New Build Flats Under £500,000 in London
✅ 98,967 new build flats and apartments under £500,000 across London by 135 developers.✅ Built by leading UK housebuilders. 24/7 concierge, private gyms, balconies, and 10-year warranty.
One Clapham
by Mount Anvil Clapham Junction1-bedroom apartments for sale, around 45 sq m, with private balconies, bright interiors, efficient layouts, modern durable finishes and shared amenity spaces
The Moxon
by Verta Property Group High Barnet1-3-bed flats, some duplexes, with light-filled plans, handleless two-tone kitchens, stone worktops, Bosch appliances, brushed-brass fittings, fitted wardrobes and MVHR.
Southmere
by Peabody Abbey Wood1, 2, 3 bedroom apartments for sale with big windows, private decks, spacious rooms, modern fitted kitchens, contemporary bathrooms and energy saving design
Free personalised new build selection
Dockley Apartment
by Matching Green Bermondsey1 and 2 bedroom flats for sale, each with a private terrace, open plan kitchen with integrated SMEG appliances, underfloor heating and contemporary bathrooms
Bermondsey Heights
by Barratt London South Bermondsey1, 2 and 3 bedroom flats for sale with open plan living, German designed kitchens, balconies or winter gardens, modern bathrooms and a shared roof terrace
Eastman Village
by Barratt London Harrow & Wealdstone1, 2 and 3 bedroom flats, 51–112 sq m, with open plan living, floor to ceiling glazing, private balconies or terraces, high specification, energy efficient systems
Uniquely Cricklewood
by Unique Property Group Cricklewood1, 2 and 3 bedroom flats for sale with open plan kitchens, large windows, private balconies, shared patios, modern bathrooms, durable floors and energy saving design
Granville Gardens
by One Housing Group Golders Green1 to 4 bedroom homes for sale with modern architecture, large windows, airy rooms, quality finishes, durable appliances, private balconies or gardens and shared green spaces
The BeCa
by Avanton Queens Road Peckham1 and 2 bedroom loft style apartments for sale with exposed concrete ceilings, industrial radiators, stone kitchens, designer bathrooms and private balconies
ICON at Burnt Oak
by Network Homes Burnt Oak1, 2 and 3 bedroom Shared Ownership apartments for first time buyers, offering contemporary comfort, green spaces nearby and easy access to local amenities
The Hue
by Fabrica Hounslow CentralNew 1, 2, 3 room apartments and 2 room duplexes for sale, with carefully designed, high quality interiors and contemporary urban architecture
Medford House
by McCarthy & Stone Purley1 and 2 bedroom retirement apartments for sale, some with balconies and garden views, with lifts, secure entry, club lounge and full property maintenance included
Sutton Garden Square
by Berkeley Group Sutton1-bed, 2-bed and 3-bed homes offer open-plan layouts, abundant natural light, high-end finishes and private balconies or terraces.
Charlotte Court
by Beverley Homes Oakwood 2-bedroom flats for sale with open plan living and kitchen, private balconies, integrated appliances, contemporary bathrooms and efficient air source heating…
Riverside Gardens
by Consero1-bed–3-bed homes 475–1,339 sq ft. Large units offer open-plan kitchen/living/dining. Some include Juliet balconies, terraces, river views and private patios
Hanwell Square
by Fabrica HanwellNew studio, 1 and 2 bedroom apartments for sale with private outdoor space, floor to ceiling windows, underfloor heating and high quality, design led interiors
Northwick Park
by Vistry Group Harrow-on-the-Hill1, 2 and 3 bedroom townhouses for sale, in a newly built community with open spaces, community buildings and environmentally friendly surroundings
Carriages, Purley
by Pegasus Life Purley Oaks1 and 2 bedroom apartments for over 60s with communal lounge, roof terrace, guest suite, exposed brickwork, bronze accents and modern, comfortable interiors
The Point at Eastbrooke Village
by Bellway Upney 1, 2 bedroom apartments and 3 bedroom townhouses for sale, with modern layouts, high quality finishes, energy efficient design and excellent natural light…
Meridian One
by Countryside Homes Enfield Town1, 2 and 3 bedroom flats for sale with balconies, practical layouts, modern open living spaces, oak wood effect flooring, Bosch appliances and underfloor heating
New Build Flats and Apartments Under £500,000 in London
The £500,000 price ceiling represents the most searched apartment category in Greater London, attracting both primary homebuyers and buy-to-let investors. With a £500,000 budget, buyers can secure high-specification 1-bedroom and 2-bedroom flats in popular Zone 2, Zone 3, and Zone 4 locations including Stratford, Greenwich, Acton, Wembley, Canada Water fringes, Deptford, and Finsbury Park.
Apartments in this price bracket regularly feature hotel-style resident amenities: 24-hour concierge services, on-site fitness suites, residents' co-working lounges, landscaped courtyards, and secure underground cycle storage. Every flat comes with a 10-year structural warranty, high-speed fiber broadband, and energy-efficient underfloor heating.
FAQ: New Build Flats Under £500,000 in London
First-time buyers benefit from SDLT relief on purchases up to £500,000, paying 0% on the first £425,000 and 5% on the portion between £425,000 and £500,000 (a maximum of £3,750 on a £500,000 flat). Standard movers pay tiered rates starting from £250,000.
Yes. Zone 2 locations such as Bermondsey, Deptford, Stratford, Bow, and North Acton offer modern 1-bedroom and compact 2-bedroom apartments under £500k, providing rapid transit connections to the City and Canary Wharf.
Newly built apartments in London are typically issued with 999-year leases (or a minimum of 250 years) with zero ground rent, ensuring long-term mortgageability and resale security.
Gross rental yields on £500k apartments typically range between 4.8% and 5.8%, driven by continuous demand from corporate professionals seeking energy-efficient homes with on-site amenities.