Summary - Flat 132, Arc House, 18 Maltby Street SE1 3GP
3 bed 2 bath Apartment
Buy a 25% share of a spacious ground-floor apartment close to London Bridge transport.
25% shared ownership offer available from £161,250
A bright, modern ground-floor apartment offering generous internal space and a private outdoor terrace in central SE1. The open-plan 30ft kitchen/dining/living room and three well-proportioned bedrooms give a family or house-share practical space rarely found at this price in Bermondsey. The home is sold as a 25% shared ownership share (no onward chain) with a long 990-year lease, making it accessible for buyers who meet shared ownership eligibility.
Location is a major selling point: half a mile from London Bridge with easy access to Northern and Jubilee lines, and moments from Maltby Street Market, cafés and riverside amenities. The development is modern and well-maintained, with communal landscaping and level access from the living area to the private terrace — useful for urban outdoor living.
Buyers should note the material drawbacks: this is a shared ownership leasehold with an estimated service charge of £4,894.20 per year (above average) and a monthly rent on the unsold share (approx. £1,108.59). The local area records higher crime and is classified as relatively deprived, factors to weigh alongside the excellent transport links and nearby amenities. Shared ownership also requires eligibility criteria and ongoing rent/service charge reviews.
Overall this is a practical, roomy modern apartment suited to first-time buyers or households wanting central space with private outside amenity, provided they are comfortable with shared-ownership costs and the inner-city context.
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