AFFORDABLE HOMES
THE PLEASANTLY UNEXPECTED SIDE OF LONDON LIVING When searching for a first home in London, buyers are often told they need to compromise. More space means a longer commute. Green surroundings mean sacrificing convenience. Affordability means settling for less.Yet at Lombard Square in Plumstead, a different story is unfolding
A HOME DESIGNED AROUND REAL LIFE
Part of Peabody New Homes’ collection of Shared Ownership homes, Lombard Square challenges assumptions about what a first time buyer’s budget can achieve in the capital. Set around a landscaped 1.8-acre garden square and moments from excellent transport connections, it is a place where some of London’s most unexpected discoveries begin. MORE THAN YOU MIGHT EXPECT For many buyers, Plumstead is a location they think they know. Nestled between the heritage of Greenwich and the transformation of Woolwich, it is often overlooked in favour of more established London postcodes. But spend a little time here and a different picture emerges. Independent cafes, quaint local eateries and everyday conveniences sit alongside riverside walks, green spaces and a growing community atmosphere. Royal Arsenal Riverside is within easy reach, while Greenwich’s parks, entertainment and food scene can become part of everyday life. What makes Lombard Square particularly appealing is how it combines these neighbourhood qualities with exceptional value. Shared Ownership homes are available from £99,000 for a 30% share, opening the door to homeownership for buyers who may have assumed London property ownership was beyond reach.
mean commuting from Lombard Square can be quicker than from many higher-priced neighbourhoods. Excellent connections also make it easy to enjoy weekends across the capital or escape to the Kent coast. A PLACE TO PUT DOWN ROOTS Lombard Square offers more than a new apartment. It offers the chance to be part of a growing neighbourhood while enjoying the benefits of an established local community. For first time buyers navigating an increasingly challenging property market, that combination can feel refreshingly rare. A greener setting than expected. Better connections than anticipated. More amenities than imagined. And a pathway to homeownership that feels achievable. Sometimes, the best opportunities in London are the ones you weren’t expecting to find.With Shared Ownership homes available from £99,000 for a 30% share, Lombard Square is a pleasantly unexpected opportunity that first time buyers should experience for themselves. Lombard Square feels like a peaceful retreat from peaceful retreat from the pace of London life
The collection of one and two bedroom apartments has been designed with modern living in mind. Open-plan layouts create bright, flexible spaces suited to working from home, entertaining friends or simply relaxing. Every home benefits from private outdoor space, integrated Bosch appliances and contemporary finishes. Rather than asking buyers to compromise between practicality and style, Lombard Square delivers both. EVERYDAY CONVENIENCE, ON YOUR DOORSTEP One of the development’s biggest surprises is the lifestyle it offers beyond the front door. Residents have access to a concierge service, an on-site gym and a supermarket, making everyday life easier. At the heart of the development sits the garden square itself. Designed as a place for connection as much as relaxation, it features landscaped planting, open lawns, seating areas and a wildlife pond. Despite being close to major transport routes and local amenities, Lombard Square feels remarkably peaceful, creating an unexpected retreat from the pace of London life. BETTER CONNECTED THAN YOU THINK Connectivity is another example of the pleasantly unexpected. Plumstead station is a short walk away, offering Southeastern services, while nearby Woolwich connects residents to the Elizabeth Line and DLR. For many first time buyers considering south east London, journey times often come as a surprise. Fast routes to Canary Wharf, London Bridge, Liverpool Street, King’s Cross and beyond
At a glance
Landscaped 1.8-acre garden square
Access to on-site gym
peabodynewhomes.co.uk/lombardsquare/
36 First Time Buyer October/November 2026
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