SHARED OWNERSHIP
Crest Building
(Share Price (30%) - £225,000
Full Value Price £750,000
SHARED OWNERSHIP
Crest Building
(Share Price (30%) - £225,000
Full Value Price £750,000
Crest Buildings is a beautiful must-see two double-bedroom apartment with private balcony located on the first floor in a block built in 2017. The approximate size of the flat is 76 sq. m. and the lease remaining on the property is 119 years.
A stroll across the canal leads to Angel Central mall, Upper Street’s household names, a large Waitrose and the old High Street’s antique and design shops. In the other direction, Shoreditch bursts with the latest fashions, vintage designs and various culinary discoveries all of which are waiting to be unearthed in Boxpark.
800 year-old Smithfield market has inspired many restauranteurs to make their home here. Michelin-starred St John’s ‘nose to tail eating’ is legendary. Equally, the Modern Pantry offers an elegantly eclectic counterpoint to the hipster charm of burger utopia MEAT mission.
After-work mainstays Hoxton Square and Magic Roundabout rub shoulders with the exclusive phone-ahead Nightjar speakeasy. Traditional pubs, such as The Earl of Essex, are as celebrated as the Georgian-period hotel and cocktail lounge, The Zetter Townhouse. And between the 02 Academy Islington, Fabric nightclub and the iconic venues scattered around nearby King’s Cross — music als sits at the heart of N1’s nightlife.
Few things are finer than a walk along the picturesque Regent’s Canal. Stretching from Paddington to Limehouse, many of its narrow boats are casually moored as impromptu cafes or galleries. The Old Truman Brewery, though, stands tall as the neighbourhood’s gallery of choice. And for the professionally focused, the London Design Festival sprawls across numerous local venues every year.
The property located on the first floor comprises:
Walls and ceiling finished in white matt emulsion, oak grey timber floor to living areas and hallway, touch of velvet Dixie Home carpet to all bedrooms, built-in wardrobe with mirrored doors to master bedrooms, full-height white flush internal doors, antique bronze door knobs to internal doors, underfloor heating throughout, recessed downlights throughout, Zanussi free-standing washer/dryer in hallway cupboards, video door entry system, code for sustainable homes level 4, 10-year NHBC warranty and sprinklers throughout
Handleless, matt finish kitchen units with glacier white Corian worktop and matching splashback, Miele built-in combi microwave and oven, Miele 5-zone induction hob, caple wine cabinet, Electrolux integrated dishwasher, Electrolux integrated fridge/freezer, Corian one and a half bowl sink with brushed
chrome 3 in 1 boiling mixer tap.
Built-in Corian sink with chrome mixer taps, wall-hung WC with concealed cistern, square bath with frameless bath screen and chrome Hansgrohe shower set, heated towel rail, mirror and wall cabinet above WC, large format wall and floor tiles.
EN-SUITE
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 enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
Financial information
Tenure: Leasehold
Remaining lease term: 119 Years
Annual ground rent amount: TBC
Ground rent review period: TBC
Annual service charge amount: £3,052.80
Service charge review period: 1st April annually
Council tax band: Band F
Financials*
Full Value
£750,000
Share Price
£225,000
Share Value
30%
Monthly Cost
£1,683
Monthly Rent
£1,428
Monthly Service Charge
£254
Minimum Household Income
£90,000
Maximum Household Income
£90,000
Deposit Required
£75,000
*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.
Location
Crest Buildings, 37 Wharf Road, London, Islington, N1 7GY Open in Google Maps