About This Property

Discover what makes this home special

Edward Point at Abbey Quay in Barking offers a modern shared ownership home perfectly suited for first-time buyers or growing families. This two-bedroom, two-bathroom house features a spacious open-plan kitchen, living, and dining area that opens onto a balcony with views towards London and the River Roding. The master bedroom benefits from an en-suite bathroom, providing added privacy and convenience. Situated within a vibrant riverside development, residents enjoy access to communal green spaces and are just a short walk from Barking town centre.

Property Features

This property boasts a well-designed open-plan living space that maximizes natural light and functionality. The balcony offers a relaxing outdoor area with scenic views, ideal for entertaining or unwinding. The inclusion of an en-suite bathroom enhances comfort, while shared ownership makes the home more accessible. Communal gardens provide additional green space for residents to enjoy.

BalconyOpen-plan kitchen/living/diningEn-suite bathroomShared ownershipRiver viewsCommunal gardens

Local Amenities

Located in Barking, Edward Point benefits from excellent local amenities including Barking Station, which offers frequent rail connections to central London. Abbey Green Park is nearby, providing open green space for leisure and recreation. The area is served by reputable schools such as St Margaret's Church of England Primary School, alongside convenient access to healthcare facilities and shopping options including Barking Market and local supermarkets.

Barking StationAbbey Green ParkBarking MarketBarking LibrarySt Margaret's Church of England Primary SchoolBarking Riverside Medical Centre+1
Barking Station Train Station (0.9 miles, 5 mins drive) • 30 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£426,000
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£426,000
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

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Affordable entry point
Good rail links to London
Limited international profile of Barking area

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£426,000
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 £3,018/mo rent
Area Price Growth
+1.2%
Average annual increase
5-Year Value Forecast
£452,181
+£26,181 projected gain
5-Year Rent Forecast
£3,348/mo
Based on 2.1% annual growth
Price per Sq Ft£609
Annual Rent Income£36,216
10-Year ROI340%
Break-Even Point10 yrs

Property Value Projection

Based on 1.2% annual growth
£452,181
5yr
£479,971
10yr
£509,468
15yr
£540,779
20yr
£574,014
25yr
Current: £426,000

Monthly Rental Income

Based on 2.1% annual growth
£3,348
5yr
£3,715
10yr
£4,122
15yr
£4,573
20yr
£5,074
25yr
Current: £3,018/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 Fenchurch Street
25 mins
40 mins
London Liverpool Street
30 mins
45 mins
Heathrow Airport
1h 10m
1h

Sun Path & Natural LightAI generated - Estimated

NESW
North-West-Facing Moderate
5h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

68
Walk Score
Somewhat Walkable
70
Transit Score
Excellent Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
Barking Town Centre Regeneration
0.7 milesEst. 2025
* 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).
£426,000
AvailableNB0000051414
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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
700
Est. Sq ft
house
Type

Developer

Weston Homes
Available Plot Numbers
365
1 plot(s) available
Ownershipshared ownership

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£426,000Edward Point

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Edward Point
Edward PointShared Ownership new homes for sale at Abbey Quay in Barking£426,000

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