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%.

The City Angel SO


City Road, Islington, Islington, EC1V 8AS

Shared ownership
1 bedroom homes
30% share from
£170,250
Full price
£567,500
Minimum deposit
£17,025
Monthly rent
£662
Monthly service charge
£223

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.


Plot availability

Plot number 18
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £128,250
Full market price £427,500
Monthly rent £499
Monthly service charge £177

Kitchen

• Fully fitted cashmere coloured contemporary kitchen

• Laminate worktop and matching upstand

• Bosch integrated oven

• Zanussi integrated ceramic hob

• Bosch wall mounted chimney hood

• Zanussi integrated fridge freezer*

• Zanussi free standing washing machine (located in utility cupboard)

• Stainless steel single sink and drainer with chrome monobloc tap

• LED strip lighting under wall units

• Integrated recycling bin to kitchen cupboard
 

Bathroom

• Kaldewei white bath with matching bath panel

• Hansgrohe thermostatic bath/shower mixer

• Hansgrohe shower over bath with glass screen

• Matching Porcelanosa floor and wall tiles

• Recessed washbasin with Hansgrohe mixer tap

• Concealed WC suite with dual flush chrome push plate

• Full width, half-height mirror behind washbasin

• Chrome electric heated towel rail
 

Decoration & Finishes

• White painted walls and ceilings

• Amtico wood effect laminate flooring (halls, living areas and studio designated bed space)

• Fitted carpets to bedroom spaces (1 bedroom apartments only)

• Roller blinds to all windows
 

Electrical

• Sky Q enabled**

• Cabling for Virgin Media**

• Cabling for Hyperoptic high speed broadband**
 

Safety & Peace of Mind

• Audio/video door entry system

• Smoke and heat detectors

• 10 year NHBC Buildmark Warranty

Plot number 9
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £170,250
Full market price £567,500
Monthly rent £662
Monthly service charge £223

Kitchen

• Fully fitted cashmere coloured contemporary kitchen

• Laminate worktop and matching upstand

• Bosch integrated oven

• Zanussi integrated ceramic hob

• Bosch wall mounted chimney hood

• Zanussi integrated fridge freezer*

• Zanussi free standing washing machine (located in utility cupboard)

• Stainless steel single sink and drainer with chrome monobloc tap

• LED strip lighting under wall units

• Integrated recycling bin to kitchen cupboard
 

Bathroom

• Kaldewei white bath with matching bath panel

• Hansgrohe thermostatic bath/shower mixer

• Hansgrohe shower over bath with glass screen

• Matching Porcelanosa floor and wall tiles

• Recessed washbasin with Hansgrohe mixer tap

• Concealed WC suite with dual flush chrome push plate

• Full width, half-height mirror behind washbasin

• Chrome electric heated towel rail
 

Decoration & Finishes

• White painted walls and ceilings

• Amtico wood effect laminate flooring (halls, living areas and studio designated bed space)

• Fitted carpets to bedroom spaces (1 bedroom apartments only)

• Roller blinds to all windows
 

Electrical

• Sky Q enabled**

• Cabling for Virgin Media**

• Cabling for Hyperoptic high speed broadband**
 

Safety & Peace of Mind

• Audio/video door entry system

• Smoke and heat detectors

• 10 year NHBC Buildmark Warranty

Plot number 15
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £171,000
Full market price £570,000
Monthly rent £665
Monthly service charge £231

Kitchen

• Fully fitted cashmere coloured contemporary kitchen

• Laminate worktop and matching upstand

• Bosch integrated oven

• Zanussi integrated ceramic hob

• Bosch wall mounted chimney hood

• Zanussi integrated fridge freezer*

• Zanussi free standing washing machine (located in utility cupboard)

• Stainless steel single sink and drainer with chrome monobloc tap

• LED strip lighting under wall units

• Integrated recycling bin to kitchen cupboard
 

Bathroom

• Kaldewei white bath with matching bath panel

• Hansgrohe thermostatic bath/shower mixer

• Hansgrohe shower over bath with glass screen

• Matching Porcelanosa floor and wall tiles

• Recessed washbasin with Hansgrohe mixer tap

• Concealed WC suite with dual flush chrome push plate

• Full width, half-height mirror behind washbasin

• Chrome electric heated towel rail
 

Decoration & Finishes

• White painted walls and ceilings

• Amtico wood effect laminate flooring (halls, living areas and studio designated bed space)

• Fitted carpets to bedroom spaces (1 bedroom apartments only)

• Roller blinds to all windows
 

Electrical

• Sky Q enabled**

• Cabling for Virgin Media**

• Cabling for Hyperoptic high speed broadband**
 

Safety & Peace of Mind

• Audio/video door entry system

• Smoke and heat detectors

• 10 year NHBC Buildmark Warranty

Plot number 15
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £171,000
Full market price £570,000
Monthly rent £665
Monthly service charge £231

Kitchen

• Fully fitted cashmere coloured contemporary kitchen

• Laminate worktop and matching upstand

• Bosch integrated oven

• Zanussi integrated ceramic hob

• Bosch wall mounted chimney hood

• Zanussi integrated fridge freezer*

• Zanussi free standing washing machine (located in utility cupboard)

• Stainless steel single sink and drainer with chrome monobloc tap

• LED strip lighting under wall units

• Integrated recycling bin to kitchen cupboard
 

Bathroom

• Kaldewei white bath with matching bath panel

• Hansgrohe thermostatic bath/shower mixer

• Hansgrohe shower over bath with glass screen

• Matching Porcelanosa floor and wall tiles

• Recessed washbasin with Hansgrohe mixer tap

• Concealed WC suite with dual flush chrome push plate

• Full width, half-height mirror behind washbasin

• Chrome electric heated towel rail
 

Decoration & Finishes

• White painted walls and ceilings

• Amtico wood effect laminate flooring (halls, living areas and studio designated bed space)

• Fitted carpets to bedroom spaces (1 bedroom apartments only)

• Roller blinds to all windows
 

Electrical

• Sky Q enabled**

• Cabling for Virgin Media**

• Cabling for Hyperoptic high speed broadband**
 

Safety & Peace of Mind

• Audio/video door entry system

• Smoke and heat detectors

• 10 year NHBC Buildmark Warranty


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.

Housing Provider

Peabody
Shared ownership
1 bedroom homes
30% share from
£170,250
Full price
£567,500
Minimum deposit
£17,025
Monthly rent
£662
Monthly service charge
£223