First time buyers can reap rewards from Islington’s rising property prices
First time buyers looking to secure a property which has excellent long term growth potential should look no further than its Market Green development in Islington.
Online property portal Nestoria reports sales prices near Islington rose much faster than prices across UK - up 29.30% on average. Here, Family Mosaic is offering a collection of 16 two bedroom apartments through shared ownership, meaning even first time buyers can reap the rewards of rising values, which will see their investment grow from the moment they move in.
Lauren Nicholson, Head of Marketing at Family Mosaic comments: “Buying a property with us is about creating an aspirational yet affordable home; we do not plan our developments solely in terms of investment potential. But our policy of offering top quality homes in the best possible locations does mean that our buyers are in a good position to benefit when prices are rising. Offering stylish properties in the best locations, such as Market Green is no exception because of its superb situation in an area synonymous with style and success.”
The apartments at Market Green each have an open-plan kitchen/living room and a beautifully appointed bathroom. The properties offer all the style that is commonly associated with this fashionable area of North London, at prices that are certainly not. At Market Green, you can move in for just £99,300, based on a 30% share on a full market value of £331,000!
The sleek, chic development is situated between Islington and Camden, two of the trendiest areas in London. It brings the aspiration that synonymous with this part of North London within reach of London’s first time buyers, thanks to Family Mosaic’s shared ownership scheme, which allows purchasers to buy a minimum 30% share of the home and pay a subsidised rent on the remaining share of the property. Buyers can increase their share at any time, all the way to up 100%.
The residents of Market Green will not just be buying an enviable address; they’ll also be investing in style and quality both inside and outside their new home. Kitchens come complete with fitted Zanussi appliances, including a fan oven/grill, ceramic hob, washer/dryer and fridge/freezer, which will make moving in even more affordable. The living areas are fitted with high-quality oak laminate flooring, while the bedrooms have 80%-wool carpets throughout. With sleek white suites and a heated chrome towel rail, the bathrooms combine luxury and practicality.
An enviable city lifestyle is right on the doorstep, with the world-renowned Almeida Theatre and the famed restaurants and nightlife of this most cosmopolitan of London enclaves within walking distance. By day, the area buzzes with vibrant markets and unique shops while from nearby Caledonian Road tube station the Piccadilly Line whisks you to the excitement of the West End in minutes. One stop on is King’s Cross, with its mainline and international services providing swift access to the North and mainland Europe. A comprehensive choice of bus routes at the top of Market Road serves all the prime central London destinations, from Trafalgar Square to London Bridge; so wherever you want to work or play, Market Green is the ideal base.
But even the most dedicated urbanite needs some respite, and Market Green is perfectly placed for open-air relaxation. The green expanses of Caledonian Park — 10 acres of grass and woodland — are just up the road, while Market Road Gardens lie directly opposite the development.
Applications for the shared-ownership scheme will be considered from households earning less than £66,000 per year; priority will be given to those living or working in the London Borough of Islington.
Market Green’s two-bedroom apartments are available from £90,750 based on a full market value of £302,500. For further information, visit familymosaicsales.co.uk.
