A waterspout carved in the form of a grotesque face or creature (8)

I believe the answer is:

gargoyle

(Other definitions for gargoyle that I've seen before include "Grotesque gutter spout from glory age" , "Ancient gutter-spout from glory age" , "It drains off water" , "Grotesque architectural statue" , "Medieval gutter spout made of sculpted grotesque figure" .)

I've seen this clue in The Independent.

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