448 Abbey Quay
1 bedroom homes for sale in Flat 125, Barking, IG11 8TP
Scheme | Shared ownership |
Availability | For sale |
Minimum share price from | £78,000 for a 25% share |
Full price from | £312,000 |
Minimum deposit from | £3,900 |
Monthly rent from | £536 |
Service charge from | £156 |
Bedrooms | 1 |
Bathrooms | 1 |
Overview
Wonderful 1-bedroom apartment in the Abbey Quays development. The price advertised represents purchasing a 25% share of the home.
About the Development
Abbey Quay, situated in Barking's vibrant new riverside district, presents a range of 1, 2 & 3 bedroom apartments built by award-winning, Weston Homes. Blending urban convenience with a cosy neighbourhood atmosphere, Abbey Quay offers the ideal fusion of city living and village charm.
Each apartment in this modern village boasts open plan living and a private balcony or terrace, adding to its stylish appeal. Enjoy the scenic beauty of tree-lined streets and breathtaking views while having access to on-site amenities such as shops, cafes, restaurants, and inviting communal areas. Discover your shared ownership home today at Abbey Quays.
About the Area
Barking offers everything at your doorstep. There is a selection of local amenities including supermarkets, eateries, cinemas and much more.
Barking station is a 10 minute walk from Abbey Quay and provides regular train services to Canary Wharf and other central London location such as Euston and Victoria.
Furthermore, London City airport is a mere 12 minute drive from the development, which offers a selection of domestic and international flights.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. 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. You can buy a minimum 50% 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 owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- 1 bedroom 22nd floor apartment
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Open plan living
- Close to local amenities
- 3 piece bathroom with shower over bath
- There will be an added service charge