Share Price £151,250 (from 25% Min. Share)

Full Value £605,000 | £15,125 Min. Deposit

Scheme: Shared Ownership

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Patchworks - 2 bed apartment in Islington

place 107-129 Seven Sisters Road, N7 7QG

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A stunning collection of 1, 2 & 3 bedroom Shared Ownership apartments set in Finsbury Park


Eligibility

You may be eligible for this property if: You have a gross household income of no more than £90,000 per annum. You are unable to purchase a suitable home to meet your housing needs on the open market. You do not already own a home or you will have sold your current home before you purchase or rent.


Description

Live in one of our final remaining apartments from £1,845* per month, with deposits now starting from £15,125 and aminimum income of £66,498. Reserve now and receive £2,000† cashback on the purchase of your new home.

Our homes at Patchworks offer something for everyone, with a striking specification including a fully integrated Zanussi kitchen and large windows bringing an abundance of natural light into every apartment. All apartments benefit from outdoor space, whether it be their own private balconies or the communal terrace garden overlooking the quieter streets of Islington. These homes boast fantastic travel links being in Zone 2 and just a short stroll away from both Finsbury Park and Arsenal Stations with connections all across the City. Not forgetting the open spaces of Finsbury Park, trendy Upper Street and Camden Town just moments away, everything you need is right on your doorstep.

Life is a patchwork and we’ve got it all sewn up!

*Price based on Apartment 5, including service charge, estimated mortgage cost and rent.
†Up to £2,000 cashback to be payable upon completion of the property. Customer will need to have reserved the apartment within 7 days of initial virtual viewing. Exchange to take place within 28 days. Not to be used in conjunction with any other offers. Additional T&Cs apply.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from25% - 75%, 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 high-spec homes even more affordable in such a sought after location.


Key Features

  • Available through Shared Ownership
  • New Home
  • Private balcony
  • Open plan living
  • Communal gardens
  • Zone 2 location
  • Close to tube stations

Download Documents

Link to the floor plan Property brochure 1
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Calculate Monthly Cost

Share price
£ 151,250
Min. £151,250
Share percentage
Min. 25%
Your deposit
Min. £15,125
Monthly cost*
£2,013
Cost breakdown
£1,039
Rent
£282
Service charge
£692
Mortgage*
Calculated using a representative rate of 3.64%
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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.