£115,000

Studio flat for sale

250 City Road, Islington EC1V
studio Flat studio Flat
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Property description

Discover City Angel - Own in Zone 1 from just £1,435 per month! Now over 90% sold City Angel is a brand-new collection of studio apartments in Islington for those beginning to spread their wings in London’s most exciting part of town.
All homes feature contemporary kitchens, modern fittings and fixtures, with underfloor heating throughout. Spacious living areas are connected to private outside space with many homes overlooking the landscaped communal podium garden, providing the perfect environment for relaxation.
Residents of City Angel benefit from access to The Regents Club, an exclusive suite of luxurious on-site facilities including a gym, spa, swimming pool, sauna, steam room, yoga studio, concierge, business and residents' lounges, reading room, games room, and screening room for a private cinema-style experience.

Plus, benefit from excellent transport links with Old Street and Angel Stations both just a 10-minute walk away serving the Victoria, Northern and Elizabeth lines as well as Overground and National Rail services.

Why buy at City Angel?
- Spacious, open-plan living
- Fully integrated kitchens and bathrooms
- Private balcony
- Well-connected Zone 1 location, close to Old Street and Angel stations
- Residents’ gym, spa, swimming pool, sauna, yoga studio, concierge & more
- Four different layouts to suit your preference - we have a show home for each but we're down to the final few remaining homes of this layout type. Register your interest to book your viewing. Why pay £2,150 every month renting a studio when you can own your own space for significantly less? At City Angel, you’ll save over £700 a month compared to average rents in the area.* Plus, this includes access to luxurious residents-only amenities including a gym, pool, and sauna - all yours to enjoy! Shared Ownership cost breakdown - 25% share*
- Full market value = £460,000
- 25% share price = £115,000- Deposit required = £28,750
- Estimated monthly mortgage = £522pcm- Estimated monthly rent = £604pcm
- Estimated monthly service charge = £309pcm Financial information
Tenure: Leasehold
Length of lease: 990 years
Annual service charge amount: £3,710
Service charge review period: Annual
Council tax band: (C, D) What is Shared Ownership?Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.

What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.

Register your interest or search “Peabody New Homes Shared Ownership” to find out more. Disclaimers & T&Cs*Amenity CGIs are indicative only and property of Berkeley Homes. Cinema room coming soon.*Travel times taken from Google Maps.*Shared Ownership cost breakdowns and financial information provided is estimated and will differ based on individual circumstances and the specific home reserved. *Monthly cost is a comparison between the estimated monthly cost of buying at City Angel against the 12 month average rent for a studio apartment within 0.5 miles of EC1V 2AS. Source: REalyse. Figures correct as of June 2025.
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250 City Road, Islington EC1V

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Peabody - City Angel Shared Ownership City Angel 250 City Road, Islington EC1V 8DJ
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Peabody - City Angel Shared Ownership. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Peabody - City Angel Shared Ownership for full details and further information.
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