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4 Mildmay Park, London N1 4PE

  • 2 Bedrooms
  • 25% share available
  • Call 0203 815 1234 to book a viewing.

Two bedroom, second floor flat in the London Borough of Islington, available to buy through Shared Ownership. Full market value £570,000, 25% share available, share price £142,500.

Monthly Fees
Mortgage**: £757.54
Monthly Rent: £592.65
NHHO Service Charge*: £128.23
Notting Hill Administration Fee: £0
Council Tax: £112.58

Estimated Total (per month): £1,478.42 excluding council tax

*Service Charge payable to Notting Hill

**Estimate: The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage The rent may increase each year, the increase calculation will be specified in the lease.

£142,500 (25% share of £570,000)

Key Features

Ground floor
Intercom, entrance hall, passenger lift and stairwell

Second floor
Entrance hall, two bedrooms, bathroom and lounge/kitchen.

External
Communal garden areas

GIA
66 square metres (710.42 sq. ft ) as per RICS valuation

Accessibility rating
F – General Housing

EPC rating
C

Length of lease
109 Years

Borough
Islington

View floorplans

Eligibility

You will need to be earning a guidance income of £53,277. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £14,250. Total approximate savings required £18,250.

Important borough specific eligibility criteria

Islington
Priority will go to applicants with a connection to Islington but all applicants can apply.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Details correct as at 13/08/2018

Prices

Number of Beds 2
Full market price £570,000
Ownership 25% share available
Rent £628 pcm
Guidance household income £53,975
Status Available Now
Service charge £118.7
This development is provided by Notting Hill Sales
this development is provided by Notting Hill Sales

Notting Hill Sales is the trading name of Notting Hill Home Ownership and related companies.

Location and local area

Local Transport

London Underground
Canonbury Overground Station (0.8km)
Dalston Junction Overground Station (0.6km)

London Overground
Hackney Central (1.4km)