights, timber veneer interior doors, Egger Pro laminate flooring and deep pile easy clean Sensations bedroom carpet mean all you have to do is move in.
Additional first-class benefits offered to residents are CCTV coverage, a secure door entry system, a private gym, a concierge service, allocated secure parking spots and communal outside spaces including a roof terrace with spectacular views of the London skyline.
The development is less than a minute’s walk away from Brentwood train station with direct links to Liverpool Street in just 34 minutes, and imminent connection to the Crossrail link. However, Brentwood is not just a commuter haven; its charming town centre boasts boutique shops, popular cafes and restaurants, and a bustling nightlife. With green central parkland and surrounded by beautiful countryside, it really has everything to offer.
With a 10% deposit of £17,500 and monthly mortgage payments of £830.47, 50% ownership of one of these stunning apartments worth £350,000 can be yours. Additional rent on the remaining share will be just £401.04 pcm; an affordable payment scheme for luxury living. *
* Source: heylo housing – Jan 2018
These figures are an illustrated costing only and for exact costings you should speak to an independent financial advisor. Figures above are based on a 25 year repayment mortgage and a Home Reach lease with an initial rent of 2.75% on the unpurchased property value increasing by RPI + 0.5% each year. Your home may be repossessed if you do not keep up with payments on your mortgage or shared ownership lease. Additional service charges may be payable on properties with communal facilities or services. You will also need to consider the responsibilities and associated costs involved with owning a home (such as insurance and maintenance).All News ≫