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The Arc Building, Mildmay Park, Islington, N1


£425,000

FLAT
1 bed
SHARE OF FREEHOLD

Key features

  • 360 Viewing Tour + Video Walk Through Available
  • Open Plan
  • High Ceilings
  • Modern Bathroom
  • Fitted Wardrobes
  • Wooden Flooring
  • Communal Terrace
  • Lift Access
  • Chain Free
  • Excellent Transport Connections
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Full description

A spacious one bedroom apartment with high ceilings situated a short walk from Newington Green and De Beauvoir.

This bright one bedroom apartment offers excellent living space with an open plan kitchen / reception, a large double bedroom with built in storage and modern bathroom. The apartment benefits from high ceilings, wooden flooring, excellent storage and the use of a communal terrace which is situated on the same floor. The building also benefits from lift access.

The Arc Building has excellent transport connections from Dalston Kingsland, Dalston Junction and Canonbury Stations (London Overground) whilst also being serviced with a number of bus routes on your doorstep.

The property is being offered chain free and with vacant possession.

OWNERS THOUGHTS:

WHAT DO YOU LOVE ABOUT YOUR HOME?
I spent an incredible 10 years here during my 30s. From the moment I saw the property, I was captivated by the high ceilings, which make the space feel so much bigger and more open. The layout maximizes every inch, and the open-plan design of the main room creates clear, distinct areas for the kitchen, dining, and lounge, making it perfect for hosting friends. The wooden flooring in the main living area is also a standout feature. The bedroom offers plenty of storage and is very spacious. About five years ago, I updated the bathroom to give it a more modern feel and installed a new boiler at the same time. Recently, we acquired the freehold, giving us more control over the management of the building, and we've since switched managing agents.

WHY ARE YOU SELLING?
I had originally planned to sell a few years back, but the timing wasn't right. Since then, I've bought another property in a different area, and now it's time to free up some equity. While I would have loved to keep this flat, it's time for someone else to enjoy it.

WHAT DO YOU LOVE ABOUT THE AREA?
Even though I moved out of the area 4.5 years ago, it still holds a special place in my heart. The local gastro pubs are fantastic, and the location offers easy access to Angel, the City, Dalston, Hackney, London Fields, and more. Kingsland High Road is a vibrant, diverse area with plenty of trendy bars and restaurants. Newington Green is charming and offers great pubs and dining options, all just a 7-minute walk from the flat. Clissold Park is also nearby and provides a wonderful green space. This flat is incredibly well-connected, and I hope the next owner enjoys their time here as much as I did!

KEY INFORMATION:

Tenure: Leasehold with a Share of Freehold
Term: 125 years from 1 January 2001 ( 100 years remaining ) * The freeholders are currently in the process of extending the leases to 999 years*
Council Tax: Band D ( £1,920.53 per annum 2024/25 )
Rating Authority: Islington
Service Charge: Approx £1850 per annum
Ground Rent: £250 per annum
EPC: C
Tenure: Share of Freehold
Lease Length: 100 years remaining
Service Charge: £1,850 per year
Ground Rent: Ask agent
Council Tax Band: D
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