New homes in Plumstead, SE28
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Location
Plumstead, SE28 0FA
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Bedrooms
1 & 2-bedroom apartments
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Ways to buy
Shared Ownership
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Prices
From £99,000 (30% share of £330,000)
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Monthly cost
From £1,201 per month
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Deposit required
From £9,900 (10%)
Shared Ownership homes available at Lombard Square
Nestled in the heart of Plumstead and just moments from Woolwich Arsenal, this collection of 1 and 2-bedroom homes offers a new way to enjoy city life.
Homes ready to move in now with up to 5% towards your deposit when you reserve before 30 September.*
Available homes
We have 16 homes available
Financial information provided is estimated and should be used for guidance only. Speak to an Independent Mortgage Advisor for more details about the costs involved with buying a home.
Take a closer look...
*On-site gym is charged at an additional cost. Speak to a member of our sales team for more information.
A place to call home...
Transport links
Places of interest
Why buy at Lombard Square
Enjoy a sense of space and tranquillity, with fast connections to central London and beyond. These 1 & 2-bed apartments in Plumstead are ideal for first-time buyers and young professionals alike.
Want to know more about Pumstead? Read our area guide.
- Private outdoor space to all homes
- 1.8-acre garden square
- 24-hour concierge
- Right to park for selected homes
- Wheelchair adaptable homes available
- Local café & Tesco Express on your doorstep
- Integrated Bosch appliances
- Local gym
- 4-min walk to Plumstead station, 14-min walk to Woolwich for The Elizabeth Line
Gym part of the wider development, membership costs will apply. Parking is an additional cost.
Prepare for the Pleasantly Unexpected at Lombard Square
Over the coming months, we challenge AI and real people to take on three challenges, with Pleasantly Unexpected results. Watch Episode 1.
What is Shared Ownership?
Homes at Lombard Square are available through Shared Ownership, a part rent part buy affordable buying option.
Shared Ownership in Plumstead 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.
By buying through Shared Ownership, you will need a smaller deposit compared to buying on the open market. If you're exploring Greenwich apartments to buy or browsing new build homes in South East London, Shared Ownership at Lombard Square offers an accessible route to homeownership.
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.
"It feels amazing to be paying my own mortgage instead of someone else’s. I also plan to staircase in the future to increase my ownership share. Never in my wildest dreams did I imagine owning such an incredible property in such a perfect location - but here I am."
"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!"
Register your interest
Book a viewing
Frequently Asked Questions
Discover a range of frequently asked questions about Shared Ownership homes at Lombard Square. For more information, register your interest and a member of our team will be in touch.
There are no local area restrictions, and homes are available to anyone as long as they have a household income under £90,000 and meet the basic eligibility criteria for Shared Ownership.
When buying through Shared Ownership, you only need a deposit for the initial share of the home you are purchasing.
Based on a typical 10% deposit, you will need:
- £9,900 to reserve a 1-bedroom home (based on a 30% share price of £99,000)
- £11,000 to reserve a 2-bedroom home (based on a 25% share price of £110,000)
This information is to be used as a guide only and you should speak to an Independent Mortgage Advisor for more details about costs of buying with Shared Ownership.
Prices correct as of March 2026.
Minimum income varies depending on the home, the share you purchase and the associated monthly costs. As an example, the cheapest 1‑bed flat currently available at Lombard Square has a:
- Full market value: £330,000
- Share value: £99,000 (30%)
- Minimum deposit: £9,900
- Monthly cost: £1,213 (including mortgage, rent and service charge)
- Minimum household income required: £52,642
- Maximum household income: £90,000
Note you should always obtain a personalised affordability assessment.
Anyone 18+ permanently residing in the household will be included, in line with Shared Ownership eligibility criteria.
You can use our affordability calculator to get a clear picture of what you can afford when buying through Shared Ownership.
You can book a viewing right away.
Lombard Square has a selection of 1 & 2-bedroom Shared Ownership apartments available to move into now, and our show homes are open for viewings.
You can reserve the ready-to-move-into homes now for just £500.
Register your interest to book a viewing appointment today.
The homes are ready to move into now.
Lombard Square includes wheelchair‑adaptable homes.
Eligible buyers can purchase these properties through Shared Ownership in the same way as any other Peabody home. Wheelchair‑adaptable plots are prioritised for wheelchair users, and you can let us know that you are interested in one when you register your interest.
