Lombard Square

Shared Ownership available

Plumstead | SE28

Shared ownership 1 & 2-bed apartments around a 1.8-acre garden square, minutes from Royal Arsenal Riverside and the Elizabeth line.

Photos

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Shared ownership

Own a share, pay rent on the rest

Buy between 25% and 75% of a home, with a mortgage and deposit based only on your share. You pay a reduced rent on the part you don't own, and can buy more over time until you own it outright.

Who's eligible

  1. 1Household income of £90,000 or less a year (London)
  2. 2You can't afford a suitable home on the open market
  3. 3First-time buyer, or you used to own and can't afford to now
  4. 4A deposit of at least 10% of your share and a clean credit history

Final eligibility is confirmed by the housing provider. An independent financial assessment confirms the share you can afford.

What it costs · 1 Bedroom

Full value £325,000 – £400,000

Share you buy

25%

up to 75%

Share price

£81k–100k

£81,250 – £100,000

Deposit from

£8,125

10% of your share

Monthly breakdown

Mortgage

On 90% of your share · 30 years, 5.5% illustrative rate

£415 – £511

Rent

2.75% a year on the 75% you don't own · reviewed annually

£559 – £688

Service charge

4 per sq ft a year · 490 - 564 sq ft

£163 – £188

Total per month

£1,137 – £1,387

Illustrative figures for a 25% share. Your mortgage rate, rent and service charge are confirmed by the lender and housing provider.

  1. 01

    Buy your share

    Choose a share from 25% to 75%. Your mortgage and deposit are based on that share only.

  2. 02

    Pay rent on the rest

    Reduced rent on the unsold share, plus service charge. One combined monthly payment.

  3. 03

    Buy more over time

    Increase your share in steps of 1% or more (“staircasing”) until you own 100% and stop paying rent.

Book a viewing

You're one step away.

You've seen the space, the floorplans, the numbers. The only thing left is to walk through the door. Viewings are allocated on a first-come, first-served basis and this development is moving quickly — book yours before someone else does.

Book my viewing

Free, no obligation · Shared ownership viewings Thu–Sat, 10am–3pm

Floor plan & description

About Lombard Square

In one line: Ready-to-move-into 1 and 2-bed shared ownership homes set around a 1.8-acre garden square, with a concierge, gym and Tesco Express on site. Picture this: Grab a flat white from the Coffee Club cart, cut across the garden square past the wildlife pond and walk 4 minutes to Plumstead station. London Bridge is around 25 minutes away, or walk to Woolwich and take the Elizabeth line to Canary Wharf. Weekends mean riverside brunch at Royal Arsenal Riverside or a walk on Plumstead Common. The area: Plumstead, SE28, in the Royal Borough of Greenwich, on the site where Woolwich Arsenal FC once played. The high street has independents like Gulmi (Nepalese and Indian), Grizzly's Burgers, Boba and Plumstead Pantry. Plumstead Common has tennis courts, and Greenwich Park is a short ride away. Private Residents' Amenities: 24-hour concierge · on-site gym (optional paid membership) · 1.8-acre garden square with wildlife pond, lawn and natural play · Tesco Express and café on site (café coming soon) · right to park for selected homes (extra cost). Apartment Specification: Every home has private outdoor space and integrated Bosch appliances. Wheelchair adaptable 2-bed homes available. Exceptional Transport Links: Plumstead station 4-min walk | London Bridge approx. 25 min | Woolwich (Elizabeth line) 14-min walk | Canary Wharf 8 min | Liverpool Street 15 min | Bond Street 23 min | Uber Boat from Woolwich Pier | Royal Arsenal Riverside 10-min walk. Local Context: Net-zero development with ground-source heat pumps and solar. Built in partnership with Berkeley. Shared ownership open to households earning under £90,000. Completed Homes Available Now: 1 and 2-bed homes across Kubrick, Dray, Hopper and Burrell House, ready to move into now, with show homes open. Reserve for £500 and get up to £5,875 towards moving or furnishing.

Specification, price & parking

Type

1 Bedroom Flat

Size

490 - 564

Price

£325,000 – 400,000

25% share from · Monthly from

£81,250 · £1,137

Type

2 Bedroom Flat

Size

678 - 792

Price

£435,000 – 575,000

25% share from · Monthly from

£108,750 · £1,529

Type

3 Bedroom Flat

Size

1,100

Price

£505,000 – 670,000

25% share from · Monthly from

£126,250 · £1,880

Also available with full ownership. Monthly figure includes the mortgage on a 25% share, rent and service charge.

Features

Features

  • Plumstead station 4 minutes' walk
  • Canary Wharf in 8 minutes via Elizabeth line
  • Private outdoor space to every home
  • Integrated Bosch appliances
  • Wheelchair adaptable homes available
  • Right to park for selected homes

Amenities

Amenities

  • 24-hour concierge
  • On-site gym (optional membership)
  • Tesco Express
  • Coffee Club cart and café
  • 1.8-acre garden square
  • Wildlife pond and natural play
  • Royal Arsenal Riverside
  • Plumstead Common

Service charge & map

Service charge

4

per sq ft / year

No. of floors

10

floors

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