Bishop Apartments
£81,000 for a 30% share
Property description
Modern ground floor apartment at Barking Riverside. Get a £500 Amazon voucher to help with your move to this apartment* T&Cs apply.
Property address
16 Frogley Park, Barking Riverside, IG11 0AU
1 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value - £270,000
You pay (30%) - £81,000
Monthly rent - £488.03
Service charge - £245.05
Ground rent payable - peppercorn
Council Tax Band- B
250 year lease commenced in October 2022 - 246 years remaining
EWS1 Certification is available for this block - A1 rating
Enter this ground floor apartment via a spacious hallway, within which are located a large storage cupboard and utitilty room. There is a generous east facing bedroom with mirror fronted fitted wardrobe. The square open plan living area has a door opening onto a private east facing covered terrace, giving room to dine and relax. A sleek modern kitchen with fully integrated appliances and a contemporary bathroom complete the accommodation.
Barking Riverside has the brightest of futures. It already has state-of-the art rail and river stations. Barking Riverside Pier is now the most eastern stop on the Uber Boat by Thames Clippers' RB1 route. This connects you to the DLR and Elizabeth Line from Woolwich. Barking Riverside overground, a short walk away, gives direct access to Stratford in approx 14 minutes and Liverpool Street in approx 25 mins.
With parklands and provision for 65,000 square metres of shopping, restaurants, cafes and community and leisure facilities and healthcare coming soon, it makes an attractive area to live. The Riverside School has been awarded Ofsted 'outstanding' which makes this area extremely attractive to families.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £41,388. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one our schemes. If you are not registered please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2026.
*The £500 Amazon voucher is currently being offered on this 1 bedroom resale apartment and is applicable to any Shared Ownership purchase that reserves by 30th June 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1 bedroom resales Shared Ownership apartment. Please quote reference: RESALE1BEDSPRING26 when redeeming this offer.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £270,000 |
|---|---|
| Minimum Share Percentage | 30% |
| Minimum Share Value | £81,000 |
| Monthly Service Charge | £245 |
| Minimum Deposit | £8,100 |
Barking Riverside has the brightest of futures. It already has state-of-the art rail and river stations. Barking Riverside Pier is now the most eastern stop on the Uber Boat by Thames Clippers' RB1 route. This connects you to the DLR and Elizabeth Line from Woolwich. Barking Riverside overground, a short walk away, gives direct access to Stratford in approx 14 minutes and Liverpool Street in approx 25 mins.
With parklands and provision for 65,000 square metres of shopping, restaurants, cafes and community and leisure facilities and healthcare coming soon, it makes an attractive area to live. The Riverside School has been awarded Ofsted 'outstanding' which makes this area extremely attractive to families.
Others
- Balcony
- Central heating
Outside space
- Communal Garden
Heating
- Double Glazing
Accessibility
- Lift access