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2 bed flat for sale The Water Gardens, Canada Water, SE16

Asking price

£495,000

Added on 02/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £673 per sq ft
Tenure: Ask agent

Highlights

From the agent's description

Communal gardens
24-hour concierge
Lift

About this property

The apartment benefits from wooden flooring, an abundance of natural light, ample storage, 24-hour concierge, passenger lift and communal gardens. In addition, Heligan House is located perfectly for easy access to both Canada Water and Canary Wharf.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,312
Band B

£1,530
Band C

£1,749
Band D

£1,967
Band E

£2,404
Band F

£2,842
Band G

£3,279
Band H

£3,935

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Southwark, 2026/27 bills run from £1,312 a year in band A to £3,935 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southwark, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

100 comparables · within 0.8 miles

Cheaper than 66% of the 2-bed flats for sale nearby right now.

This home, £495,000 Median £549,500 · £398,496 – £902,500

Per square foot

£673 1% over

2-bed flats nearby £664

Against sold prices

2% under

SE16 sold median £688 / sq ft, 850 sales

Compared with 100 2-bed flats for sale within 0.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SE16 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE16 →

Location

The Water Gardens, Canada Water, SE16

Open map Street View

Mortgage and stamp duty

Property price £495,000

£247k £743k

Deposit10% £50,000

£0 £495k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £445,000 mortgage. Most lenders would want a household income of about £99,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 401, Heligan House, Water Gardens Square Flat / maisonette	Flat / maisonette	Jan 2025	1,119 sq ft £498/sq ft	1,119 sq ft	£498	£557,500
Flat 453, Heligan House, Water Gardens Square Flat / maisonette	Flat / maisonette	Dec 2024	990 sq ft £596/sq ft	990 sq ft	£596	£590,000
Flat 425, Heligan House, Water Gardens Square Flat / maisonette	Flat / maisonette	May 2024	764 sq ft £687/sq ft	764 sq ft	£687	£525,000
Flat 433, Heligan House, Water Gardens Square Flat / maisonette	Flat / maisonette	Mar 2022	936 sq ft £518/sq ft	936 sq ft	£518	£485,000
Flat 436, Heligan House, Water Gardens Square Flat / maisonette	Flat / maisonette	Mar 2022	721 sq ft £693/sq ft	721 sq ft	£693	£500,000
Flat 413, Heligan House, Water Gardens Square Flat / maisonette	Flat / maisonette	Jun 2021	743 sq ft £660/sq ft	743 sq ft	£660	£490,000
Flat 444, Heligan House, Water Gardens Square Flat / maisonette	Flat / maisonette	Jan 2019	743 sq ft £646/sq ft	743 sq ft	£646	£480,000
Flat 422, Heligan House, Water Gardens Square Flat / maisonette	Flat / maisonette	Apr 2018	753 sq ft £770/sq ft	753 sq ft	£770	£580,000