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 Junction1-bedroom apartments for sale, around 45 sq m, with private balconies, bright interiors, efficient layouts, modern durable finishes and shared amenity spaces
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
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.
Free personalised new build selection
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
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
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
Addiscombe Grove CR0
by Pocket Living East CroydonNew 1-bedroom apartments for sale with compact open plan layouts, large windows, neutral decor, modern fitted kitchens, contemporary bathrooms and communal roof gardens
Middle Yard
by Union Developments Dollis Hill 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…
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.
Parkside Triangle
by Hyde New Homes Wallington1 and 2 bedroom apartments and 3 bedroom houses with private balcony or terrace, some with gardens, contemporary kitchens with integrated appliances
East Wick & Sweetwater
by Balfour Beatty Leyton1 bedroom apartments for sale. Future phases will add family and affordable homes with private gardens, communal green spaces and nearby primary school and nursery
The Beacon Bow
by Poplar Harca Bromley-by-Bow 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…
Lilium House
by SES Property Group Ltd NorburyStudio, 1, 2 and 3-bedroom apartments for sale with open-plan living, integrated appliances, modern bathrooms, private outdoor space, gated access and video entry.
Lumen
by Not yet determined Hackney Wick 1 and 2 bedroom warehouse style apartments for sale, with large windows, open plan kitchens, contemporary bathrooms, high quality finishes and functional layouts…
Lombard Square
by Berkeley Group Woolwich ArsenalNew 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
Carlton Place
by Home Group Queen's Park1 and 2 bedroom open plan flats with large windows, integrated kitchen appliances, modern bathrooms, private balconies or terraces, quality finishes and insulation
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.