Waterman Court
£50,000 for a 25% share
Property description
Modern apartment close to Barking station
Property address
Waterman Court, Axe Street, Barking, IG11 7FD
1 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £200,000
Share Value (25%): £50,000
Monthly Rent: £582.89
Service Charge: £175.45
Water Charge: £26.50
Annual Ground Rent: £0
Council Tax Band: C
990 year lease commenced April 2008 - 971 years remaining
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
This apartment consists of a semi open-plan kitchen and living area, with natural light from a wide floor-length west facing window. The kitchen is fitted with beech wood effect wall and base units, and a granite effect worktop. The kitchen also includes an integrated oven, hob, and extractor fan. The spacious double bedroom benefits from built-in storage cupboards. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
With a diverse and lively local community on the doorstep, everything you need is within a 15-minute walk. East Street is home to bustling cafes, bars and restaurants and a range of independent shops and local street markets offer fresh produce. For a wider choice of groceries and household goods, Tesco, Asda and Lidl are a short walk away. For cultural enthusiasts, enjoy outdoor classical concerts in the ruins of Barking Abbey, or catch the latest blockbuster at the Showcase Cinema. Westfield Stratford City and its array of high street and designer shops is a short train journey away. The open green spaces, sports facilities and riverside promenades at the Queen Elizabeth Olympic Park are also well worth a visit.
Barking Station is just a 10-minute walk. Travel into the City or Canary Wharf in less than 20 minutes by tube. The A406 and A13 are within a few minutes' drive for road links to the M11, M25 and wider motorway network. There are several bus stops on London Road providing services within the area.
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 £38,136. If you are offered the home, 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 of our schemes. If you are not registered please visit our website www.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 August 2026
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 | £200,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £50,000 |
| Monthly Service Charge | £175 |
| Minimum Deposit | £5,000 |
With a diverse and lively local community on the doorstep, everything you need is within a 15-minute walk. East Street is home to bustling cafes, bars and restaurants and a range of independent shops and local street markets offer fresh produce. For a wider choice of groceries and household goods, Tesco, Asda and Lidl are a short walk away. For cultural enthusiasts, enjoy outdoor classical concerts in the ruins of Barking Abbey, or catch the latest blockbuster at the Showcase Cinema. Westfield Stratford City and its array of high street and designer shops is a short train journey away. The open green spaces, sports facilities and riverside promenades at the Queen Elizabeth Olympic Park are also well worth a visit.
Barking Station is just a 10-minute walk. Travel into the City or Canary Wharf in less than 20 minutes by tube. The A406 and A13 are within a few minutes' drive for road links to the M11, M25 and wider motorway network. There are several bus stops on London Road providing services within the area.
Others
- Balcony
- Central heating
- Pets allowed
Outside space
- Communal Garden
Heating
- Double Glazing