Now launched! New homes in Thamesmead, SE2
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Location
Thamesmead, SE2 9SH
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Bedrooms
1, 2 & 3-bedroom apartments and duplexes
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Ways to buy
Private sale / Shared Ownership
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Prices
From £350,000 for private sale homes. Shared Ownership coming early 2026
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Deposit required
From £35,000
Lakeside living. More than just a view at Southmere.
The next phase at Southmere will create a vibrant waterside community offering panoramic views towards the City whilst surrounded by abundant green space, and just minutes from central London.
Imagine the scene: a beautiful new home beside Southmere Lake, amid so much green and blue space you’ll find it hard to believe you’re still in London, yet just 11 minutes from Canary Wharf.
Discover the collection of 1, 2 and 3-bedroom homes, available to reserve now.
Why buy at Southmere
Make your home beside Southmere Lake and enjoy vistas you can paddle across, journeys into London you can make in minutes and roots you can put down for life.
- Elegant, design-led apartments
- Private balconies to all homes
- Lakeside living
- Residents' lounge, co-working space & concierge service
- Residents' cinema & entertainment room
- 5-mins to the Elizabeth Line at Abbey Wood
- 11-mins to Canary Wharf & 25-mins to Bond Street
- Anytime Fitness, Co-Op and art centre Taco on-site
Amenities subject to change. Entertainment room coming in phase 2 and only available to residents in Skyline. Travel times are approximate and taken from Google Maps.
Homes of the Month
Save up to £32,940 when you reserve! Enjoy 12 months of mortgage payments on us on selected homes this July.*
Available homes
We have 18 Homes available
Homes of the month: 12-months mortgage paid incentive available on C-00-06, C-02-01, C-02-03, C-02-07, C-02-08
See Southmere come to life
Take a closer look...
CGIs (Computer Generated Images) are indicative only
CGIs (Computer Generated Images) are indicative only
CGIs (Computer Generated Images) are indicative only
Life on the water at Southmere Lake
Experience lakeside living in Thamesmead like nowhere else. Southmere offers a unique blend of tranquil lakeside vibes, abundant green space and ultra-fast connections, located in a prime spot in Thamesmead in south east London.
Transport links
Places of interest
Lakeside living
The spacious new promenade alongside the western edge of Southmere Lake is a spectacular place to walk, run, cycle or simply sit and enjoy the panoramic views.
By 2050 there will be a further 20,000 new homes and 100,000 residents, helping Thamesmead become London's new town.
Be in Canary Wharf in 11 mins and Liverpool Street in 17 mins on the Elizabeth line from Abbey Wood.
An unexpected oasis of tranquility. Explore 5km of Thames pathway, six lakes and 7km of canals.
Get access to a concierge service, co-working space, lounge and cinema room.
Invest in your future
The planned £9 billion of investment across 200 acres makes this town one of the biggest regeneration projects in the UK.
*Analysis provided by Peabody, Thamesmead, Ordnance Survey 2024, Dataloft by PriceHubble, Land Registry, Ofsted 2022/3, BRES 2023, CBRE. For full details, see the investor guide.
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38% 10-year price growth forecast for south east London
Making the Southmere regeneration a significant growth opportunity.
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On average £817,468 cheaper than Liverpool Street
Liverpool Street is 17 minutes away but average new-build apartment prices at Southmere are £817,468 less expensive, a saving of £48,086 per additional minute of commute time.
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Rental yield up to 6.3%
Average yields have risen substantially in south east London over the last 5 years, with rental growth forecast to continue.
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Rental values up to £650 per week/£33,800 annually
The rental market in the local area is thriving and expanding, drawing in well-paid renters working in London’s employment hubs.
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8% higher average rent for homes near Elizabeth Line stations
With the opening of the Elizabeth line at Abbey Wood, journey times into Central London have halved, making Southmere one of the best-connected developments in south east London.
Introducing Skyline and Lakeshore
Discover two distinctive lakeside buildings with scenic views of the lake, city skyline, or both
Don't just take our word for it...
Read a collection of homeowner stories from recent Peabody New Homes customers.
"Having commuted to Canary Wharf from Kent, the fact I’m now able to reach work in 11 minutes is truly amazing. A few years ago, I would never have believed I’d be living with such a quick travel to central London!"
"The show home and sales team were great. The flat I’ve chosen has a view of London, which is very rare, especially for the price!"
Register your interest
Delivered in partnership with Lovell Homes
Peabody New Homes is working jointly with Lovell Homes to provide 329 new homes in Thamesmead.
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.