Family Mosaic offers the essence of affordable city living
The very essence of cool city living is the impetus behind Family Mosaic’s newly launched collection of chic one and two-bedroom apartments on Goswell Road, EC1. At a later date, there will also be a three bedroom duplex available at the development located on Friend Street.
With a minimum share purchase of 35%, that means prices at Essence start at just £95,375 for a one-bedroom home, compared with an average price of £339,000 for similar-sized properties in EC1 (according to nestoria.co.uk).
Building on the recent success of Reflections, a flagship development also located in Islington which proved extremely successful with buyers, Essence is a great addition to both Family Mosaic’s portfolio and the property market in this fashionable area. Not only do the majority of the 4 one-bedroom, 6 two-bedroom and 1 three-bedroom properties have en-suite facilities to the master bedroom, they also all boast the sleek style, thoughtful design and high-end finish that you’d expect in a highly sophisticated development. Also with Angel underground station just around the corner, the dazzle of the West End is mere minutes away by tube.
Best of all, buying into this enviable cosmopolitan lifestyle is genuinely affordable, because properties at Essence are available through shared ownership. This means that you buy the share of your home that you can afford, and pay a subsidised rent on the remaining share of the property.
Lauren Nicholson, Head of Marketing at Family Mosaic comments: “Essence is superbly placed for that must-have combination of convenience and urban glamour. The fabulous apartments on offer reflect the aspirations of the people who choose to make this fashionable area their home.”
Buyers at Essence will be impressed to find the properties have been finished to an excellent specification, with contemporary chrome bath and shower fittings by Grohe that are also featured in several luxury Miami South Beach hotels! This cool city style is also mirrored in the fully fitted kitchens which are complete with high gloss white cabinetry, slate laminate work surfaces and a great range of integrated appliances.
Additional features include ceramic wall and floor tiling in the bathrooms, oak finish timber flooring throughout the rest of the apartments and video entry phones.
The glamour continues outside. All the properties have private balconies or terraces, while the duplex, spread over the ground and lower-ground floors, has its own patio garden. There is also a landscaped internal atrium garden and some of the top floor apartments enjoy views of Sadlers Wells Theatre, the Barbican Centre and BT Tower!
The Angel, Islington is a short walk away, with a tempting array of shopping and leisure opportunities. The N1 Centre contains many high street fashion stores, alongside cafés, restaurants, a multi-screen cinema and the O2 Academy music venue. Other nearby shops include Marks & Spencer, Sainsbury’s and Waitrose, while the surrounding network of streets contains an enticing mix of antique and curio shops, street markets, gourmet restaurants, cafés, boutiques and bars.
Top-rate local cultural amenities include the Almeida and Sadler’s Wells Theatres, offering a programme of world-class drama, opera and dance. More leisurely pursuits may be found in the tranquil setting of the Regent’s Canal, which is within easy walking distance.
The City’s square mile is less than a mile from Essence’s front door - renowned landmarks, great shopping, a buzzing nightlife and the cultural hub of the Barbican nearby. Plus a short trip in the other direction, the West End contains internationally renowned galleries and the world’s most exciting theatre scene.
Under shared ownership, purchasers buy a minimum of 35% and may increase their share by 10% at any time, all the way to 100%. To be considered for the scheme, you will need to be earning less than £60,000 a year; priority will be given to applicants either living or working in the London Boroughs of Barnet, Camden, Enfield, Haringey, Islington and Westminster. Additional priority is given to council and Housing Association tenants and Islington residents.
Prices at Essence range from £95,375 for a 35% share of a one-bedroom apartment with a full market value of £272,500; to £123,750 for a 25% share of the three-bedroom duplex with a full market value of £495,000.
For further information, visit familymosaicsales.co.uk.
