New Build Flats Under £500,000 in London
✅ 108,906 new build flats and apartments under £500,000 across London by 134 developers.✅ Built by leading UK housebuilders. 24/7 concierge, private gyms, balconies, and 10-year warranty.
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
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
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
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
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.
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
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
Highcross
by Latimer West Croydon1, 2 and 3 bedroom apartments for sale, with stylish kitchens, integrated appliances, smart bathrooms, matt black fixtures and underfloor heating throughout
Axion House
by Square Roots Lewisham 1-bed, 2-bed and 3-bed homes across c.140 units, offered via Shared Ownership and London Affordable Rent; flexible internal layouts deliver adaptable living space…
Printmakers Yard
by Fairview New Homes BrentfordStudios, 1, 2, 3 bedroom apartments and 4 bedroom triplexes for sale, some with river views. No interior or design details are provided.
Post House
by SNG Syon Lane 1, 2 and 3 bedroom apartments for sale with open plan living, integrated kitchens, wood effect flooring, modern bathrooms, private balconies and rooftop garden…
Gordon Road
by Luxgrove Homes West Ealing 1, 2 and 3 bedroom flats for sale with open plan layouts, custom kitchens, quartz worktops, Bosch appliances, herringbone flooring and quality bathrooms…
25 Cuba
by Ballymore Canary WharfStudio, 1, 2 and 3 bedroom apartments for sale in a 47 storey tower, with modern design, indoor outdoor gym, communal spaces and large new public park
Trinity Park
by Lovell Charlton1, 2 and 3 bedroom new build flats for sale, with open plan living areas, large sash windows, private balconies or terraces and high quality finishes
Fish Island Point
by Peabody Stratford1 to 3 bedroom modern flats for sale with open plan living, high quality kitchens, generous bedrooms, floor to ceiling windows and landscaped communal spaces
Oh So Close
by Darglobal West EalingStudio, 1 and 2 bedroom apartments for sale with spacious layouts, elegant wood flooring, luxurious finishes and lower ground homes opening onto private gardens
Glengall Rise
by Southern Housing Group Queens Road Peckham1, 2 and 3 bedroom apartments for sale with high ceilings, large windows, polished concrete floors, white walls, flexible layouts and work from home spaces
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.