Property in: LONDON
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New Build Flats Under £500,000 in London

✅ 112,702 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 Junction
Studio • 1 beds
4Q/2026

1-bedroom apartments for sale, around 45 sq m, with private balconies, bright interiors, efficient layouts, modern durable finishes and shared amenity spaces

Price from£498,500

Southmere

by Peabody Abbey Wood
2 • 1 • 3 beds
4Q/2026

1, 2, 3 bedroom apartments for sale with big windows, private decks, spacious rooms, modern fitted kitchens, contemporary bathrooms and energy saving design

Price from£340,000

The Moxon

by Verta Property Group High Barnet
1 • 2 • 3 beds
4Q/2027

1-3-bed flats, some duplexes, with light-filled plans, handleless two-tone kitchens, stone worktops, Bosch appliances, brushed-brass fittings, fitted wardrobes and MVHR.

Price from£374,000

Free personalised new build selection

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Eastman Village

by Barratt London Harrow & Wealdstone
1 • 2 • 3 beds
Ready to move

1, 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

Price from£340,000

Dockley Apartment

by Matching Green Bermondsey
1 beds
Ready to move

1 and 2 bedroom flats for sale, each with a private terrace, open plan kitchen with integrated SMEG appliances, underfloor heating and contemporary bathrooms

Price from£475,000

Bermondsey Heights

by Barratt London South Bermondsey
1 • 2 • 3 beds
Ready to move

1, 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

Price from£428,000

Uniquely Cricklewood

by Unique Property Group Cricklewood
1 • 2 • 3 beds
Ready to move

1, 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

Price from£400,000

Granville Gardens

by One Housing Group Golders Green
1 beds
Ready to move

1 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

Price from£246,000

The BeCa

by Avanton Queens Road Peckham
1 • 2 beds
1Q/2027

1 and 2 bedroom loft style apartments for sale with exposed concrete ceilings, industrial radiators, stone kitchens, designer bathrooms and private balconies

Price from£455,000

ICON at Burnt Oak

by Network Homes Burnt Oak
1 • 2 • 3 beds
Ready to move

1, 2 and 3 bedroom Shared Ownership apartments for first time buyers, offering contemporary comfort, green spaces nearby and easy access to local amenities

Price from£340,000

Addiscombe Grove CR0

by Pocket Living East Croydon
1 beds
Ready to move

New 1-bedroom apartments for sale with compact open plan layouts, large windows, neutral decor, modern fitted kitchens, contemporary bathrooms and communal roof gardens

Price from£199,999

Middle Yard

by Union Developments Dollis Hill
1 • 2 • 3 beds
Ready to move
1, 2 and 3 bedroom flats for sale, each with individual layouts, quality finishes, private balcony or terrace, access to gardens, gym, pool and car free grounds…
Price from£475,000

Sutton Garden Square

by Berkeley Group Sutton
1 • 2 • 3 beds
2028 – 2029

1-bed, 2-bed and 3-bed homes offer open-plan layouts, abundant natural light, high-end finishes and private balconies or terraces.

Price from£375,000

Parkside Triangle

by Hyde New Homes Wallington
1 • 2 beds
Ready to move

1 and 2 bedroom apartments and 3 bedroom houses with private balcony or terrace, some with gardens, contemporary kitchens with integrated appliances

Price from£327,500

East Wick & Sweetwater

by Balfour Beatty Leyton
1 • 2 • 3 • 4 beds
1Q/2029

1 bedroom apartments for sale. Future phases will add family and affordable homes with private gardens, communal green spaces and nearby primary school and nursery

Price from£470,000

The Beacon Bow

by Poplar Harca Bromley-by-Bow
1 • 2 beds
Ready to move
1-bed (50.3–50.8 sq m) and 2-bed (70.3–78.9 sq m) open-plan homes: navy full-height kitchens, quartz worktops, Amtico herringbone, underfloor heating, built-in wardrobes…
Price from£385,000

Lilium House

by SES Property Group Ltd Norbury
Studio • 1 beds
Ready to move

Studio, 1, 2 and 3-bedroom apartments for sale with open-plan living, integrated appliances, modern bathrooms, private outdoor space, gated access and video entry.

Price from£275,000

Lumen

by Not yet determined Hackney Wick
1 • 2 • 3 beds
Ready to move
1 and 2 bedroom warehouse style apartments for sale, with large windows, open plan kitchens, contemporary bathrooms, high quality finishes and functional layouts…
Price from£485,000

Lombard Square

by Berkeley Group Woolwich Arsenal
1 • 2 • 3 beds
2026 – 2032

New 1, 2 and 3 bedroom flats for sale with layouts from 490 to 947 square feet, in mansion block style buildings with landscaped seasonal gardens nearby

Price from£325,000

Carlton Place

by Home Group Queen's Park
1 • 2 beds
Ready to move

1 and 2 bedroom open plan flats with large windows, integrated kitchen appliances, modern bathrooms, private balconies or terraces, quality finishes and insulation

Price from£482,000

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

How much Stamp Duty (SDLT) applies to flats under £500,000?

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.

Can you buy a Zone 2 new build apartment for under £500,000?

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.

What length of lease is standard for newly built flats?

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.

What rental yield can investors expect from a £500k flat?

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.

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