Shared Ownership is a type of affordable homeownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.
Please note: Eligibility criteria may vary per housing association and therefore you should always check the exact criteria with the developer or housing association responsible for the exploitation of the project.
We checked the information and the developer's representatives confirmed that units in this residential complex can be purchased by using a mortgage.
Located in Islington, a borough in inner London that borders with the City, King Square is nestled in a vibrant area near City, University of London. Due to the thriving student community nearby, the neighbourhood is filled with small cafes, cosy coffee shops, art galleries, libraries, coworking spaces, leisure clubs, theatres, and other educational institutions.
Moreover, the new residential complex is surrounded by numerous green spaces. Apart from King Square Gardens with a playground and beautiful greenery, the complex is 5 minutes away from St. Luke's Garden, a leafy area with an 18th-century church and tree-shaded benches to take a break from the buzzing streets. Another green sanctuary a short walk away is Shoreditch Park. It features an adventure playground, an outdoor beach volleyball court, a climbing rock, football and rugby pitches, and an amphitheatre.
In addition, the area is home to a number of museums and landmarks, including St. Paul’s Cathedral, Museum of London, Guildhall, Charles Dickens Museum, and Shoreditch Church.
King Square is provided with amazing transport links. It takes 2 minutes to reach City Road, part of the London Inner Ring Road that embraces the centre of the capital and provides access to all major roads that run through central London.
The two mid-rise rectangular buildings stand alongside each other with the landscaped courtyard in between. The façade of the lower floors exhibits warm Belgium brickwork with enormous floor-to-ceiling windows, inset sheltered balconies, and glass balustrades, while the top levels take less space due to generous terrace spaces and feature grey corrugated slates, resembling a stylishly redesigned warehouse with huge Norwegian windows that ensure great acoustics and thermal insulation.
The beautifully landscaped private gardens, sheltered from the outside world by the buildings, provide a lovely green retreat for residents to stroll around. Families with young children will be delighted to know that Kind Square provides a play area close to the gardens. In addition, there is a secure covered storage for bicycles.
Moreover, the new residential complex designates some space for on-site retail outlets.
The two buildings at King Square offer 42 units in total, including one-, two-, and three-bedroom apartments.
The fully-fitted kitchens come with contemporary Silestone quartz worktops and splashbacks, illuminated by under-unit LED lighting, that create a warm, cosy atmosphere alongside the engineered oak flooring. To provide residents with everything needed, each kitchen is equipped with integrated Bosch appliances, including an oven, a hob, a dishwasher, a washer-dryer, an extractor fan, and a fridge/freezer.
The minimalistic light-coloured bathrooms feature a Kaldewei bath with Hansgrohe taps and showerheads, a mirrored vanity storage, and Duravit sanitaryware. The floor and walls are covered with Domus and Mutina ceramic tiles.
Environmentally-conscious, the new complex is connected to a cheaper and greener local heat network.
King Square is a project of the London Borough of Islington. The council aims to provide affordable, high-quality, and secure housing throughout the area of the borough. Opting for the residential-led approach, Islington works to increase the number of residencies and prevent homelessness while providing various options and well-maintained places for Londoners to live.
For more information on King Square, please visit the official website of the developer.