2 bedroom apartment for sale
Lewis House, 85 Canonbury Road, N1 2UH
Share percentage 25%, full price £800,000, £10,000 Min Deposit.
Share percentage 25%, full price £800,000, £10,000 Min Deposit.
Monthly Cost: £2,407
Rent £1,198,
Service charge £212,
Mortgage £997*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
You will need to be earning a guidance income of £74,726. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,000. Total approximate savings required £14,000.
Important borough specific eligibility criteria
Borough of Islington
All London applicants will be considered. However, those living and working in the Islington will be given priority
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Spacious and modern 2 bedroom apartment in the London borough of Islington available through Shared Ownership
Description
Internal
Lobby, stairs
Entrance Hallway, two bedrooms, Open plan living room & kitchen, bathroom/toilet.
Underfloor Heating in all rooms
Floor Area
70sqm
External
Communal garden space
Parking
No allocated parking
Accessibility rating
F
EPC rating
C
Length of lease
121 years
Borough
Islington
Key Features
This property is in the heart of Islington.
Highbury and Islington station (Victoria Line, Overground and National Rail) is only a 4 minute walk away. The social hub of Upper Street is also a 3 minute walk away with numerous amenities, restaurants, boutique shops and more on offer.
Nearest Stations: Highbury & Islington(0.2 miles), Essex Road Station(0.3 miles), Canonbury Station (0.5 miles)
Property Downloads
Floor Plan Energy CertificateMap
The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 25%, full price £800,000, £10,000 Min Deposit. Calculated using a representative rate of 3.94%