Tonic@Bankhouse

Overview

Tonic@Bankhouse is our very first retirement community, and we're thrilled that you're interested in moving in.

We don't say ‘community-led' lightly. You'll be at the very heart of what we do and we'll be there to facilitate the events and activities that you want to see, or just to have a cup of tea with. We were established in 2014 to address the need for specific housing and support provision for older LGBT+ people, as it did not exist in the UK - until now!

While providing high-quality accommodation is important for us, our main purpose is creating safe, social spaces where you can have fun, be yourself and have access to appropriate services.

Bankhouse is a retirement community for people aged 55 and over, comprising 84 affordable apartments over 14 floors, located on Albert Embankment in the iconic area of Vauxhall, Lambeth.

One Housing manages all the rented apartments and provides the personal care and support services on-site. We'll be working closely with them to bring our unique LGBT+ affirming support and activities to Bankhouse. Tonic has purchased 19 apartments on floors 11-14, with 125 year leases. We are now offering these for sale on a Shared Ownership basis.

Tonic@Bankhouse has both 1 & 2 bedroom apartments. Most have balconies with either views of the River Thames or city views. All apartments have a spacious open-plan kitchen, dining and living room and underfloor heating and are fully accessible from street level.

Please note that in addition to the service charge, a monthly management fee is payable. This is initially: One bed = £321.88 per month and Two bed = £386.36 per month. The fee will increase annually on 1st April by the Consumer Price Index. The fee is payable only for the first 15 years of residence. Up to 72% of the management fee can be deferred for 15 years as an option at the time of purchase.

Amenities on-site include a spa room, bike storage, a launderette, and an overnight guest suite for visitors. All areas of the building are fully accessible to wheelchair users.

Plot availability

Local area information

Vauxhall

Vauxhall is well-known as one of London's historic LGBT+ areas, and it remains just as vibrant to this day. The iconic Royal Vauxhall Tavern, and Above The Stag theatre are just moments away, so you can enjoy a stand-up or drag show any day of the week. Just across the river you can pop into Tate Britain for a quiet afternoon wandering around the galleries, or head up to Newport Street Gallery if you're after something a bit more contemporary.

You're not short of green space either, with Vauxhall Pleasure Gardens, Pedlar's Park, Vauxhall Park and Old Paradise Gardens all within a short distance too. For groceries and amenities, you'll find a Tesco Express on your doorstep, and a Sainsbury's, a Waitrose, and a Chemist all within 0.6 miles of your front door.

As well as two bus stops directly opposite Bankhouse that service 3 major routes, Vauxhall station is less than a 10 minute walk away and serves as a major transport interchange, with the bus station, National Rail and London Underground all in one place. Whether it's popping to Soho via the Victoria Line, or taking a day trip to Brighton from Vauxhall Station, you'll never be short of places to explore.