Summary - FLAT 908, 18, CUTTER LANE SE10 0YB
2 bed 1 bath Apartment
Affordable shared-ownership living near transport and the O2 Arena.
24hr concierge and communal roof garden for residents
Secure underground parking — rare for riverside developments
Spacious 818 sq ft internal area with west-facing balcony
30% Shared Ownership — subject to eligibility and income cap
Long lease (244 years) gives long-term security
High annual service charge £5,064 and ground rent £150
Local area records high crime and is classed as very deprived
Heating via community scheme — limited individual control
This bright two-bedroom apartment offers spacious 76 sqm (818 sq ft) open-plan living with a west-facing balcony and rare secure underground parking. Located on the first floor, the property benefits from full-height windows, integrated kitchen appliances, good built-in storage and access to communal roof garden and 24-hour concierge services. The long lease (244 years) provides ownership security for buyers.
The flat is offered as 30% Shared Ownership, making it a practical route onto the property ladder in East Greenwich. It sits within easy walking distance of North Greenwich Station (Jubilee Line) and Thames Clipper services, with the O2, riverside walks and ample local shops, cafés and leisure options moments away. The development’s modern design and maintained communal spaces suit buyers seeking contemporary inner-city living.
Buyers should note material drawbacks clearly: the property is leasehold with a significant annual service charge (£5,064) and a ground rent (£150). The local area records high crime levels and is described as very deprived—factors to consider for families or those prioritising low-crime neighbourhoods. Heating is provided via a community scheme, which may limit individual control and incur communal costs.
Shared Ownership eligibility rules apply (income cap, circumstances and affordability checks), and purchasers will pay rent on the unsold share alongside mortgage payments. This apartment will suit first-time buyers or those relocating who need an affordable initial share, value excellent transport links and desire on-site facilities. Be realistic about the ongoing running costs and local area challenges when deciding to view.
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