Share percentage 50%, full price £400,000, £20,000 Min Deposit.
Monthly Cost: £1,638
Rent £397,
Service charge £226,
Mortgage £1,015*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Modern, spacious 1 bed flat in Islington
Description
This fantastic one double bedroom apartment is positioned on the second floor of this much sought-after modern development, popular with young professionals.
The property comprises of an open-plan kitchen and reception room, with a further above average sized master bedroom complete with ample space for desk/work area - perfect for working from home and a modern bathroom.
The 45sq/m apartment is extremely well proportioned throughout, with plenty of built-in storage within the bedroom and living room, a secure bicycle storage room, video entry-phone system, built-in dishwasher, low cost communal system central heating, central ventilation system, Velfac windows and has a high EPC rating for warmth in winter.
Very quiet cul-de-sac street with easy access to village, transport and parks.
Mildmay Avenue is ideally located just off Newington Green Road and only a short walk to Canonbury, Highbury & Islington Stations as well as the green open spaces of Clissold Park, Highbury Fields and the many amenities of Stoke Newington Church Street & Upper Street.
Newington Green is full of top-class restaurants, cafes and bars - Jolene, Perilla, Lady Mildmay, Alma, Lizzys to name a few.
Key Features
- Large 1 bed apartment
- Open plan
- Fully fitted kitchen
- Close to local transport
- Lots of storage
- Secure bike store 2
- Located on a quiet cul-de-sac
Particulars
Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: D
Property Downloads
Key Information Document Floor PlanMap
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 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.
Share percentage 50%, full price £400,000, £20,000 Min Deposit. Calculated using a representative rate of 4.64%