2 bedroom apartment for sale

Available

Flat 2, Clerkenwell Court, 11 Duncan Street, N1 8FR

£198,750 · Shared Ownership Resale

Share percentage 25%, full price £795,000, £19,875 Min Deposit.

Available
2 bedrooms
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£198,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £795,000, £19,875 Min Deposit.

Monthly Cost: £2,258
Rent £986, Service charge £304, Mortgage £968*

Calculated using a representative rate of 4.24%

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

An impressive two-bedroom flat situated in a converted court house in Angel, Islington.

Description

Open Market Value: £850,000.00.25% @ £212,500.00

Rent: £986.00 p.m.Service Charge: £304.00 p.m.

A spacious two-bedroom flat that has been finished to a brilliant standard and is located in the former Clerkenwell County Courthouse building in Angel. The property comprises a contemporary fitted open-plan kitchen, a spacious reception room, a large double bedroom, a smaller double bedroom, and a bathroom with high specification fittings.

Clerkenwell Court, a historical Art Deco building with ‘stripped classical’ styles crafted by architects A.Roberts & Co. Ltd., is a mere 0.2 miles from Angel Tube Station (less than 5 minutes’ walk), providing fast and convenient access to The City, Kings Cross/St Pancras and North London.

Surrounded by charming Georgian houses tucked along the quiet side streets, and close to many beautiful Victorian pubs dotted around the borough of Islington, Duncan Street affords superb access to a wealth of local shops, bars and eateries, particularly Camden Passage, Upper Street and Exmouth Market. It is also located opposite Colebrook Row Gardens and a stone’s throw from the idyllic and picturesque Regents Canal.

The flat is Leasehold. The Local Authority is Islington (Council Tax Band: E).

Key Features
  • Two bedroom flat
  • Large open plan kitchen and living room
  • Excellent decorative order
  • Converted flat from a former court house
  • Moments from Angel (Underground Station) & Upper Street
Particulars

Tenure: Leasehold
Council Tax Band: E

Property Downloads
Floor Plan Energy Certificate
Map
Angel (0.16 miles) Essex Road (0.58 miles) Old Street (0.80 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.

£198,750
Shared Ownership Resale
Estimated Monthly Cost:£2,258
Rent £986
Service Charge £304
Mortgage £968

Share percentage 25%, full price £795,000, £19,875 Min Deposit. Calculated using a representative rate of 4.24%


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.