Fable Apartments, 261c City Road, EC1V 1AP
Summary
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This stylishly-presented apartment is on the fifth floor and has a reception room with floor-to-ceiling windows and an open-plan kitchen with pale units and a contrasting, dark worktop. The bedroom includes a built-in wardrobe and there is an additional storage/utility cupboard in the hallway. The bathroom is spacious and attractive. Fable Apartments is part of a modern development, with smart communal areas and residents' cycle store, located alongside City Road Basin. Well insulated walls, high performance glazing and a communal heating and hot water system make for very good energy-efficiency ratings. Residents of the development can make use of a high-spec gym/spa at a low monthly cost. Nearby Graham Street Garden provides pleasant outside space, Angel and Old Street are only a short walk away and the heart of The City is within easy reach.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £425,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/bdhkncdr]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/11/2015).
Minimum Share: 35% (£148,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £794.73 per month (subject to annual review)
Service Charge: £302.27 per month plus optional £30pcm for gym/spa (both figures subject to annual review).
Ground Rent: £250.00 for current year.
Guideline Minimum Income: Dual £64,000 | Single £73,800 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Islington. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
Local area information
- Angel Underground Station (0.7km)
- Old Street Rail Station (0.8km)
- Old Street Underground Station (0.8km)
- Barbican Underground Station (1.1km)
- Essex Road Rail Station (1.2km)
- Farringdon (1.2km)
- Farringdon Underground Station (1.2km)
- Farringdon Rail Station (1.2km)
- Moorgate Rail Station (1.4km)
- Moorgate Underground Station (1.5km)
- Hoxton Rail Station (1.5km)
- Chancery Lane Underground Station (1.7km)
- St. Paul's Underground Station (1.7km)
- Shoreditch High Street Rail Station (1.7km)
- Liverpool Street Underground Station (1.7km)
- Liverpool Street (1.7km)
- London Liverpool Street Rail Station (1.7km)
- London Kings Cross Rail Station (1.8km)
- Haggerston Rail Station (1.8km)
- King's Cross St. Pancras Underground Station (1.8km)
Disclaimer
Monthly cost calculator
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable.