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SE16 3GA

Arts Lane, London

£625,000
£46,000 below fair value
2 Beds
2 Baths
75 m² Floor area
Type Flat
Listed 11 Sep 2026
Price per m² £8,667 / m²

Set within a stunning, modern development of some renown is this quiet exceptional 3rd floor, luxury apartment. Boasting a corner plot with a North Westerly aspect this substantial 805 Sq. Ft, two-bedroom, two-bathroom apartment enjoys an abundance of natural light throughout and is offered in outstanding condition. Sitting within a pedestrianised area the location is quiet and tranquil yet central to the delights of SE1.

On entering, a large hallway offers generous storage options. The open plan reception extends to just shy of 23ft and is a space of genuine quality. Bathed in light via floor-to-ceiling windows the room has a wonderful ambience and neatly divides into substantial seating and dining areas. The sense of space is further enhanced by a large 9ft, West facing balcony that is a real sun trap enjoying elevated views of the City. A delightful spot for a morning coffee and evening sundowner. The fully fitted kitchen is stylish and practical, neatly positioned to one end it divides the space perfectly. A further window providing natural light directly into the space. Both the bedrooms are quiet, bright, and substantial doubles. The master extending to just shy of 12ft incorporating full length fitted wardrobes and a large ensuite bathroom. Bedroom two is equally impressive at over 11ft. The family bathroom is a great size, immaculate, modern, and very much in keeping with the quality throughout. Further benefits include, under floor heating, secure entry, lift access, bicycle storage, concierge service, and residents’ gym. Offered Chain Free.

The Costermonger Building itself is a modern development of some style and renown. Centrally located and ideally placed to enjoy the delights of nearby Bermondsey Street, Shad Thames, Borough, Maltby Street and Spa Terminus food markets. Furthermore, several locally renowned restaurants and shops offer further convenience along with the open green spaces of Spa Gardens and Southwark Park just moments away. Transport links are plentiful with both Bermondsey and London Bridge stations nearby, offering easy access to The City, Canary Wharf and West End.

Lease Length: 125 years from and including 1st April 2014 - 113 Years Remaining
Service Charge: £4,500 PA
Ground Rent: £350 PA
Local Authority Southwark Council - Tax Band: E
Energy Efficiency Rating: C

How the asking price has moved

Sep 2026
£650,000
Listed at original asking price
Oct 2026
£625,000
Current asking price

Prices, costs and transport nearby

What homes within 400 m sold for since Nov 2023, by type. Source: HM Land Registry.

Type Median Middle 80%
Flat This home
Median
233 sales
Terraced
Median
14 sales
Semi-Detached
No sales nearby
Detached
Median
1 sale

Most recent sales

Address Sold price Date Type
Flat 11, CORIO HOUSE, 12 THE GRANGE, SE1 3GU £650,000 Sep 2026 Flat
Flat 23, SKYLINE COURT, 9 GRANGE YARD, SE1 3AN £310,000 Jul 2026 Flat
Flat 4, OCKHAM BUILDING, 9 ARTS LANE, SE16 3GB £245,000 Jul 2026 Flat
Flat 30, AMISHA COURT, 161 GRANGE ROAD, SE1 3GH £105,000 Jun 2026 Flat
Flat 93, CORIO HOUSE, 12 THE GRANGE, SE1 3GW £825,000 Jun 2026 Flat
Flat 25, CORIO HOUSE, 12 THE GRANGE, SE1 3GU £880,000 Jun 2026 Flat
Flat 21, OLD TOWN HALL APARTMENTS, 19 SPA ROAD, SE16 3SA £510,000 Jun 2026 Flat
Flat 18, SKYLINE COURT, 9 GRANGE YARD, SE1 3AN £400,000 Jun 2026 Flat
Flat 120, CORIO HOUSE, 12 THE GRANGE, SE1 3GW £630,000 Jun 2026 Flat
88 NECKINGER ESTATE, SE16 3QJ £370,000 May 2026 Flat
Flat 420, 2, 2 HAVEN WAY, SE1 3FL £560,000 Apr 2026 Flat
Flat 18, OLD TOWN HALL APARTMENTS, 19 SPA ROAD, SE16 3SA £722,000 Apr 2026 Flat
Flat 10, PULLMAN BUILDING, 88 SPA ROAD, SE16 3QT £465,000 Apr 2026 Flat
Flat 2, POLLARD HOUSE, 122A SPA ROAD, SE16 3FF £640,000 Jan 2026 Flat
Flat 12, PULLMAN BUILDING, 88 SPA ROAD, SE16 3QT £510,000 Dec 2025 Flat
Source: HM Land Registry · within 200 m · most recent first

Arts Lane, London

Asking price
£625,000
£46,000 below fair value
Our fair price estimate £671,000
Price per m² £8,667 / m²
Fair price = nearby sold prices per m² × UK HPI × 75 m² floor area (EPC-declared). Source: Land Registry, EPC & UK HPI.
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About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 75 m². Updated daily.

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