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Studio
Key information
Property description & features
- Tenure: Leasehold
Reserve before 31 January 2024 and we’ll pay your service charge for 6 months.*
Studio apartments from £117,500 for a 25% share.
City Angel is a brand new collection of studio and 1-bedroom apartments in Islington for those beginning to spread their wings in London’s most exciting part of town.
All homes feature contemporary kitchens, modern fittings and fixtures along with underfloor heating throughout. Spacious living areas are connected to private outside space with the majority overlooking the landscaped communal podium garden, providing the perfect environment for relaxation. For more information about City Angel be sure to register your interest.
Residents of City Angel will have access to The Regents Club, 250 City Road’s exclusive suite of luxurious on-site facilities. These include a gym, spa, swimming pool, sauna, yoga studio, concierge, and residents’ lounge, with even more to come in 2024.
Discover City Angel
A place to reboot and recharge, a place to call home – say halo to City Angel. Located within Islington (Zone 1) at Berkeley’s landmark new development 250 City Road, City Angel offers prime urban living above the buzzing superhighway of City Road that connects leafy, lively Islington to the tech start-ups of Old Street.
Cancel the commute, wave goodbye to the suburbs – this is how London-living was meant to be. You’re freed up, ready for a reboot and ready to enjoy all that the City has to offer including Islington, Shoreditch, the City, Clerkenwell, the East End; all within easy reach, with Old Street station 10 minutes walk and Angel tube station 11 minutes away.
One or two stops from Angel, and you’ve arrived at one of the UK’s biggest rail hubs, King’s Cross, St Pancras International and Euston. A few stops south and you’re at London Bridge: the Shard, Borough Market, trains to Gatwick. Or the Jubilee line to Canary Wharf for that morning meeting. At City Angel, it’s all about connections and convenience.
Shared Ownership cost breakdown - 25% Share
* Full market value = £470,000
* Example 25% share price = £117,500
* Rent = £734pcm (charged at 2.50% of the unsold equity)
* Estimated service charge = £337pcm
Shared Ownership cost breakdown - 75% Share
* Full market value = £470,000
* Example 75% share price = £352,500
* Rent = £245pcm (charged at 2,50% of the unsold equity)
* Estimated service charge = £413pcm
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
Length of lease: 990 years
Annual service charge amount: £4,048
Service charge review period: Annual
Council tax band: (C, D)
CGI are indicative only and property of Berkeley Homes. Show home images are indicative only. Travel times taken from Google Maps.
*Terms and conditions apply. Offer available for reservations on plots 207 Siena House, 308 Siena House, 407 Siena House, 205 Siena House, 305 Siena House, 602 Siena House (Block 7) only, between 1 December and 31 January 2024. Service charge paid incentive available per household. Value of incentive capped at £1,900 for studio apartments and £2,400 for 1-bed apartments. To receive the incentive, you must complete on your home by 30 March 2024. The total value of the incentive is capped as a one-off sum which will be made available by way of deduction from monies due at completion of the purchase. Additional T&Cs, affordability and eligibility criteria may apply. Not to be used in conjunction with any other offers. Speak to a member of our sales team for more details.
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*DISCLAIMER
Property reference Peabody Homes_City Angel Shared Ownership_64376_49685940-c45e-ee11-8def-002248c8e546C. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Peabody - City Angel Shared Ownership.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on June 27, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on June 27, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.