User House Phone Letter Wrench Coins Home Float Card Debit Lock Dashboard Print Cog Calendar Alert Download Tick

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 sq. m 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 05/11/2018

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

Location and local area

Local Transport

London Underground
Hackney Central (1.4 km)

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