2 bedroom apartment for sale

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 452

A luxurious two bedroom apartment, positioned on the 23rd floor with a private and spacious terrace.

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."

*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.