£108,750
Stylish ready-to-move-into in homes Plumstead, SE28 - surrounded by a 1.8-acre garden! Plus, move in with a spring boost up to £5,875!*
Lombard Square is a brand-new collection of Shared Ownership apartments in the Royal Borough of Greenwich, in southeast London.
All the homes offer spacious, open-plan layouts with private outdoor space to every home, as well as access to the communal 1.8-acre Garden Square designed with your well-being in mind.
These amazing homes are in a prime position close to the River Thames, and just a 5-minute walk from Plumstead train station, and Woolwich and Woolwich arsenal stations close by with fast routes into central London.
What to expect at Lombard Square:
- Experience nature all around you with a new 1.8-acre Garden Square
- Gym, coffee shop and local supermarket on your doorstep*
- Take a 10-minute stroll to the Royal Arsenal Riverside and River Thames
- Catch direct trains to Canary Wharf, Liverpool Street & London Bridge
- Prime connections with Plumstead station just a 5-minute walk, and Woolwich and Woolwich Arsenal stations close by*
- Wheelchair adaptable homes available
2-Bedroom Shared Ownership apartment cost breakdown - 25% share example
Full market value = £435,000
Example 25% share price = £108,750
Estimated monthly mortgage = £543
Estimated monthly rent = £765
Estimated monthly service charge = £286
Estimated monthly cost = £1,594
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Disclaimers & T&Cs
*Images are CGIs subject to change