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Shared ownership
£77,500

1 bedroom apartment for sale

Plot 436, Shared Ownership at Abbey Quay, Former Abbey Retail Park IG11
New build
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | 25% share | unconfirmed yrs left
Service charge£1,901.12 per annum
Council taxAsk agent

Features and description

  • Tenure: Leasehold
  • An alternative route to homeownership
  • A fully inclusive specification at no extra cost
  • A range of integrated appliances, stone worktops and instant boiling water tap
  • Smart technology in bathrooms
  • Mirrored fitted wardrobes
  • Luxurious flooring throughout
  • A Residents' Hub providing the perfect place to work and socialise

Edward Point, Abbey Quay: Shared Ownership homes

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.

The price advertised represents purchasing a 25% share of the property.* The minimum share you buy will be based on your maximum affordability. 

You can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you're ready, you can buy more shares until you staircase to own 100% of your home. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.

Abbey Quay, Barking

Abbey Quay is a development set in Barking's exciting new riverside quarter. Combining the convenience of city life with the neighbourhood feel of a friendly village, Abbey Quay brings you the best of both worlds.

Plot 436

A luxurious one bedroom apartment, positioned on the 20th floor with our fully inclusive specfication.

5 reasons to buy at Abbey Quay

1. Affordable homes to help you onto the property ladder

Shared Ownership can offer you an alternative route to homeownership if you are unable to buy on the open market.*

2. Weston Homes' fully inclusive specification

Fully integrated appliances, flooring throughout, superfast broadband and so much more.

3. Excellent transport connections

Commute directly to Canary Wharf in 17 minutes from Barking train station which is a 10-minute walk away.

4. Communal spaces

Residents can socalise with their neighbours in the Resident's Hub and unwind in the private podium gardens.

5. New build apartments

Save an average of over £850* every year on your household bills AND all apartments come with a NHBC 10-year warranty. Click here to find out more.

Katy, a happy Weston Homes buyer and resident at Abbey Quay said “To anyone looking to buy a new home at Abbey Quay, I would say don't hesitate."

Book your exclusive viewing today!

*Initial shares purchased are usually between 25% and 75% of the full purchase price. The percentage will be calculated on your maximum affordability. Sage Homes and Weston Homes do not offer mortgage advice; prospective buyers should always seek independent nancial advice before proceeding. Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Journey times are taken from National Rail and Google and are approximate only.*Source: Average annual saving on energy bills of £874.57 compared to equivalent older properties; Home Builders Federation Watt A Save Report August 2024.  Computer generated images are used for illustrative purposes only. Internal photography is of a typical Weston Homes show home and is indicative only. Specification may vary. Speak to a Sales Consultant for further details. E&OE.

Property information from this developer

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About this developer

Weston Homes - Abbey Quay
Weston Homes - Abbey Quay
Former Abbey Retail Park Abbey Road, Barking IG11 7ZQ
020 7768 0859
Full profileProperty listings
Abbey Quay is an exciting new landmark address fronting directly onto the River Roding, providing luxury 1, 2 & 3 bedroom apartments within a thriving waterfront urban village in the London Borough of Barking & Dagenham. As well as over 1,000 new homes, this incredible 6-acre scheme will include a riverside plaza and walking routes along the River Roding, commercial space & leisure venues, an on-site community facility and a state-of-the-art gymnasium. The elegant homes at Abbey Quay all feature contemporary, open-plan living areas, superb bespoke designer kitchens and luxury bathrooms, all finished to the highest standards with modern living in mind. Designed to offer ease of maintenance and running efficiency, these homes provide a fully comprehensive specification to enable you to start enjoying your new lifestyle from the moment you move in. With Hyperoptic superfast broadband to each home, Abbey Quay is perfectly placed to remain fully connected, both inside and out. 
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