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Felicity J Lord are delighted to introduce this modern Shared Ownership apartment in the heart of the City. Walking distance from Old Street Station. Studio apartments from £115,000 for a 25% share.
*Live in Zone 1 from just £1,616 a month with a £11,500 deposit*
City Angel is a brand-new collection of studio apartments in Islington for those beginning to spread their wings in London’s most exciting part of town.
All homes feature contemporary kitchens, modern fittings and fixtures along with underfloor heating throughout. Spacious living areas are connected to private outside space with many homes overlooking the landscaped communal podium garden, providing the perfect environment for relaxation.
Reserve before the end of December 2024 and we'll boost your deposit by 5% up to £6,000, helping you borrow less and unlocking the potential for better mortgage rates!*
Residents of City Angel benefit from access to The Regents Club, an exclusive suite of luxurious on-site facilities including a gym, spa, swimming pool, sauna, yoga studio, and concierge, with even more to come in 2024.*
Plus, benefit from excellent transport links with Old Street and Angel Stations both just a 10-minute walk away serving the Victoria, Northern and Elizabeth lines as well as Overground and National Rail services.
Why buy at City Angel?
- Spacious, open-plan living
- Fully integrated kitchens and bathrooms
- Private balcony
- Well-connected Zone 1 location, close to Old Street and Angel stations
- Residents’ gym, spa, swimming pool, sauna, yoga studio, concierge & more
Shared Ownership cost breakdown - 25% share*
- Full market value = £460,000
- 25% share price = £115,000
- Deposit required = £11,500
- Estimated monthly mortgage = £620pcm
- Estimated monthly rent = £719pcm
- Estimated monthly service charge = £309pcm
Shared Ownership cost breakdown - 40% share*
- Full market value = £460,000
- 40% share price = £184,000
- Deposit required = £18,400
- Estimated monthly mortgage = £922pcm
- Estimated monthly rent = £575pcm
- Estimated monthly service charge = £309pcm
Financial information
Tenure: Leasehold
Length of lease: 990 years
Annual service charge amount: £3,708
Service charge review period: Annual
Council tax band: (C, D)
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
Disclaimers & T&Cs
*Amenity CGIs are indicative only and property of Berkeley Homes. Games room and cinema room coming soon,
*Travel times taken from Google Maps.
*Shared Ownership cost breakdowns and financial information provided is estimated and will differ based on individual circumstances and the specific home reserved.
*5% deposit boost incentive available on reservations from 1 November 2024 to 31 December 2024. Peabody will contribute a total of up to £6,000 as a one-off deduction when your home completes. This incentive is available on studio apartments only. Additional T&Cs, affordability and eligibility criteria may apply. For full T&Cs visit the Peabody New Homes website offers page or speak to our sales team.
About City Angel Shared Ownership:
Reserve before the end of December 2024 and get up to £6,000 towards your deposit, helping you borrow less and unlocking the potential for better mortgage rates!*
Located within Islington in Zone 1 at Berkeley’s landmark new development 250 City Road, City Angel offers prime urban living above the buzzing superhighway of City Road that connects leafy, lively Islington to the tech start-ups of Old Street.
Cancel the commute, wave goodbye to the suburbs – this is ho
Alternatively, you can call us on 0203 7954370
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Property information contact details
Davinia White
Divisional Sales Director
Felicity J Lord’s Land and New Homes division offers strategic expertise for all our estate agency brands in regional offices across both England and Wales.
We provide latest industry information, advice and guidance to developers, housing associations, house builders, registered social landlords, receivers and banks.
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The information displayed about this property comprises a property advertisement. This property advertisement does not constitute property particulars. The information is provided and maintained by Felicity J Lord. Please contact the Felicity J Lord office directly to obtain full property particulars and any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 and The Home Information Pack Regulations 2007.
The information displayed about this property comprises a property advertisement. This property advertisement does not constitute property particulars. The information is provided and maintained by Felicity J Lord. Please contact the Felicity J Lord office directly to obtain full property particulars and any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 and The Home Information Pack Regulations 2007.
