About This Property

Discover what makes this home special

Edward Point at Abbey Quay in Barking offers a modern shared ownership opportunity within a vibrant riverside development. This two-bedroom, two-bathroom apartment features an open-plan kitchen, living, and dining area that opens onto a balcony with views towards London, the River Roding, and Loxford Plaza. The property is designed to maximise natural light and contemporary living, ideal for first-time buyers or those looking to downsize in a well-connected area.

Situated in the IG11 7HB postcode, the development benefits from proximity to Barking town centre and excellent transport links, including Barking station offering direct routes to central London. The location combines urban convenience with riverside charm, complemented by nearby green spaces such as Abbey Green and the River Roding towpath, perfect for outdoor activities and relaxation.

Property Features

This property boasts a spacious open-plan kitchen, living, and dining area that flows onto a private balcony, providing scenic views and outdoor space. Both bedrooms are well-proportioned, with the master featuring an en-suite bathroom for added privacy. Modern fixtures and fittings throughout, including a fully integrated kitchen and double glazing, ensure comfort and energy efficiency. Secure entry and riverside views add to the appeal, making it a desirable home within the Abbey Quay development.

Shared OwnershipBalconyOpen-plan LivingEn-suite BathroomModern KitchenDouble Glazing+2

Local Amenities

Residents of Edward Point enjoy easy access to Barking Station, providing excellent rail connections to Central London and beyond. Abbey Green Park and the River Roding offer green spaces for leisure and recreation. The area supports families with well-regarded schools such as Thames View Primary and Eastbury Community School nearby. Barking Market and local supermarkets cater to everyday shopping needs, while Barking Leisure Centre provides fitness and sports facilities, ensuring a balanced and convenient lifestyle for all residents.

Barking StationAbbey Green ParkBarking RiversideBarking MarketThames View Primary SchoolEastbury Community School+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£430,000
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£430,000
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
Good transport links to London
Shared ownership restrictions may limit rental options
Growing regeneration area with future potential

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£430,000
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 £3,046/mo rent
Area Price Growth
+1.2%
Average annual increase
5-Year Value Forecast
£456,427
+£26,427 projected gain
5-Year Rent Forecast
£3,380/mo
Based on 2.1% annual growth
Price per Sq Ft£614
Annual Rent Income£36,552
10-Year ROI340%
Break-Even Point10 yrs

Property Value Projection

Based on 1.2% annual growth
£456,427
5yr
£484,477
10yr
£514,252
15yr
£545,857
20yr
£579,404
25yr
Current: £430,000

Monthly Rental Income

Based on 2.1% annual growth
£3,380
5yr
£3,750
10yr
£4,160
15yr
£4,616
20yr
£5,121
25yr
Current: £3,046/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
5h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Kitchen / Living / Dining
Morning Low
Afternoon Good
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
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).
£430,000
AvailableNB0000051417
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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
378
1 plot(s) available
Ownershipshared ownership

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£430,000Edward Point

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Edward Point
Edward PointShared Ownership new homes for sale at Abbey Quay in Barking£430,000

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