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%.
Read more about Shared ownership (Opens in new window)
Marlborough Road - Third Floor, 1 bed homes
The property located on the third floor comprises:
Entrance: Hallway witha video entry phone system leading to;
Living Room / Kitchen (7.3m x 4.0m): Spacious living area with a large storage cupboard, lots of natural light and full length window leading toa modern open plan kitchen. Carpeted flooring.
Kitchen: White base and wall units with dark grey worktop and tile back splash and stainless-steel behind hob. Integrated hob, oven. Large windows, space for a dining table. Light grey linoleum flooring
Bedroom One: Double Bedroom. Woolmix carpeted flooring.
Bathroom: White suite comprising panelled bath with overhead shower area, WC and hand washbasin with shelving and mirror over. Light grey linoleum flooring.
Outside: Locked cupboard and cycle storage on ground floor
Gross internal floor area: 52m2
This assumption is made based on a household income with no loans or credit card balances. If you have a lower household income than shown, then higher deposit savings will be required.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of July 2019.
What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact email@example.com and our team will be able to help you.
Local area information
Marlborough Road is a one-bedroom property, located on the third floor in a three storey block built around 2008 and has an approximate size of 52 sq. meters. The time remaining on the lease is 114 years.
There are good transport links with Upper Holloway Station 0,4 miles and Archway 0.6 miles away. Local buses serve the area and the night buses links to Central London.
Local amenities are located 0.2 miles away along Hornsey Road. For leisure and enjoyment, Bars and Restaurants are within 0.3 miles. Finsbury Park and Hampstead Heath are within walking distance from the apartment.
Nearest Station: Upper Holloway, Archway and Finsbury Park
Bus routes nearby: 91 and 210