About This Property

Discover what makes this home special

Edward Point at Abbey Quay in Barking offers a stylish and modern shared ownership home ideal for first-time buyers or growing families. This two-bedroom, two-bathroom apartment boasts a spacious open-plan kitchen, living, and dining area that leads out to a balcony, perfect for enjoying the riverside views and natural light. The property benefits from two ensuite bathrooms, providing privacy and convenience for residents. Situated within a vibrant new development, residents have access to landscaped communal gardens and a community hub, fostering a welcoming neighbourhood atmosphere.

Located in the IG11 7HB area, Edward Point is well-connected with excellent transport links including Barking Station, offering fast access to central London and beyond. The surrounding area features a range of amenities from supermarkets to parks, making it a practical and attractive place to live. With nearby schools such as Barking Abbey School and Riverside Primary School, this property is well-suited for families seeking quality education options. Overall, Edward Point combines modern living with convenience and community spirit in a thriving part of Barking.

Property Features

This property features two spacious bedrooms each with ensuite bathrooms, an open-plan kitchen, living, and dining area that maximizes space and light, and a balcony that overlooks the river. The shared ownership model makes it an accessible option for buyers looking to step onto the property ladder. The development includes landscaped communal gardens and a community hub, enhancing the lifestyle and social opportunities for residents.

BalconyEnsuite BathroomsOpen-Plan LivingShared OwnershipRiverside ViewsCommunity Hub+1

Local Amenities

Edward Point benefits from proximity to Barking Station, providing excellent transport connectivity to London and surrounding areas. Local amenities include the Tesco Superstore for convenient shopping, and several well-regarded schools such as Riverside Primary and Barking Abbey School, making it ideal for families. The nearby Abbey Green and Abbey Ruins offer pleasant green spaces for recreation, while the Barking Learning Centre supports community education and activities. Overall, the area combines practical facilities with cultural and leisure opportunities.

Barking StationAbbey GreenRiverside Primary SchoolBarking Abbey SchoolTesco SuperstoreBarking Learning Centre+2
Barking Station Train Station (0.8 miles, 4 mins drive) • 30 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£443,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£443,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£443,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
8.5%
Based on £3,138/mo rent
Area Price Growth
+1.2%
Average annual increase
5-Year Value Forecast
£470,226
+£27,226 projected gain
5-Year Rent Forecast
£3,482/mo
Based on 2.1% annual growth
Price per Sq Ft£615
Annual Rent Income£37,656
10-Year ROI340%
Break-Even Point10 yrs

Property Value Projection

Based on 1.2% annual growth
£470,226
5yr
£499,124
10yr
£529,799
15yr
£562,359
20yr
£596,921
25yr
Current: £443,000

Monthly Rental Income

Based on 2.1% annual growth
£3,482
5yr
£3,863
10yr
£4,286
15yr
£4,755
20yr
£5,276
25yr
Current: £3,138/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Liverpool Street
25 mins
40 mins
London Fenchurch Street
30 mins
45 mins
London Heathrow Airport
1h 15m
50 mins

Sun Path & Natural LightAI generated - Estimated

NESW
North-West-Facing Moderate
6h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Kitchen / Living / Dining
Morning Moderate
Afternoon Good
Evening Good
Bedroom 1
Morning Low
Afternoon Moderate
Evening Good
Bedroom 2
Morning Low
Afternoon Low
Evening Moderate

Location Scores

68
Walk Score
Somewhat Walkable
70
Transit Score
Excellent Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed Use+Positive Impact
Barking Riverside Regeneration
1.5 milesEst. 2028
* Information based on local planning applications and may be subject to change

Loading location insights...

Shared Ownership home — the price shown is for a share of the full market value. You pay rent on the remaining share and can buy more later (staircasing).
£443,000
AvailableNB0000051420
View Location Analytics

Edward Point

Shared Ownership new homes for sale at Abbey Quay in Barking, Shared Ownership new homes for sale at Abbey Quay in Barking IG11 7HB
Shared Ownership new homes for sale at Abbey Quay in Barking
2
Bedrooms
2
Bathrooms
720
Est. Sq ft
house
Type

Developer

Weston Homes
Available Plot Numbers
361
1 plot(s) available
Ownershipshared ownership

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£443,000Edward Point

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Edward Point
Edward PointShared Ownership new homes for sale at Abbey Quay in Barking£443,000

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