Summary - Abbey Road Retail Park, Barking IG11 8TG
2 bed 2 bath Flat
Shared-ownership entry for first-time buyers in a well-specified new build.
Fourth-floor two-bedroom apartment with private balcony
This newly built two-bedroom fourth-floor apartment at Edward Point comes with Weston Homes’ fully inclusive specification and is offered via shared ownership (75% share shown). The open-plan living area, fitted kitchen with stone worktops and appliances, private balcony, and a principal bedroom with fitted wardrobe and en suite provide a contemporary, move-in ready home with modern finishes and Hyperoptic broadband already installed.
Shared ownership reduces the upfront cost: the advertised price represents a 75% share, with a 25% entry price of £105,875 and monthly payments from approximately £1,466. The home includes flooring throughout and smart bathroom technology, making it attractive for first-time buyers seeking a well-specified city apartment without the full purchase price.
Be clear on the practical considerations: this is a leasehold shared ownership property so rent and service charges will apply, and staircasing to 100% is possible but not guaranteed. The wider location is an urban regeneration area with good transport links to central London, but local statistics show higher crime and area deprivation; buyers should factor in neighbourhood context and running costs.
The construction notes identify solid brick walls with no assumed cavity insulation and double glazing installed before 2002. While the apartment is new-build in the development, buyers sensitive to long-term energy performance or seeking a quieter, low-crime area should investigate further. Obtain full lease details, service charge figures, and a copy of the management arrangements before committing.
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