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Shared ownership
£620,000

2 bedroom apartment for sale

at Aquarelle House, 259 City Road, London EC1V
Apartment
2 beds
1 bath
Added > 14 days

Key information

TenureLeasehold | 35% share | rental £2.75pcm | 111 yrs left
Service charge£3,760.56 per annum
Council taxBand E

Features and description

  • Tenure: Leasehold (111 years remaining)


Property reference number: 1639059



 



This fantastic home is located on City Road between Angel and Old Street offering excellent transport links across London. The local area offers everything you need right on your doorstep, from eclectic places to eat and drink, to cultural hotspots like the Barbican Centre.




  • Nearest stations: Old Street (0.4 miles), Angel (0.5 miles), Kings Cross (1.3 miles)
  • But routes nearby: 30, 43, 214, 141, 205, 274, 19, 38, 73


Key features: 




  • Zone 1 location
  • Private balcony
  • Integrated appliances
  • Communal gardens
  • Secure bike storage


What happens after I register my interest? 

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form. 





If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [use Contact Agent Button] and our team will be able to help you. 





What is Resale Shared Ownership? 

Through Shared Ownership you can buy up to 75% of the property, 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 homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 



 



Financial information 




  • Tenure: Leasehold 
  • Remaining lease term: 112 years 
  • Annual ground rent amount: £0
  • Ground rent review period: No ground rent until final staircasing.
  • Annual service charge amount: £ 3,760.56
  • Service charge review period: Annually 
  • Council tax band: E


*Financial information correct as of 15.12.2023


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About this agent

Peabody - Resales
Peabody - Resales
45 Westminster Bridge Road London SE1 7JB
020 8022 5253
Full profileProperty listings
Peabody develop award-winning homes across London and the Home Counties, with a mission to create great places where people can flourish and want to live. Our ambitious house-building programme aims to provide thousands of high-quality new homes for private sale, Shared Ownership, Rent to Buy, and social rent.
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