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Central London Shared Ownership Launch This Weekend

Posted 8 September 2023 by Keith Osborne

Peabody New Homes unveils more Shared Ownership apartments off City Road on Saturday 9 September...

Providing buyers with the chance to spread their wings in one of Islington’s most exciting neighbourhoods, Peabody New Homes is preparing to launch the second phase of its City Angel development on Saturday 9 September.

Set at Berkeley’s iconic 250 City Road development, City Angel is a collection of 100 studios and one-bedroom apartments available to purchase through the Shared Ownership scheme. Contemporary kitchens feature high-quality integrated appliances, composite stone worktops and high gloss handleless units. Inviting living areas are the ideal spot to unwind and can create a productive work-from-home space. Bathrooms feature large-format Porcelanosa stone tiles to the walls and floors, white baths and chrome fittings, as well as over-bath clothes driers. Energy-efficient underfloor heating throughout ensures that rooms are kept toasty during the cooler months. Each home also features private outdoor space.

Residents at City Angel can enjoy a variety of on-site amenities, such as a fully-stocked gym, a swimming pool and a sauna. Due to open in 2024 are a business lounge, screening room and games/reading room. There are shared outside places too, and many apartments overlook the impressive Wi-Fi-enabled podium garden, offering green views and providing further space to relax and socialise.

CGI of City Angel interiorCGI of City Angel interior

Terence O'Connor, head of sales and marketing for City Angel, commented: “City Angel is designed for those looking for balance in life. Boasting all the convenience of London living, City Road is in a thriving Zone 1 location just a stone’s throw from Tech City and Central London. For a breath of fresh air, City Angel forms part of Berkeley’s 250 City Road development meaning homes are part of a tranquil haven designed around 1.9 acres of green space. Providing the perfect setting for buyers looking to enjoy the best of both worlds, we expect that this next phase of homes at City Angel will prove to be incredibly popular and would urge interested buyers to register their details with us as soon as possible.”

Angel has a vibrant social scene meaning buyers at City Angel can enjoy everything from vintage boutiques in Camden Passage to classic British pubs and artisanal cafes in Upper Street. The area is set to welcome a new central plaza filled with shops, cafés, restaurants, and creative workspace.

City Angel is an 11-minute walk from both Angel Underground station and just 10 minutes from Old Street Station. From Angel, King’s Cross can be reached in just two minutes on the Northern line, whilst those looking to enjoy new high-speed connections on the Elizabeth line can reach Farringdon in four minutes. London Bridge is only six minutes from Angel, providing further options for commuters.

Prices at City Angel start from £117,500 for a 25% share of a studio apartment (full market value £470,000) and from £153,750 for a 25% share of a one-bedroom apartment (full market value £615,000). Find out more from Peabody New Homes.


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