Plot 380, Shared Ownership at Abbey Quay, Former Abbey Retail Park IG11

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 2

Agent: Weston Homes - Abbey Quay Phone: 020 7768 0859

<p><b>Edward Point, Abbey Quay: Shared Ownership homes</b></p><p>The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. </p><p><b>The price advertised represents purchasing a 25% share of the property.* The minimum share you buy will be based on your maximum affordability. </b></p><p>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.</p><p><br/></p><p><b>Abbey Quay, Barking</b><br/></p><p>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.</p><p><br/></p><p><b>Build Your Own Incentive Up To £5,000*</b></p><p><b>The choice is yours: Stamp Duty Contribution | Deposit Contribution | Furniture Package | Contribution Towards Your Legal Fees</b></p><p><b>Plot 380</b></p><p>Reserve a luxurious two-bedroom, two-bathroom apartment positioned on the 11th floor of Edward Point.</p><p>Ready to move into, this home is the perfect starter home and comes complete with Weston Homes’ fully inclusive specification, so you can simply move in at no extra cost –everything that you would expect and a lot that you wouldn’t.</p><p><br/></p><p><b>5 reasons to buy at Abbey Quay</b></p><p><b>1. Affordable homes to help you onto the property ladder</b></p><p>Shared Ownership can offer you an alternative route to homeownership if you are unable to buy on the open market.* </p><p><b>2. Weston Homes' fully inclusive specification</b></p><p>Fully integrated appliances, flooring throughout, superfast broadband and so much more. </p><p><b>3. Excellent transport connections</b></p><p>Commute directly to <b>Canary Wharf in 17 minutes</b> from Barking train station which is a <b>10-minute walk away</b>.</p><p><b>4. Communal spaces</b></p><p>Residents can socalise with their neighbours in the Resident's Hub and unwind in the private podium gardens. </p><p><b>5. New build apartments</b></p><p>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. </p><p><b>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."</b></p><p><b>Dimensions:</b></p><p><b>Total Area </b>74.8 SQM / 805 SQFT</p><p><b>Kitchen / Living / Dining </b>5.82m x 4.75m / 19′ 1″ x 15′ 7″</p><p><b>Bedroom 1 </b>3.67m x 3.61m / 12′ 1″ x 11′ 10″</p><p><b>Bedroom 2 </b>3.67m x 3.17m / 12′ 1″ x 10′ 5″</p><p><b>Balcony 1 </b>1.37m x 6.30m / 4′ 6″ x 20′ 8″</p><p><b>Balcony 2 </b>1.37m x 6.30m / 4′ 6″ x 20′ 8″</p><p><b>Terrace </b>5.50m x 8.95m / 18′ 0″ x 29′ 4″</p><b></b><b></b><b></b><b></b><b><p><b>Book your exclusive viewing today!</b></p></b><p>*Applies to new reservations for a limited period and on selected plots only. Any agreed incentive will be applied as a one-time allowance at point of legal completion. All offers and incentives are subject to Weston Homes’ approval before reservation. *The price advertised represents purchasing a 25% share of this plot. 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 financial 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: Home Builders Federation, January 2025. Information correct at time of distribution. Internal photography is of a typical Weston Homes show home and is indicative only. Service charge is an estimate only and is reviewed annually. All dimensions are within + or – 50mm. Please note that show home items, including furniture, lighting fittings, window treatments and accessories, are not included. Everything else is part of our standard, fully inclusive premium specification. Specification may vary. Speak to a Sales Consultant for further details. E&OE. </p><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b><b></b><b></b><b></b><b><p> </p></b>