Property in: LONDON
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New Build Homes in London for Sale under £500 000

✅ 328 new build homes available in London under £500 000
✅ Direct offers from over 200 leading London developers
Hayes Village

Hayes Village

by Barratt London Hayes & Harlington
1 • 2 • 3 beds
1Q/2028

Modern canalside development with over 1,000 homes, landscaped squares, shared gardens, retail, secure access, lifts and parking, ideal for long term living or renting

Price from£275,000
Dockley Apartments

Dockley Apartments

by Matching Green Bermondsey
1 • 2 beds
Ready to move

New homes with terraces and rooftop gardens, play area and peaceful courtyard, near parks, markets, schools, gyms, medical care and fast links across the city

Price from£495,000
Bermondsey Heights

Bermondsey Heights

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

Striking 28 storey tower with 163 modern homes, concierge, secure access, rooftop terrace and landscaped gardens, offering strong transport links and investment potential

Price from£430,000

Free personalised new build selection

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St Olaves

St Olaves

by Peabody Canada Water
1 • 2 • 3 beds
Ready to move
Contemporary towers with 1, 2 and 3 room homes, private balconies, terraces or gardens, close to parks, schools, gyms, shops, buses and trains
Price from£467,500
Gordon Road

Gordon Road

by Luxgrove Homes West Ealing
1 • 2 • 3 beds
Ready to move
Contemporary building with clean lines, quality construction, natural light, open plan spaces and durable finishes, set in a well serviced, established urban area
Price from£475,000
The Green Quarter

The Green Quarter

by Berkeley Group Southall
1 • 2 • 3 beds
4Q/2036

Sustainable new homes with acres of parkland, canal frontage, gym, cinema, lounge, on site shops and fast rail links to the centre and airport

Price from£385,000
Charlotte Court

Charlotte Court

by Beverley Homes Oakwood
2 beds
Ready to move
New 2 and 3 bedroom apartments from £475,000 with efficient layouts, private balconies, modern finishes, green space nearby and a 10 year structural guarantee.
Price from£475,000
100 Woodgate Drive

100 Woodgate Drive

by Latimer Streatham
1 • 2 beds
Ready to move
A 14-storey tower with a planted public realm and balconies, integrating communal social spaces, cycle facilities, bike hire and a Shared Mobility Hub.
Price from£382,000
The Eight Gardens

The Eight Gardens

by Berkeley Group Watford
Studio • 1 • 2 • 3 beds
4Q/2030

Modern development with landscaped gardens, art installations, gym, concierge, business lounge, screening room and eco features like rainwater harvesting and urban farming

Price from£320,500
Arden

Arden

by Peabody Lewisham
1 • 2 beds
Ready to move
New homes with modern design, green courtyards, wellness spaces, coworking hub and screening room offer style, comfort and strong long term investment potential
Price from£465,000
Randolph House

Randolph House

by McCarthy & Stone Kenton
1 beds
Ready to move

New retirement building with secure entrance, lounge, garden tables, guest suites, wide step free access, lifts, parking, nearby parks, shops, gyms and medical care

Price from£249,995
Coppice Yard

Coppice Yard

by Stone Selhurst
1 • 2 • 3 beds
Ready to move
Modern courtyard style, secure gated entrance, gardens, outdoor gym, swimming pool and energy smart design make this 54 home development a strong investment
Price from£360,000
Lumen

Lumen

by Not yet determined Hackney Wick
1 • 2 • 3 beds
Ready to move
New warehouse style homes with 1, 2 and 3 rooms, boutique design, quality finishes, large windows, nearby parks, cafes, schools, gyms and strong transport links
Price from£485,000
St Andrew’s Park

St Andrew’s Park

by St Modwen Uxbridge
1 • 2 • 3 beds
Ready to move

Modern homes in a historic setting, with parks, shops, schools, healthcare and transport links nearby, offer sustainable living and strong long term lifestyle appeal

Price from£300,000
Russell Hill Road

Russell Hill Road

by Hexagon Housing Association Purley
1 • 2 • 3 beds
Ready to move
Modern residential building with contemporary design, quality finishes, secure video entry, green spaces nearby and excellent road links, ideal for long term living
Price from£350,000
Wimbledon Bridge House

Wimbledon Bridge House

by London Square Wimbledon
Studio • 1 • 2 beds
3Q/2028

Modern mixed use building with landscaped spaces, strong transport links, shops, gyms, parks and schools nearby, offering sustainable long term investment potential

Price from£487,500
Tanners House

Tanners House

by BAR Homes Stratford
1 beds
Ready to move
A locally listed former tannery integrates high ceilings, tall and sky windows, balconies, a communal garden, chill-out space and secure cycle parking.
Price from£400,000
Grahame Park

Grahame Park

by Notting Hill Genesis Sales Colindale
1 • 2 • 3 beds
1Q/2027
Modern regeneration project with green courtyards, new parks, shops, cafes, college, library and community spaces, offering strong rental yields and growth potential
Price from£375,000
Kensal View

Kensal View

by Yellow Brick Estates Willesden Junction
1 • 2 • 3 beds
Ready to move

A modern 9 floor building with 38 homes, gardens, cycle storage, secure access, lifts and efficient design, close to parks, transport and daily amenities

Price from£380,250
Gasworks

Gasworks

by Avanton Queenstown Road
1 • 2 • 3 beds
1Q/2028

Tall modern towers with restored historic structure, green public space, future transport upgrade and mix of market and affordable homes create strong long term value

Price from£465,000

Affordable New Homes in London under £500 000

Finding new build homes in London under £500 000 is a priority for first-time buyers and investors. Our catalogue features 328 available properties in this price range, including studios and 1-bedroom homes in developing areas. All projects offer modern energy-efficient designs and current market pricing.

Browse by price range:

New builds under £500,000 New builds under £1,000,000
New builds under £1,500,000 New builds under £2,000,000

FAQ: New Build Homes in London under £500 000

Are there new build homes in London priced under £500 000?

Yes, there are currently 328 developments in London with properties under £500 000. These include both ready-to-move and off-plan homes.

What type of home can I buy for less than £500 000?

In this budget, buyers can typically find modern studios and 1-bedroom homes. Some options in developing areas may also offer 2-bedroom properties.

Is it possible to buy off-plan under £500 000?

Yes, buying off-plan under £500 000 is a common way to secure a new home at current prices with completion dates through to 2030.

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