1 bedroom apartment for sale

Available

Dance Square, EC1V 3AJ

£140,000 · Shared Ownership Resale

Share percentage 25%, full price £560,000, £7,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
Floor plan
£140,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £560,000, £7,000 Min Deposit.

Monthly Cost: £1,671
Rent £752, Service charge £198, Mortgage £721*

Calculated using a representative rate of 4.25%

Calculate estimated monthly costs

£
Eligibility

* Household income must not exceed £80,000 (outside of London) or £90,000 (in London)

* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)

* No cash buyers

* No pets

* Applicants must be able to afford their purchase and sustain their housing costs

* Applicants are primarily expected to be first-time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

* Applicants must be unable to purchase a property suitable to meet their needs on the open market

* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.

Summary

One bedroom second floor apartment in Islington with balcony

Description

This fantastic one bedroom second floor apartment offers modern, neutral interiors throughout with well-proportioned accommodation. The property also benefits from a balcony facing the peaceful internal garden with water feature in a quiet but central and convenient location in Clerkenwell.

Ideally suited for commuting by foot, bicycle or public transport, Dance Square boasts a fantastic location close to the financial hub of the City and the shops, eateries & amenities of Shoreditch, Spitalfields, Islington and the West End.

Features:

- Ideally located moments from amenities

- Set within a private development with 24-hour concierge

- Bright reception room leading to balcony

- Modern separate kitchen area with space for dining table

- Well-proportioned bedroom with ample room for storage

-Three very spacious built-in storage cupboards (two walk-in)

- Contemporary bathroom with white suite

- Access to secure underground bicycle storage

Particulars

Tenure: Leasehold
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Virtual Tour
https://vimeo.com/730427745
Map
Old Street (0.35 miles) Barbican (0.39 miles) Farringdon (0.55 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

Read More Read Less
  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£140,000
Shared Ownership Resale
Estimated Monthly Cost:£1,671
Rent £752
Service Charge £198
Mortgage £721

Share percentage 25%, full price £560,000, £7,000 Min Deposit. Calculated using a representative rate of 4.25%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.