2-bedroom flat · IG11 8TJ
For saleReduced £65.6k (−37.5%) on 8 JulListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wonderful 2-bedroom apartment in the Abbey Quays development. The price advertised represents purchasing a 25% share of the home.
About the apartment This chic two-bedroom apartment delivers modern, luxurious living, complete with Weston Homes' exclusive, fully inclusive specification, making it easy for you to move right in!
The apartment boasts a contemporary open-plan living area, a designer kitchen equipped with integrated appliances, a boiling water tap, and a stone worktop.
The hotel-style en-suite, featuring Smart technology, includes integrated vanity storage, a mirror with a de-mist function, and a heated towel rail.
The bedroom comes with mirrored fitted wardrobes, and luxurious flooring is provided throughout.
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 breath-taking 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
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About Plot 340, London Road, Barking
Explore nearby