1 bedroom apartment for sale

Available

Fable Apartments, 261c City Road, EC1V 1AP

£147,000 · Shared Ownership Resale

Share percentage 30%, full price £490,000, £7,350 Min Deposit.

Available
1 bedroom
£147,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £490,000, £7,350 Min Deposit.

Monthly Cost: £1,608
Rent £661, Service charge £214, Mortgage £733*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility
  • Minimum salaries required are: £61,306 (single), £65,106 (joint) based on a 5% deposit, 5% interest rate and 25 year term
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
  • Applicants should have a live and/or work connection to the Borough of Islington
  • Priority will be given to serving military personnel

Information correct as at August 2021

Summary

A great opportunity to buy this one bedroom apartment in a fantastic central location - buy with just a 5% deposit*

Description

This stylish second floor one bedroom apartment, less than 6 years old, has clean design lines throughout, cleverly proportioned living space and luxury features including a fantastic bathroom.

The apartment has a good sized entrance hall which provides additional storage options and gives access to all rooms.

The living/dining/kitchen area is a wonderfully naturally bright room due to floor to ceiling windows.

The contemporary open plan fitted kitchen, fitted with white gloss finish units with contrasting dark work surfaces, integrated stainless steel oven, hob, stainless steel extractor fan, tiled floor and has integrated appliances.

The bedroom is light and airy and provides plenty of flexible accommodation.

The well appointed bathroom is fitted with a white suite, integrated shower unit in the bath, glass shower screen, chrome towel rail, large built in mirror and is fully tiled.

The development is less than 6 years old and is located in the City Road Basin Development next to the Regents Canal yet in close proximity of local amenities, bars, restaurants, schools, Shoreditch, Graham Street Garden, King Square Garden, the Sadler Wells Theatre and Islington Museum.

The apartment has excellent transport links from Angel Underground station to all regions of London and Kings Cross and Euston stations provide links to the national rail network. There is also easy access to the road network via the A501 and A1 for North and Central London.

Early viewing is highly recommended and buy with just 5% deposit.

For further information please contactTane Hapimarika on 0300 456 0615 Ext 9768

Key Features
  • Buy with just 5% deposit*
  • One bedroom apartment
  • Second floor
  • Superb development
  • Fantastic location - close proximity to all regions of London
  • Less than 6 years old
  • 125 years (less 3 days) lease from 1 November 2015
  • Fixtures and fittings to be agreed
  • Ground rent £250 per annum
  • Close proximity to local shops and amenites
  • Located in the City Road Basin Development next to the Regents Canal
  • Close proximity to Angel Underground station - City in under 10 minutes
  • Excellent transport links - close to Kings Cross and Euston
  • Easy access to the A501 and A1 for North and Central London

*terms and conditions apply

Map
Angel (0.41 miles) Old Street (0.52 miles) Barbican (0.67 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 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.

£147,000
Shared Ownership Resale
Estimated Monthly Cost:£1,608
Rent £661
Service Charge £214
Mortgage £733

Share percentage 30%, full price £490,000, £7,350 Min Deposit. Calculated using a representative rate of 3.94%


Clarion Housing Group resales
View properties by this developer
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.