The panellist told Heat that despite being more of a fan of Bleakley's fiancé Frank Lampard, he still appreciates the presenter's looks.
"She's gorgeous and she's charming and I love her Northern Irish accent," he told the magazine.
"And she's got a great arse, too. Not that I'm interested in it, so can I make that quite clear - Frank, I'm not interested in that way.
"But as a gay man, I do like admiring women with nice bodies and she does have a great arse."
He added of Lampard: "I've brushed past him and it's lovely. I'm more than happy... He's literally such a hunk. And he smells so good too. Every time I go past him I have a quick sniff.
"He's lovely and I'm very pleased that Christine is doing the show because, like I say, I get to perv on Frank."
Spence has previously praised Bleakley's breasts, saying: "There was a little rumour that she's had her t*ts done.
Bleakley said last month that she had no intention of emulating former host Holly Willoughby by showing off her cleavage on the show.
Read the full interview with Louie Spence in the current issue of Heat magazine, out now.
Watch Jorgie Porter talking about Dancing on Ice below: