Share Price £589,050 (from 77% Min. Share)

Full Value £765,000 | £58,905 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Islington

place Dance Square, London, EC1V 3AN

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One Housing Group

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2 Bed in Dance Sq


Eligibility

Eligibility Criteria

· 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.


Description

An original and contemporary two bed /one bath apartment within the much sought-after private development of Dance Square in central Clerkenwell.

This delightful apartment has been finished to an impeccable standard and comprises large bright reception room, two large balcony, high specification fitted separate kitchen and dining area with recently upgraded integrated appliances, fully tiled bathroom, two spacious bedroom's and three large storage room. Served by a 24hr concierge.


Located conveniently within walking distance to several transport links, including Old Street station and white cross market, Angel Islington and its array of bustling, bars, restaurants and markets, as well as Barbican station - The Barbican centre for Arts, Museum of London and Cinema. Easy access to King’s cross / St Paul / Bank. Walking distance to supermarket include Tesco and Waitrose.


Key Features

  • Two bedroom apartment
  • 2 Private balcony
  • 24hr Concierge
  • Communal Garden
  • Perfect investment
  • Long Leasehold

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Calculate Monthly Cost

Share price
£ 589,050
Min. £589,050
Share percentage
Min. 77%
Your deposit
Min. £58,905
Monthly cost*
£3,115
Cost breakdown
£307
Rent
£269
Service charge
£2,539
Mortgage*
Calculated using a representative rate of 3.09%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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.