Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Apartment
2 bedrooms
2 bathrooms
1/6
Available
£109,375
Abbey Quay | Flat 23, Edward Point, IG11 8TJ
Share 25% / Full price £437,500 / Min deposit £10,938
Shared Ownership New Build
Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership New Build
Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
With a central living/dining/kitchen room leading to the large balcony, this 2 double bedroom apartment also has two bathrooms and makes the perfect sharing apartment. Visiting family and friends can make use of their own area in the apartment and gather with you in the lounge or out on the balcony for some alfresco dining
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute
to and from, and you can specify the maximum time of the commute and by which transport method.
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£109,375
Shared Ownership New Build
Full price £437,500
Estimated monthly cost£1,492
Rent£752
Service charge£197
Mortgage£543
Calculated using a representative rate of 4.42%
Share
Deposit
£
How is this calculated?
How is this calculated?
Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
Service Charge: Covers maintenance and repairs for communal areas within your development.
Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Send enquiry to the seller
Your property enquiry has been submitted to Sage Homes.
Next steps
You can check and update your enquiry in the 'My Account' area.