Share Price £191,250 (from 25% Min. Share)

Full Value £765,000 | £19,125 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Islington

place Dance Square, London, EC1V 3AJ

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One Housing Group

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An immaculately presented 2 bed 2 bath apartment within a private purpose built development with 24 hour concierge and landscaped communal gardens.


Eligibility

Eligibility Criteria

* 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.


Description

Full market value: £765,000
25% Share: £191,250
Rent: £1060.20
Service Charges: £257.31
Lease 125 years from and including 12 April 2012

An immaculately presented, 2 bedroom, 2 bathroom apartment set within Dance Square, a purpose built, private development with 24 hour concierge and landscaped communal gardens.
Dance Square is a popular development with a highly sought after location - within a short walking distance of the financial hub of the City and the vibrant shops, bars and restaurants of Shoreditch, Angel and Spitalfields.

The property has a bright, open plan kitchen and living area, with ample space for dining and a good-sized balcony overlooking the communal gardens. A spacious hallway with multiple storage cupboards leads to two well-proportioned bedrooms, with modern fitted wardrobes maximising the space. The master bedroom has an ensuite bathroom with contemporary white suite, separate shower and heated towel rail. There is a large main bathroom, with bath (shower over) and heated towel rail. Interiors are finished to a very high standard throughout.

Nearest transport links:

- Barbican station (0.37 miles)
- Old Street station (0.41 miles)
- Farringdon station (0.49 miles)
- Angel station (0.61)
- Moorgate station (0.64 miles)


Key Features

- 3rd floor apartment

- Set within purpose built, private development with 24 hour concierge

- Secure fob entry and lift access

- Attractive aspect, with private balcony overlooking communal gardens

- Open plan kitchen and living area

- 2 well-proportioned bedrooms, with built in wardrobes

- En suite to master bedroom fitted with contemporary white suite

- Spacious main bathroom fitted with contemporary white suite

- Modern interiors and ample fitted storage throughout

- Ideally located moments from amenities of the City, Shoreditch and Angel


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Calculate Monthly Cost

Share price
£ 191,250
Min. £191,250
Share percentage
Min. 25%
Your deposit
Min. £19,125
Monthly cost*
£2,142
Cost breakdown
£1,061
Rent
£257
Service charge
£824
Mortgage*
Calculated using a representative rate of 3.09%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


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