2 bedroom apartment for sale

Available

Crest Buildings, 37 Wharf Road, N1 7GY

£225,000 · Shared Ownership Resale

Share percentage 30%, full price £750,000, £22,500 Min Deposit.

Available
2 bedrooms
£225,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £750,000, £22,500 Min Deposit.

Monthly Cost: £2,824
Rent £1,428, Service charge £254, Mortgage £1,142*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

Two-bedroom (76m2), first floor apartment with balcony, ensuite and courtyard, now available in Islington.

Description

Crest Buildings is a beautiful must-see two double-bedroom apartment with private balcony located on the first floor in a block built in 2017. The approximate size of the flat is 76 sq. m. and the lease remaining on the property is 119 years. 

A stroll across the canal leads to Angel Central mall, Upper Street’s household names, a large Waitrose and the old High Street’s antique and design shops. In the other direction, Shoreditch bursts with the latest fashions, vintage designs and various culinary discoveries all of which are waiting to be unearthed in Boxpark.

800 year-old Smithfield market has inspired many restauranteurs to make their home here. Michelin-starred St John’s ‘nose to tail eating’ is legendary. Equally, the Modern Pantry offers an elegantly eclectic counterpoint to the hipster charm of burger utopia MEAT mission.

After-work mainstays Hoxton Square and Magic Roundabout rub shoulders with the exclusive phone-ahead Nightjar speakeasy. Traditional pubs, such as The Earl of Essex, are as celebrated as the Georgian-period hotel and cocktail lounge, The Zetter Townhouse. And between the 02 Academy Islington, Fabric nightclub and the iconic venues scattered around nearby King’s Cross — music als sits at the heart of N1’s nightlife. 

Few things are finer than a walk along the picturesque Regent’s Canal. Stretching from Paddington to Limehouse, many of its narrow boats are casually moored as impromptu cafes or galleries. The Old Truman Brewery, though, stands tall as the neighbourhood’s gallery of choice. And for the professionally focused, the London Design Festival sprawls across numerous local venues every year.

The property located on the first  floor comprises:

GENERAL SPECIFICATIONS
Walls and ceiling finished in white matt emulsion, oak grey timber floor to living areas and hallway, touch of velvet Dixie Home carpet to all bedrooms, built-in wardrobe with mirrored doors to master bedrooms, full-height white flush internal doors, antique bronze door knobs to internal doors, underfloor heating throughout, recessed downlights throughout, Zanussi free-standing washer/dryer in hallway cupboards, video door entry system, code for sustainable homes level 4, 10-year NHBC warranty and sprinklers throughout
 
KITCHEN
Handleless, matt finish kitchen units with glacier white Corian worktop and matching splashback, Miele built-in combi microwave and oven, Miele 5-zone induction hob, caple wine cabinet, Electrolux integrated dishwasher, Electrolux integrated fridge/freezer, Corian one and a half bowl sink with brushed
chrome 3 in 1 boiling mixer tap.

 
BATHROOM
Built-in Corian sink with chrome mixer taps, wall-hung WC with concealed cistern, square bath with frameless bath screen and chrome Hansgrohe shower set, heated towel rail, mirror and wall cabinet above WC, large format wall and floor tiles.

EN-SUITE
Free-standing bath sat against antique mirror, corian sink, tiled warm wall with hooks and towel rails, shower featuring glass panel, Hansgrohe thermostatic mixer and chrome overhead shower.
 
What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form. If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact href="mailto:enquiries@peabodynewhomes.co.uk">enquiries@peabodynewhomes.co.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 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.

Financial information

Tenure: Leasehold
Remaining lease term: 119 Years
Annual ground rent amount: TBC
Ground rent review period: TBC
Annual service charge amount: £3,052.80
Service charge review period: 1st April annually
Council tax band: Band F
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: F

Property Downloads
Energy Certificate
Map
Angel (0.42 miles) Old Street (0.54 miles) Essex Road (0.65 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.

£225,000
Shared Ownership Resale
Estimated Monthly Cost:£2,824
Rent £1,428
Service Charge £254
Mortgage £1,142

Share percentage 30%, full price £750,000, £22,500 Min Deposit. Calculated using a representative rate of 4.64%


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.