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Marlborough Road - Third Floor

Shared ownership

180 Marlborough Road, Islington, N19 4NL

For sale
Shared ownership
Photo of Marlborough Road - Third Floor
Live from space album cover

from

£288,750

with min. deposit

£28,875

75% Share from
£288,750
Full market price
£385,000
Minimum deposit
£28,875
Monthly rent
£144
Monthly service charge
£119

1 bedroom flat

Viewings available | Register your interest today to book your viewing appointment.

Marlborough Road is a one-bedroom property, located on the third floor in a three storey block built around 2008 and has an approximate size of 45.52 sq. meters. The time remaining on the lease is 111 years.

There are good transport links with Upper Holloway Station 0,4 miles and Archway 0.6 miles away. Local buses serve the area and the night buses links to Central London.

Local amenities are located 0.2 miles away along Hornsey Road. For leisure and enjoyment, Bars and Restaurants are within 0.3 miles. Finsbury Park and Hampstead Heath are within walking …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor3rd floor
Tenureleasehold

from

£288,750

with min. deposit

£28,875

75% Share from
£288,750
Full market price
£385,000
Minimum deposit
£28,875
Monthly rent
£144
Monthly service charge
£119
Peabody

Peabody

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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