2 bed flat for sale

St Pancras Way, London NW1

Shared ownership (Advertised price represents 50% share. Full market value £625,000). A rare opportunity to purchase a shared ownership apartment in such an enviable location. The beautifully-presented property is on the fourth floor and has been redecorated by the current owners. Updated features include an attractive new kitchen and a bathroom with large-format, bianco carrara style wall and floor tiles. There are two spacious double bedrooms and the apartment faces rearwards, overlooking Regent's Canal. Well insulated walls, modern double glazing and gas central heating make for a very good energy-efficiency rating. Camden Road (London Overground) and Camden Town (Northern Line - both branches) are the nearest stations plus King's Cross and St. Pancras International are only a short walk away offering an exceptional array of destinations. A wide variety of places to eat out can be found in the local area and the green spaces of Regent's Park and Primrose Hill are also within easy reach.

Additional Information 1

Interested parties are required to complete the shared ownership common application form []

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Additional Information 2

Housing Association: A2Dominion.Tenure: Leasehold (125 years from 31/08/2007).
Minimum Share: 50% (£312,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £695.04 per month (subject to annual review).
Service Charge: £194.64 per month (subject to annual review).
Guideline Minimum Income: Dual £84,200 (based on minimum share and 20% deposit £62,500) | Single £81,200 (minimum share, 35% deposit £109,375).
Council Tax: Band D, London Borough of Camden. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.

Additional Information 3

What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.

Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.

Reception

14' 6" x 10' 1" (4.42m x 3.08m)

Kitchen

10' 9" x 7' 3" (3.27m x 2.22m)

Bedroom One

15' 1" x 8' 7" (4.60m x 2.61m)

Bedroom Two

11' 10" x 8' 10" (3.60m x 2.68m)

Bathroom

7' 5" x 6' 6" (2.26m x 1.97m)