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Lombard Square — A New Chapter for Plumstead, Royal Borough of Greenwich
Where Vision Meets Community: Lombard Square, Plumstead
South-East London is undergoing one of its most exciting transformations in a generation — and at the heart of it stands Lombard Square, a landmark residential development by the Berkeley Group, delivered in partnership with Peabody. Nestled in the vibrant neighbourhood of Plumstead within the Royal Borough of Greenwich, Lombard Square is far more than a collection of homes. It is a bold reimagining of urban living — a place where community, sustainability, and exceptional design converge.
Spanning an impressive 17 acres of formerly inaccessible industrial brownfield land, this development is one of the largest regeneration projects in the Royal Borough of Greenwich, forming a key part of the wider Thamesmead and Abbey Wood Opportunity Area. With a total investment of £550 million and nearly 1,913 homes planned across multiple phases, Lombard Square is setting a new benchmark for modern London living.
A Place to Call Home
Lombard Square offers a carefully curated selection of 1, 2, and 3-bedroom apartments, each designed to the exacting standards Berkeley Group is renowned for. Inspired by the elegance of traditional London mansion blocks, the architecture strikes a harmonious balance between classic character and contemporary living.
At the heart of the development lies a breathtaking 1.8-acre landscaped central garden square — a biodiverse sanctuary where residents can unwind, connect, and enjoy the outdoors without leaving home. A serene lake, lush green corridors, and thoughtfully designed communal spaces create a genuine sense of place that is rare in modern urban developments.
Residents will also enjoy access to an exclusive suite of on-site amenities, including:
- A dedicated concierge service
- A state-of-the-art Corner Club Gym
- On-site supermarket, cafés, and restaurants
- Over 47,000 sq ft of commercial and employment space
- New pedestrian and cycle links connecting Plumstead and Thamesmead
Superb Connectivity to Central London
One of Lombard Square's most compelling attributes is its outstanding transport connectivity. Situated just 200 metres from Plumstead National Rail station and within easy walking distance of Woolwich Elizabeth Line station, residents enjoy swift, direct access to the very best of London:
- London Bridge & Cannon Street — via National Rail
- Canary Wharf, Liverpool Street, Tottenham Court Road & Heathrow Airport — via the Elizabeth Line
Whether commuting to the City, exploring the West End, or catching a flight, Lombard Square places the whole of London — and beyond — within effortless reach.
A Sustainable Vision for the Future
Lombard Square has been designed with sustainability at its core. The development incorporates an advanced ground-source heat pump energy system, significantly reducing carbon emissions and supporting a low-carbon lifestyle for every resident. Green spaces, biodiversity-rich landscaping, and new active travel routes further underline Berkeley Group's commitment to building communities that are as kind to the planet as they are beautiful to live in.
The wider regeneration of Plumstead is also gathering momentum, with £5.2 million being invested in the brand-new Plumstead Centre — encompassing a library, leisure facilities, public realm improvements, refreshed shopfronts, and striking public artwork that celebrates the area's unique identity.
An Exceptional Investment Opportunity
For investors, Lombard Square represents a rare opportunity to acquire premium London property at prices up to 40% lower than the neighbouring Royal Arsenal Riverside development — with the potential for significant capital growth as the area continues to flourish.
Key investment highlights include:
- Rental yields consistently over 6%
- Estimated rental income of £1,850 per month for 1-bedroom apartments
- First phase now over 81% sold — second phase now available
- Phased completion between 2025 and 2030, offering early-mover advantage
- Lower interest rate mortgages available — making it cheaper to buy than rent
Current Pricing
- 1-bedroom apartments from £337,500
- 2-bedroom apartments from £460,000
- 3-bedroom apartments from £565,000
The Neighbourhood: Plumstead Reimagined
Plumstead is a neighbourhood on the rise. With its rich history, growing creative scene, and proximity to the open green spaces of Plumstead Common and the Thames, it offers a quality of life that is increasingly attracting discerning buyers and renters alike. Lombard Square sits at the epicentre of this transformation — connecting residents to the best of both worlds: the tranquillity of a well-established community and the energy of one of London's most exciting regeneration stories.
Neighbouring Berkeley development Royal Arsenal Riverside has already demonstrated the transformative power of thoughtful regeneration in this part of Greenwich, and Lombard Square is set to build on that legacy in spectacular fashion.
Discover Lombard Square
Whether you are searching for your perfect home or a high-performing investment in one of London's most dynamic growth corridors, Lombard Square by Berkeley Group deserves your attention. With limited units remaining in the current phase, now is the time to act.
Explore available apartments and register your interest today.
