1 bedroom apartment for sale

Available

Lambs Passage, EC1Y 8AB

£137,500 · Shared Ownership Resale

Share percentage 25%, full price £550,000, £13,750 Min Deposit.

Available
1 bedroom
£137,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £550,000, £13,750 Min Deposit.

Monthly Cost: £2,091
Rent £859, Service charge £566, Mortgage £666*

Calculated using a representative rate of 4.19%

Calculate estimated monthly costs

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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

Modern, sleek and stylish 1 bedroom apartment in the heart of the City inIslington

Description

Don't miss out - contact the sales team to arrange a viewing!

Share Value to purchase - 25% - £137,500

Service charge - £565.68pcm

Thisfabulous 1 bedroom corner apartment boasts floor to ceiling windows in both the bedroom and the living/dining/kitchen area.

The living/dining/kitchen area has two walls with floor to ceiling windows, which allows a vast amount of light into the large open plan space. The kitchen and dining area includes a breakfast bar/dining table with underneath storage seating at least 6 people. Fitted kitchen appliances include an electric hob, fridge & freezer, oven, dishwasher and washing machine & dryer - all your needs.

The large double bedroom offers ample amounts of space to include extra living furniture as you please. The bedroom includes both a shower and bath, making it versatile. Included in the large winding corridor and hallway, are two storage cupboards, one double and one single, and an area for coats as well as included shoe cupboards and room for a console table of your choice!

Rare to find such a spacious 1 bedroom flat in the heart of the city with lots of storage space included!

Local amenities situated within 2 minutes of the apartment are a supermarket, cafes, pubs, restaurants, optician, street food market, pharmacy and dry cleaner - what more could you need!

The apartment has the added benefit of six rail and underground stations; Old Street, on the Northern line, is just six minutes' walk away. Moorgate and Barbican station on the metropolitan, Circle and Hammersmith & City line are even closer at just four minutes' walk from the apartment, and St Paul's Station and Liverpool Street Station both on the Central line, just over 10 minutes' walk away. Finally, you have Farringdon Station also within walking distance.

Famous establishments walking distance are Barbican Centre, St Paul's Cathedral, One New Change shopping centre, Spitalfields Market and Shoreditch.


5th Floor

Living/ Kitchen - 6.67m x 4.06m

Bedroom 2.75m x 4.28m

Total size 54.4m2

Key Features
  • Spacious 1 double bedroom corner flat
  • Floor to ceiling windows on all outer walls
  • Large open plan kitchen / dining / living area making it an extremely sociable apartment
  • Bathroom with both bath and shower and ample amounts of storage space
  • Storage cupboards and spaces provided within the large corridor and hallway within the flat
  • Key transport links such as Old Street Station, Moorgate Station, St Paul’s Station, Barbican Station, Liverpool Street Station and Farringdon Station
  • Walk to Moorgate station in under 6 minutes!
  • Famous London establishments on the doorstep of this amazing apartment
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Map
Moorgate (0.18 miles) Old Street (0.33 miles) Barbican (0.35 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.

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  • 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.

£137,500
Shared Ownership Resale
Estimated Monthly Cost:£2,091
Rent £859
Service Charge £566
Mortgage £666

Share percentage 25%, full price £550,000, £13,750 Min Deposit. Calculated using a representative rate of 4.19%


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.