Shared Ownership Week – new phase of part-buy/part-rent homes released in Islington

Posted 19 September 2016 by Keith Osborne

A major regeneration scheme in the London Borough of Islington is now offering another group of new apartments for sale under Shared Ownership...

This month sees the launch of a brand new phase of Shared Ownership homes at The Batten, a popular canalside development in the heart of Islington from Hyde New Homes.

The Batten is part of the Packington Square regeneration area, which is now in its eighth year and has four of its six phases complete, with 587 homes built. Another 204 apartments are due to be completed by the end of 2018, and the project will also introduce new shops and a community centre.

These new two-bedroom homes come complete with a balcony or private terrace with attractive views over the landscaped gardens. Prices start at £129,375 for a 25% share of a one-bedroom apartment, with full market price valued at £517,500.

Debbie Small, sales and marketing director at Hyde New Homes, says: “There is a lot of interest from local Londoners in this development. It is a fantastic Shared Ownership opportunity because of its brilliant location in the heart of Islington. With all the local amenities Islington has to offer, it’s great to be able to provide further affordable homes in this area.”

Packington Square is only a minute’s walk from Regent’s Canal, a popular walking and cycling route through the heart of London that picturesquely avoids the capital’s busy transport network. Also near to the development is Highbury Fields, one of the borough’s top recreational spots.

Islington is well served by London Transport, with Essex Road rail station, Angel Underground and Highbury & Islington joining Tube and Overground.

Find out more at ; 0345 606 1221

Your guide to Shared Ownership from WhatHouse? is free to download.

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