Studio for sale
Key information
Property description & features
- Tenure: Leasehold
- Zone 1 living
- Council tax band D
- Excellent travel links
- Premium amenities
- Resident's gym
- Deposits from £11,500
- Resident's yoga studio
- Private balcony
Live in Zone 1 from £1,316 a month with your service charge covered! Enjoy lower monthly costs for up to 18 months - get up to £6,000 towards your service charge when you reserve this winter.
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, 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.
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
When you buy at City Angel this winter, we'll give you up to £6,000 to use towards your service charge payments bringing your monthly down so you can make the most of everything Islington has to offer.*
Shared Ownership cost breakdown - 25% share*
- Full market value = £460,000
- 25% share price = £115,000
- Deposit required = £11,500
- Estimated monthly mortgage = £588pcm
- 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: £3,710
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.
*£6,000 service charge incentive available on reservations from 9th December 2024 - 28 February 2025. 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.
Places of interest
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*DISCLAIMER
Property reference Peabody Homes_City Angel Shared Ownership_64376_98ba270b-44b9-ef11-b8e8-6045bdd0663cB. 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 Peabody - City Angel Shared Ownership.
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.