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New build homes cut energy costs by up to 47%

7th August 2012 Print
Highbury Park

Family Mosaic highlights how living in today’s new homes developments such as Highbury Park in Islington could create annual home savings of around 55% on gas and electricity spending – that’s over £1,300 in today’s market, according to the NHBC Foundation and Zero Carbon Hub.

Family Mosaic’s exquisite new development at Highbury Park is offering a rare opportunity to purchase truly deluxe, boutique hotel-style spec apartments at an affordable price that could be 47% cheaper to run against traditional upgraded Victorian homes.

The development at 85 Highbury Park, London N5, is taking shared ownership to the next level offering the ultimate in aspirational living from just £91,000 for a 35% share in a one bedroom property. This is in grand contrast to the average one bedroomed apartment price in Islington averaging around £325,000!

The one bedroom apartments have the highest-quality finish, often associated with chic hotels and high end properties. The sleek bathrooms have contemporary features such as waterfall taps, square shower heads and polished ceramic wall and floor tiles. The fully fitted kitchens are complete with glossy latte cabinetry, sparkling white Corian work surfaces and a range of integrated appliances. In addition, to complete the luxurious finish, there is wide plank oak flooring in the kitchen and underfloor heating through each apartment.

The apartments are also more environmentally friendly and cost-effective to run and maintain. Energy efficiency measures include high levels of insulation, low-voltage lighting, A-rated appliances, renewable energy technology and combined heat and power (CHP, which captures - rather than wastes - heat produced by electricity generation)

Highbury Park is one of Islington’s most attractive areas, a leafy enclave of residential streets developed in the 19th century. Highbury Park itself boasts several terraces of shops, cafes and small restaurants, providing quality and convenience on the doorstep. Just around the corner is the Emirates Stadium, home of Arsenal Football Club, making Family Mosaic’s development a must for Arsenal fans.

More practically minded buyers will prefer the nearby tube stations at Arsenal and Highbury & Islington (both on the Piccadilly line, providing access to the heart of the West End in minutes, and further on to Heathrow Airport) and the railway stations at Highbury & Islington and Canonbury, offering services to Docklands and south to New Cross and Croydon.

Family Mosaic’s apartments at Highbury Park are available under shared ownership, which allows purchasers to buy the share of their home that they can afford (at least 35%), and pay a subsidised rent on the remaining share of the property. They can increase their share by 10% at any time, right up to 100%.

Prices for a one bedroom apartment start from £91,000 for a 35% shared based on a full market value of £260,000. For further information, visit familymosaicsales.co.uk.

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Highbury Park