Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

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Cottage Road, 1 bed homes


3 Cottage Road, London, Islington, N7 8TP

Shared ownership

Starting prices

55% share from
£214,500
Full price
£390,000
Minimum deposit
£10,725
Monthly rent
£336
Monthly service charge
£169

Overview

A well-presented one bedroom apartment set within a modern purpose-built storey building. The accommodation comprises; one double bedroom, bathroom/WC, open plan kitchen/reception room with windows overlooking the courtyard and great views beyond. The building benefits from lifts serving all floors, entry phone system and gas central heating.

Gross internal area: 514sq.ft /47.8 sq.m
Lease Term: 87years (approx.)


Local area information

There is access to local amenities with close proximity to Caledonian Road and Holloway Road underground Stations (Piccadilly line) providing quick and excellent transport links to and from the City and London’s West end. The London Metropolitan University and the Emirates Stadium (Arsenal Football Club) is just a few minutes away.


Housing Provider

Newlon
Shared ownership

Starting prices

55% share from
£214,500
Full price
£390,000
Minimum deposit
£10,725
Monthly rent
£336
Monthly service charge
£169