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Flat 29, Bunning Way, Islington, London, N7 9UP

Shared ownership

Bunning Way, London, N7 9UP

Sold
Shared ownership
Photo of Flat 29, Bunning Way, Islington, London, N7 9UP
Live from space album cover
Sold out. Register interest for more information
53% Share from
£251,750
Full market price
£475,000
Minimum deposit
£12,588
Monthly rent
£242
Monthly service charge
£86.06

2 bedroom flat

This property is in an amazing location in Central London without feeling like you are in the city. You enter the flat through its own private entrance in the front garden. The flat is a two bed maisonette that benefits from an allocated parking space in the residential car park. 
The two bedrooms are very large for this type of flat and leave you with plenty of room for storage with one being on the second floor next to the large bathroom that also has a large storage cupboard hidden in the back. The living area when you enter the flat has high ceilings and large windows that let in lots of natural light making the room feel airy and open. …

Features

On street/resident parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area70.6
Number of floors2
Entrance floor1st floor
Tenureleasehold
Lease years151
EER Current69
EER Potential69
EIR Current51
EIR Potential51
Sold out. Register interest for more information
53% Share from
£251,750
Full market price
£475,000
Minimum deposit
£12,588
Monthly rent
£242
Monthly service charge
£86.06
Complete Moves

Complete Moves

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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