SHARED OWNERSHIP

Landsdowne Court - Third Floor

SHARED OWNERSHIP

Landsdowne Court - Third Floor

Register interest

Register your interest today to book your viewing appointment.

This well-proportioned, two-bedroom flat, located on the third floor in a four-storey apartment block has an approximate size of 60 sq. m. and 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: Various bus routes into central London

The property located on the third comprises:

  • Entrance: Hallway with a boiler cupboard.Video phone entry system.
  • Kitchen: White units, dark brown worktops, integrated appliances. Ample cupboard storage. High quality laminated flooring. Zanussi appliances
  • Living area: Bright and spacious living area with garden view. High quality laminated flooring.
  • Bedroom one: Double bedroom. Wool Carpeted flooring. Garden View
  • Bedroom two: Double bedroom. Wool Carpeted flooring. Garden View
  • Bathroom: White bathroom suite with bath/shower, hand washbasin and WC. Tiled around the bath/shower, hand washbasin and WC. Tiled flooring.
  • Outside: Private balcony and secure cycle storage.

What happens after I register my interest?

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 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: £250
  • Ground rent review period: 1st January annually
  • Annual service charge amount: £1,855.32
  • Service charge review period: 1st April annually
  • Council tax band: Band D

Floorplan

floorplan

Financials*

Full Value

£490,000

Share Price

£220,500

Share Value

45%

Monthly Cost

£1,492

Monthly Mortgage

£947

Monthly Rent

£387

Monthly Service Charge

£158

Minimum Household Income

£54,000

Maximum Household Income

£90,000

Deposit Required

£22,050

*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.