Studio for sale
Key information
Property description & features
- Tenure: Leasehold
- Shared Ownership
- Premium amenities
- Resident's gym
- Resident's yoga studio
- Zone 1 living
- Council tax band D
- Deposits from £11,500
- Private balcony
- Excellent travel links
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 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, and the East End; all within easy reach, with Old Street and Angel stations both under an 11-minute walk away.
Just a couple of stops on the Tube from Angel and you’ve arrived at one of the UK’s biggest rail hubs, King’s Cross, St Pancreas 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.
What you get at City Angel:
- Studio homes with contemporary kitchens, spacious living areas and private outside space
- Available through Shared Ownership
- Located in a desirable Zone 1 location between Angel and Old Street stations
- The Regents Club, an exclusive resident-only range of on-site facilities including a gym, spa, swimming pool, sauna, yoga studio, concierge and lounge – with more to come
Register your interest to book a viewing and find out more.
*5% deposit boost/£6,000 incentive available on reservations from 1 November 2024 to 31 December 2024. For full terms and conditions visit:
Rooms
Disclaimer
Felicity J Lord Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Felicity J Lord Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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*DISCLAIMER
Property reference FJL961100303. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Felicity J Lord - New Homes.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on June 27, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on June 27, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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