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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Penny Black SO, 2 bed homes


Almeida Street, Upper Street, London, Islington, N1 1AA

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Shared ownership

Starting prices

25% share from
£173,750
Full price
£695,000
Minimum deposit
£17,375
Monthly rent
£869
Monthly service charge
£335

Overview

Penny Black Apartments, N1  - First-class living

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Penny Black Apartments at Islington Square is a development of 1, 2 & 3 bed Shared Ownership apartments located in Islington, N1.


Local area information

The Islington Square development is located in the heart of the desirable borough of Islington, just off the bustling Upper Street.

It is ideally situated to the south of Highbury Fields, the largest open space in the borough, containing recreational facilities including tennis courts and Highbury Pool.

It is perfectly placed along Upper Street between Highbury & Islington rail, Overground and tube station to the north, and Angel tube station to the south.

This, coupled with an abundance of bus routes pass along Upper Street, affords residents quick and easy journeys into and around London, for commuting or simply exploring the city.


Housing Provider

Peabody
Shared ownership

Starting prices

25% share from
£173,750
Full price
£695,000
Minimum deposit
£17,375
Monthly rent
£869
Monthly service charge
£335