New homes coming soon to Plumstead, SE28
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Location
Plumstead, SE28
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Bedrooms
1 & 2-bedroom apartments
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Ways to buy
Shared Ownership
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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.
- 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.
Take a closer look...
CGIs (Computer Generated Images) are indicative only and provided by Berkeley Group
A place to call home...
Transport links
Places of interest
Welcome to the neighbourhood...
Situated in 1.8-acre Garden Square, a calm oasis amongst a vibrant community.
Take a 10-minute stroll to the Royal Arsenal Riverside and River Thames.
With rich history, significant landmarks and a strong focus on community engagement.
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.
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.
"Everyone at Peabody New Homes was so helpful and very efficient, guiding us through each stage of the process."
"Shared Ownership isn’t something that exists in Italy. I was able to buy a 50% share and find somewhere to call my own."
"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!"