• Location

    Plumstead, SE28

  • Bedrooms

    1 & 2-bedroom apartments

  • Ways to buy

    Shared Ownership

  • Prices

    To be released soon

Welcome to Lombard Square

Launching autumn 2025, an exciting new development of Shared Ownership homes in the Royal Borough of Greenwich.

Nestled in vibrant Plumstead and set around a beautiful 1.8-acre Garden Square, these new 1 & 2-bedroom homes will offer the perfect blend of community, connectivity and nature.

Why buy at Lombard Square

Enjoy a sense of space and tranquillity, with fast connections to central London and beyond.

Key features
  • Private outdoor space to all homes
  • 1.8-acre garden square
  • 5-mins walk from Plumstead Station
  • Underground parking available with select homes
  • Wheelchair accessible homes available
  • Local café & supermarket on your doorstep
  • Integrated Bosch appliances
  • Local gym

Gym part of the wider development, membership costs will apply. Parking is an additional cost.

A place to call home...

Static Map Image

Transport links

Places of interest

Welcome to the neighbourhood...

Lombard Square Plumstead Garden Square
Your new home awaits

Situated in 1.8-acre Garden Square, a calm oasis amongst a vibrant community.

Riverside walks

Take a 10-minute stroll to the Royal Arsenal Riverside and River Thames.

Lombard Square Plumstead Myro House Exterior Dusk
Located within the Royal Borough of Greenwich

With rich history, significant landmarks and a strong focus on community engagement.

Lombard Square Plumstead Myro House balcony view
Community at its core
Keeping you connected

Moments from rail, DLR and Elizabeth Line stations.

What is Shared Ownership?

Homes at Lombard Square are available through Shared Ownership, a part rent part buy affordable buying option. Find out more about Shared Ownership below.

About Shared Ownership

Shared Ownership helps first-time buyers get onto the property ladder in a more affordable way. You can usually buy an initial share of 25% to 75% of the value of a home, and you’ll need to take out a mortgage to pay for your share of the home’s purchase price.

You will then pay a subsidised rent on the share you don’t own, and there will also be a service charge to make up the monthly cost of buying through Shared Ownership. 

By buying through Shared Ownership, you will need a smaller deposit compared to buying on the open market. It will also make you an owner-occupier in your home giving you the same responsibilities as a home owner.

sales agent showing woman a brochure for a collection of home in Battersea

Advantages of Shared Ownership

✔ It’s a more affordable way to purchase a home without needing a huge deposit

✔ You can own a high quality, new build home affordably without compromising on location or quality

✔ You can buy as much of the property as you can afford, staircasing to buy more shares in the future

✔ It’s a great way to get out of the renting cycle and become a home-owner

✔ You will own the home and be able to decorate it however you like

✔ You can sell your home at any time and will benefit from any increase in value

Don't just take our word for it...

Read a collection of homeowner stories from recent Peabody New Homes customers and see how we helped them step onto the property ladder with Shared Ownership.

Couple walking around their building with their baby
Young family gains independence through Shared Ownership in Wimbledon

"Everyone at Peabody New Homes was so helpful and very efficient, guiding us through each stage of the process."

Raph & Jaye Homeowners at The Switch in Wimbledon
Man standing on balcony of his shared ownership home at Arden
Italian academic buys London home through Shared Ownership in Lewisham

"Shared Ownership isn’t something that exists in Italy. I was able to buy a 50% share and find somewhere to call my own."

Luca Homeowner at Arden in Lewisham
couple with their kid and dog sat on sofa
First-time buyers discovered Shared Ownership thanks to parent advice

"We didn’t know how we would ever be able to get on the property ladder with a smaller deposit – then my Mum mentioned Shared Ownership!"

Maddie Homeowners at Limebrook Walk in Maldon, Essex

Register your interest

To be eligible for Shared Ownership, your household income must be less than £90,000 when buying a home in London and £80,000 for homes outside of London)
You will need to have sufficient savings to cover the costs associated with buying a home such as moving and solicitor fees (estimated between £4,500 - £5,500 and your mortgage deposit)

Before submitting your details, please read the terms and conditions, and read how we will use your personal information as described in the privacy policy.

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