The City Angel SO

1 bedroom homes in City Road, Islington, Islington, EC1V 8AS

Tenure Shared ownership
What is Shared Ownership?
Availability Reserved
Min share price from £170,250 for 30% share
Full price from £567,500
Min deposit from £17,025
Monthly rent from £662
Service charge from £223
Bedrooms 1
Bathrooms 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Shared Ownership: All properties are now reserved

The City Angel is a collection of 70 apartments, available through shared ownership, offering prime urban living at an affordable level in the most exciting part of town.

The City Angel is in Berkeley’s landmark new development 250 City Road. A thriving new quarter designed by Foster + Partners with secluded green spaces, shiny new shops and stunning residences. In the beating heart of Zone 1, City Road is a buzzing superhighway connecting leafy, lively Islington with the tech start-ups of Old Street.

Each one of the 70 studios and one-bed apartments is designed to a high specification, with interiors geared towards convenient modern living for you to put your stamp on.

Local area information

The City Angel is just a ten minute walk west from Old Street and 15 minute walk east from Angel. One or two stops from Angel are the UK’s biggest rail hubs, King’s Cross, St Pancras International and Euston. A few stops south and you’re at London Bridge: the Shard, Borough Market, trains to Gatwick. Or the Jubilee line to Canary Wharf for that morning meeting. The City Angel is all about connections and convenience.

Status Plot No. Floor Beds Min share price Eligibility
Available 18 TBC 1 £128,250 View details
Available 9 First Floor 1 £170,250 View details
Available 15 TBC 1 £171,000 View details
Available 15 N/A 1 £171,000 View details
Reserved 1 TBC 1 £127,500 View details
Reserved 5 TBC 1 £127,500 View details
Reserved 7 TBC 1 £127,500 View details
Reserved 10 TBC 1 £127,500 View details
Reserved 11 TBC 1 £127,500 View details
Reserved 16 TBC 1 £128,250 View details
Reserved 17 TBC 1 £128,250 View details
Reserved 21 TBC 1 £128,250 View details
Reserved 22 TBC 1 £128,250 View details
Reserved 23 TBC 1 £129,000 View details
Reserved 24 TBC 1 £129,000 View details
Reserved 28 TBC 1 £129,000 View details
Reserved 29 TBC 1 £129,000 View details
Reserved 33 TBC 1 £129,000 View details
Reserved 34 TBC 1 £129,750 View details
Reserved 39 TBC 1 £129,750 View details
Reserved 40 TBC 1 £129,750 View details
Reserved 43 First 1 £129,750 View details
Reserved 44 First 1 £129,750 View details
Reserved 45 First 1 £130,500 View details
Reserved 50 First 1 £130,500 View details
Reserved 51 First 1 £130,500 View details
Reserved 55 First 1 £130,500 View details
Reserved 61 First 1 £131,250 View details
Reserved 62 First 1 £131,250 View details
Reserved 65 First 1 £131,250 View details
Reserved 2 TBC 1 £170,250 View details
Reserved 3 TBC 1 £170,250 View details
Reserved 4 First 1 £170,250 View details
Reserved 9 TBC 1 £170,250 View details
Reserved 13 TBC 1 £171,000 View details
Reserved 14 TBC 1 £171,000 View details
Reserved 20 TBC 1 £171,000 View details
Reserved 26 TBC 1 £171,750 View details
Reserved 30 TBC 1 £171,750 View details
Reserved 31 TBC 1 £171,750 View details
Reserved 32 TBC 1 £171,750 View details
Reserved 35 TBC 1 £172,500 View details
Reserved 37 TBC 1 £172,500 View details
Reserved 42 TBC 1 £172,500 View details
Reserved 46 First 1 £173,250 View details
Reserved 48 First 1 £173,250 View details
Reserved 53 First 1 £173,250 View details
Reserved 57 First 1 £174,000 View details
Reserved 64 First 1 £174,000 View details
Reserved 8 TBC 1 £176,250 View details
Reserved 19 TBC 1 £177,000 View details
Reserved 25 TBC 1 £177,750 View details
Reserved 41 TBC 1 £178,500 View details
Reserved 52 First 1 £179,250 View details
View More

FAQ's

Min share price from: £128,250 for a 30% share
Full price from: £427,500
Minimum deposit from: £17,025
Monthly rent from: £499
Bedrooms: 1
Bathrooms: 1

There are 4 available ranging from £128,250 for a 30% share to £171,000 for a 30% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

The City Angel SO

1 bedroom homes in City Road, Islington, Islington, EC1V 8AS

Tenure Shared ownership
What is Shared Ownership?
Availability Reserved
Min share price from £170,250 for 30% share
Full price from £567,500
Min deposit from £17,025
Monthly rent from £662
Service charge from £223
Bedrooms 1
Bathrooms 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes