Studio Flat For Sale £352,500
City Angel Shared Ownership at City Angel, 250 City Road, Islington EC1V

Studio apartments from £117,500 for a 25% share. City Angel is a brand new collection of studio and one-bed apartments in Islington.

Studio Shared Ownership apartments 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 the majority overlooking the landscaped communal podium garden, providing the perfect environment for relaxation. For more information about City Angel be sure to register your interest.

Discover City Angel

A place to reboot and recharge, a place to call home – say halo to City Angel. Located within Islington (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 how London-living was meant to be. You’re freed up, ready for a reboot and ready to enjoy all that the City has to offer including Islington, Shoreditch, the City, Clerkenwell, the East End; all within easy reach, with Old Street station 10 minutes walk and Angel tube station 11 minutes away.

One or two stops from Angel, and you’ve arrived at one of the UK’s biggest rail hubs, King’s Cross, St Pancras International and Euston. A few stops south and you’re at London Bridge: the Shard, Borough Market, trains to Gatwick. Or the Jubilee line to Canary Wharf for that morning meeting. At City Angel, it’s all about connections and convenience.

Shared Ownership cost breakdown - 25% Share

* Full market value = £470,000
* Example 25% share price = £117,500
* Rent = £734pcm (charged at 2.50% of the unsold equity)
* Estimated service charge = £337pcm

Shared Ownership cost breakdown - 75% Share

* Full market value = £470,000
* Example 75% share price = £352,500
* Rent = £245pcm (charged at 2,50% of the unsold equity)
* Estimated service charge = £413pcm

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, 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 high-spec homes even more affordable in such a sought after location
 

Financial information

• Tenure: Leasehold
• Length of lease: 999
• Annual service charge amount: £4,048
• Service charge review period: Annual
• Council tax band: (C, D)

CGI are indicative only and property of Berkeley Homes. Show home images are indicative only. Travel times taken from Google Maps.