Studio apartment for sale

Available

City Angel, Siena House, 11 Bollinder Place, EC1V 2AS

£115,000 · Shared Ownership New Build

Share percentage 25%, full price £460,000, £11,500 Min Deposit.

Available
Studio
Floor plan
floor-plan
Floor plan
floor-plan
£115,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £460,000, £11,500 Min Deposit.

Monthly Cost: £1,636
Rent £734, Service charge £309, Mortgage £593*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

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Eligibility
-You may be eligible for this property if: You are at least 18 years old, Your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property--
Summary

City Angel is a collection of studio & 1-bedroom homes in Angel, placed in London’s most citing part of town

Description
In the beating heart of Zone 1, City Angel can be found on City Road, a buzzing superhighway connecting leafy, lively Angel with the tech start-ups, bars and restaurants of Old Street. Just a stone’s throw from the picturesque waterways of Regent’s Canal, living here you’ll be tucked away in a sanctuary of calm but within easy reach of all the area has to offer.
 
Residents at City Angel have access to The Regents Club, a suite of exclusive on-site amenities. Enjoy an invigorating gym session, unwind in the sauna, dive into the refreshing swimming pool, or find serenity in the yoga studio*, all just a few steps away from your front door. With even more amenities to come this year, including a games room and cinema room, City Angel ensures every day feels like a luxurious escape.
 
Everything you need is on your doorstep. Angel and Old Street tube stations are both under a 12-minute walk away. From here the UK’s biggest rail hubs, King’s Cross St Pancras International and Euston are just one or two stops away, where you can catch trains to almost anywhere in the UK as well as the Eurostar to Paris and Brussels. A 21-minute walk or short Uber to Farringdon gets you to Heathrow in as little as 36 minutes on the Elizabeth Line.

Reserve by 31 August and we’ll contribute £2,000 towards your mortgage payments!*

Studio apartments from £115,000 for a 25% share.
 
Shared Ownership cost breakdown - 25% Share
Full market value = £460,000
Example 25% share price = £115,000
Rent on the remaining unpurchased 'share' of the home = £734pcm (charged at 2.50% of the unsold equity)
Estimated service charge = £309pcm
 
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: £3,708
Service charge review period: Annual
Council tax band: (C, D)
 
Register your interest to book your viewing appointment.
 
*CGI are indicative only and property of Berkeley Homes. Show home images are indicative only. Travel times taken from Google Maps. Spa, swimming pool, sauna (reopening soon).
Particulars

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

Property Downloads
Floor Plan Brochure
Map
Old Street (0.42 miles) Angel (0.51 miles) Barbican (0.58 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.

£115,000
Shared Ownership New Build
Estimated Monthly Cost:£1,636
Rent £734
Service Charge £309
Mortgage £593

Share percentage 25%, full price £460,000, £11,500 Min Deposit. Calculated using a representative rate of 4.80%


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City Angel Shared Ownership
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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.