Gen-Z Buyers Want This: Future-Proof Homes in Regeneration Zones

A dramatic shift is underway in London’s property market. Younger buyers — especially Gen Z and younger millennials — are redefining what “home” means. Gone are the days when owning a cramped Victorian flat or a tiny, overpriced studio in Zone 1 was the dream. Today’s buyers prioritize energy efficiency, transport convenience, access to green space, walkability, and contemporary design.

Southmere ticks all those boxes. As part of Peabody’s masterplan in South Thamesmead, this new-build lakeside community offers sustainable, design-led homes framed by water and greenery.

What Modern Buyers Want — and What Southmere Delivers

1. Sustainability & Energy Efficiency
   The second phase of regeneration in South Thamesmead — being built by Peabody and Lovell — includes 329 energy-efficient homes, 42% of which will be affordable.
2. Nature & Well-Being
   Southmere is surrounded by a rich network of green spaces and lakes. There are five lakes, seven kilometres of canals, and about 370 acres of green space in Thamesmead.
3. The area’s redevelopment plans also include new walking routes, rain gardens, community gardens, and improved biodiversity — creating a place that supports mental wellness and outdoor living.
4. Waterfront Lifestyle
   Living by Southmere Lake isn’t just a view: Peabody has invested £2.5 million into improving water quality and wildlife habitats around the lake.
5. There’s also long-term ambition for water-based recreation, like paddleboarding or kayaking, thanks to planned boating facilities.
6. Connectivity & Work-Life Flexibility
   Southmere is just minutes away from Abbey Wood station — giving residents quick access to Canary Wharf in around 11 minutes, thanks to the Elizabeth Line.
7. Inside the development, homes are complemented by shared-resident amenities: a co-working space, concierge, residents’ lounge, and even a cinema room.
8. Community & Design
   The first phase of Southmere already delivered 534 homes, over half of which are affordable, plus a public square, library (The Nest), cafés, and shops.
9. Future phases continue the community-led approach: walkable “quiet ways” connect homes to communal spaces and nature, and local people have been deeply involved in designing new outdoor areas.

Why Southmere Is More Than Just Trendy — It’s Future-Proof

This isn’t a passing fad — it’s a structural shift. In a post-pandemic world, Londoners are increasingly valuing well-being, sustainability, and social connection over mere prestige. Southmere’s appeal isn’t superficial: it’s built to last and to grow with its residents.

For young professionals, families, and overseas buyers who want a slice of London life — without sacrificing green space, community, or long-term value — Southmere is rapidly becoming the go-to. New-town vibrancy plus lakeside calm is proving more compelling than crowded, high-priced city centre flats.

‍