1 bedroom flat for sale

£59,250 Shared ownership

Parklands Place, Barking Riverside, Barking IG11

1 bedroom flat for sale 1 1
Interested in this property? Call +44 20 8033 5887 * or Request Details

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Property features

  • Set alongside 2km of stunning Thames River frontage
  • Thames Clippers is extending its river bus RB1 route to Barking Riverside
  • 4.5km extension to Barking Riverside, from the Tilbury Loop line between Barking
  • Home to Riverside Primary school with excellent results
  • Home to a network of cycle and walk paths
  • Envac waste disposal system

Property description

Chamberlin Mansion - Apartment 5 - Shared Ownership

1 bedroom apartment with outdoor space. Contact a member of our sales team now to view our new show home.

£59250 for a 25% share of £237000 and a deposit as low as £2963 and a minimum income of £31929.

Shared Ownership at Fielders Quarter -
We know that buying a home in London – especially if you’re a first time buyer – can often seem unachievable. Shared Ownership through L&Q at Fielders Quarter is a way to get on the ladder that’s more affordable than a traditional purchase.

You can buy a 25% – 75% share of your new home. You’ll then pay a mortgage on this and subsidised rent to us on the remaining share. Usually, you need a deposit of just 10% of the value of your share, meaning you can enjoy the stability of homeownership with a much lower upfront cost.

As time goes on and your income rises, you’ll have the option to ‘staircase’ – to increase the amount you own by buying extra shares. During your ownership, you can do this three times, with prices based on the market value of your home at the time, and some fees involved. Eventually, you can own 100% of your home, and no longer pay rent.

Full market price: £237000
25% share price from: £59250
Monthly rent: £407
Monthly service charge: £170

Fielders Quarter at Barking Riverside -
A landmark development for London along the banks of the River Thames. Barking Riverside is a joint venture between L&Q and The Mayor of London, and is one of Europe’s largest brownfield developments, covering an impressive 443 acres, alongside 2km of beautiful south-facing River Thames frontage. The master plan will deliver 10,800 new homes, the brand new Barking Riverside Overground station, as well as commercial, retail and leisure facilities. This pioneering project will incorporate Envac, one of Europe’s largest automated waste disposal systems. New schools, parks and river walkways will all become home to an estimated 30,000 people at this former 1920’s power station site. Fielders Quarter has a collection of Shared Ownership homes available at this award-winning development. Offering a variety of layouts and styles, each home will bring together a perfect blend of comfort, architecture and design.

A place to connect -
Barking Riverside lies beside 2km of beautiful South-facing River Thames frontage, covering 443 acres which will eventually include 10,800 new homes of mixed size and style. There is also provision for 65,000 square metres of commercial floor space for shopping, restaurants, cafés, community and leisure facilities. The Parklands phase will feature open green spaces as well as an Ecology Centre due to open summer 2019.

London’s only district to adopt the nhs Healthy New Town initiative, Barking Riverside is set to incorporate a wide range of health measures, such as an on-site gp surgery, designed to help the residents to live longer, healthier, happier lives. A key element of the initiative is the network of cycle routes, located along the river and through every stage of the development.

Transport -
Reach Fenchurch Street in 15 minutes

Reach Canary Wharf in 18 minutes

REach Liverpool Street in 22 minutes

Reach Stratford in 21 minutes

Reach London Bridge in 30 minute

Eligibility criteria applies. You must have a maximum household income of £90,000. Please speak with our sales associates for more information.

Viewings -
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour. *We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public

Property info

Floorplan(s): Floorplan 1

View original

Nearby transport

  • Gallions Reach (1.5 miles)
  • Upney (1.6 miles)
  • Abbey Wood (1.8 miles)
  • London City Airport (2.3 miles)
  • London Heathrow Airport (24.5 miles)
  • London Southend Airport (25.7 miles)
  • Woolwich Arsenal Pier (2.0 miles)
  • Woolwich Ferry North Pier (2.3 miles)
  • Woolwich Ferry South Pier (2.3 miles)

Nearby schools

View all schools in Barking and Dagenham
  • George Carey Church of England Primary School (0.4 miles)
  • Linton Mead Primary School (0.6 miles)
  • Riverside Primary School (0.7 miles)
  • Riverside School (0.7 miles)
  • Woolwich Polytechnic School (0.9 miles)
  • Jo Richardson Community School (1.5 miles)
  • Riverside Bridge School (0.7 miles)
  • Goresbrook School (1.6 miles)
  • Horizons Academy Bexley (1.6 miles)
Note: Distances are straight line measurements
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For more information about this property, please contact
L&Q - Barking Riverside Shared Ownership, IG11 on +44 20 8033 5887 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by L&Q - Barking Riverside Shared Ownership, and do not constitute property particulars. Please contact L&Q - Barking Riverside Shared Ownership for full details and further information. The Running Costs data displayed on this page are provided by SmartNewHomes to give an indication of potential running costs based on various data sources. SmartNewHomes does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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