New homes available now 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 £1,213 per month
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Deposit required
From £9,900 (10%)
Lombard Square - homes ready to move into now
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-build homes will offer the perfect blend of community, connectivity and nature. A real oasis in one of the capital's most up-and-coming neighbourhoods!
With a mix of 1 & 2-bedroom apartments in Plumstead available through Shared Ownership, Lombard Square is ideal for those looking to step onto the property ladder in a well-connected corner of London.
Your move, your way
Reserve your new home and enjoy up to £5,875 your way - whether that’s help with moving costs or furnishing your space, we’ve got it covered.
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.
- 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.
More than just a place to live...
Step outside your front door and into a lifestyle designed around you. Lombard Square brings together a curated collection of on-site amenities, from your morning coffee at our on-site café, to everyday essentials from Tesco Express - all just moments away. It’s convenience, comfort and community, seamlessly woven into daily life.
1.8 acre garden square
Living here, you’re surrounded by greenery. Enjoy the lush, rolling central garden with a tranquil wildlife pond, a generous lawn and natural play spaces. Whether it’s a picnic with friends or a stroll with a neighbour, every detail is designed with your wellbeing in mind.
Never miss a package
Our 24-hour concierge service is all about making life easier. From receiving packages and managing deliveries to providing local area information and booking services, the team has your daily needs covered.
Keep active
Stay active with ease at the fully equipped on-site gym, featuring state-of-the-art cardio and strength training equipment - all just moments from your front door.
*Monthly opt-in rolling contract. Speak to a member of our sales team for more details.
Coffee and groceries when you need them
Pick up your everyday essentials at the on-site Tesco Express. For your morning coffee, grab a flat white to go from the Coffee Club cart or settle in at the café - the perfect spot to recharge or work remotely.*
*Café coming soon.
Available homes
We have 12 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
Welcome to Plumstead
Plumstead is stepping into a new era. With huge regeneration and investment, it's fast becoming one of London's most up-and-coming neighbourhoods. Lombard Square sits at the heart of this change offering modern Shared Ownership apartments designed for buyers who want an affordable route onto the property ladder.
Plumstead is host to a rejuvenated high street lined with independent cafes, shops and restaurants alongside vibrant community spaces.
Just a short stroll and you'll be at Royal Arsenal Riverside, a buzzing waterside destination packed with places to go, from a sunrise Yoga class to dining al fresco, the area has you covered.
With a wide selection of eateries and social hangouts, there's something to suit every occasion. From Gulmi for fusion Nepalese and Indian flavours to Grizzly's Burgers. Fancy something lighter? Head to Boba for a bubble tea, or Plumstead Pantry for a quick tasty morsel.
Plumstead offers several green spaces for locals to enjoy, including the expansive Plumstead Common for leisurely walks or a spot of tennis. A little further afield - Greenwich Park with fantastic views of the city and Canary Wharf.
Moments from rail, DLR and Elizabeth Line stations, travelling around London couldn't be easier!
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 £330,000)
- £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.
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 can help first-time buyers in Plumstead 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, this option significantly reduces the upfront costs - especially if you’re looking at new build homes in Plumstead. 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.
"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!"
Looking for a wheelchair adaptable home?
Lombard Square offers a collection of 2-bedroom homes available through Shared Ownership. Simply register your interest, select add further details and tick the relevant box to let us know you're interested.
Register your interest
Book a viewing
