SHARED OWNERSHIP

Landsdowne Court - Second Floor

SHARED OWNERSHIP

Landsdowne Court - Second Floor

Register interest

Register your interest today to book your viewing appointment.

This two-bedroom flat, located on the second floor in a four storey apartment block has an approximate size of 58.4 sq. m. The lease remaining on the property is 115 years.

There are good transport links with Archway station providing links to Central London. Local buses around Upper Holloway and Islington serve the area.

Local amenities are located 0.5 miles away along Holloway Road with Elthorne Park nearby. For leisure and enjoyment, shops, bars, and restaurants are near Archway, Crouch End, and along Stroud Green Road.

  • Nearest Station: Archway
  • Bus routes nearby: Upper Holloway Station (Stop S) - 0.2 miles away - 17, 43, 263, 271, N41 

The property located on the second floor comprises:

  • Entrance: Separate utility room with washer/dryer.Video phone entry system. Oak wood medium flooring.
  • Kitchen: Open plan. White, modern laminate units, dark wood worktops, integrated Zanussi dishwasher, and fridge, in excellent condition. Medium oak flooring.
  • Bedroom one: Double bedroom. Fitted wardrobe. Wool Carpeted flooring.
  • Bedroom two: Double bedroom. Wool Carpeted flooring.
  • Bathroom: White bathroom suite with bath/shower, hand wash basin, and WC. Partially tiled around the bath/shower, hand washbasin, and WC. Heated towel rail. Boxed in sink and large mirror. Marble effect tiled flooring.
  • Outside: Private terrace, secure cycle storage, and communal garden.

What happens after I register my interest?

After registering your interest in 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 peabody.resales@peabody.org.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: 115 Years
  • Annual ground rent amount: Not payable until final staircase at £250 per annum  
  • Ground rent review period: 1st April annually
  • Annual service charge amount: £1,876.68
  • Service charge review period: 1st April annually
  • Council tax band: Band D

Floorplan

floorplan

Financials*

Full Value

£465,000

Share Price

£162,750

Share Value

35%

Monthly Cost

£1,300

Monthly Mortgage

£670

Monthly Rent

£474

Monthly Service Charge

£156

Minimum Household Income

£46,000

Maximum Household Income

£90,000

Deposit Required

£16,275

*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 sales team for more details.

Location

Landsdowne Court, 161 Fairbridge Road, London, Islington, N19 3HS Open in Google Maps

map

Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

Next steps

To book a property viewing, please register your interest and we will email you details on how to book online. Alternatively you can get in touch directly with our Resident Sales Team using the link below.

Register Your Interest...

Before submitting your details, please read the terms and conditions, and read how we will use your personal information as described in the privacy policy.