Flat for sale in Abbey Road, Barking IG11

Shared ownership £242,250

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 8115 7726 * or Request Details

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Flat for sale - 1 bedroom

1 1 1

Tenure:
Leasehold
Time remaining on lease:
999 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Property features

  • Balcony
  • 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

Property description

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 75% 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 457
A luxurious one bedroom apartment, positioned on the 23rd floor with a private south facing balcony, 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 £1,600** 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. **HBF WattASave Report 2023. 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.

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Weston Homes - Abbey Quay, IG11 on +44 20 8115 7726 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Weston Homes - Abbey Quay, and do not constitute property particulars. Please contact Weston Homes - Abbey Quay for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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