Summary - 508 Flat 4, 317 Essex Road, Islington, N1 2EE N1 2EE
1 bed 1 bath Flat
Shared-ownership chance for an affordable city foothold near amenities and transport.
East–south facing aspect, strong natural light
This bright one-bedroom first-floor apartment benefits from an east–south aspect, flooding the open-plan living and dining area with morning and afternoon light. Double doors open onto a Juliet balcony, and the fitted kitchen includes integrated oven, hob and extractor fan. The principal bedroom is generous and the entrance hallway offers two good storage cupboards.
The property is offered as shared ownership (minimum 30% purchase — £120,000) with a full market value of £400,000. Monthly costs for the 30% share are shown as rent £697.51 and service charge £112.18; council tax band C is relatively inexpensive. The flat is on a long lease (about 104 years remaining) and has central heating, double glazing and lift access.
Practical positives include mains gas heating, fast broadband, excellent mobile signal and no flood risk. The building dates from 2003–2006 and the apartment has an EPC rating of C. Local amenities and good transport links put shops, cafés and several schools within easy reach.
Be clear about location-related drawbacks: the area records high crime and is in a very deprived local authority area. Prospective buyers should factor ongoing service charge and rental payments into affordability calculations and inspect the neighbourhood at different times of day to judge suitability.
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