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

✅ 324 new build homes available in London under £500 000
✅ Direct offers from over 200 leading London developers
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
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
London Square Woolwich

London Square Woolwich

by London Square Woolwich Arsenal
1 • 2 beds
1Q/2028

A 15 storey tower with coworking areas, concierge, rooftop terraces and new green spaces, offering strong growth potential and a vibrant evolving community
Price from£438,500

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Pudding Mill Lane

Pudding Mill Lane

by Vistry Group Stratford
1 • 2 • 3 beds
2029 – 2033

Mixed use project with new homes, commercial space, cafes, gyms, schools and parks nearby, plus excellent transport links and future focused regeneration benefits
Price from£435,000
Ferry Island North

Ferry Island North

by Sage Homes Tottenham Hale
Studio • 2 beds
Ready to move

New homes in a modern building with landscaped plazas, secure entry, bike storage and quick links across the city. Close to shops, gyms, parks and wetlands.
Price from£340,000
Meridian One

Meridian One

by Countryside Homes Enfield Town
2 beds
Ready to move

Modern new build with parks, cafes, co working spaces and gyms nearby, fast links across the city and long term council backed regeneration for secure investment
Price from£350,000
Athena Apartments

Athena Apartments

by Tremula Property Northwood Hills
2 • 1 • 3 beds
Ready to move
3-level red brick building with contemporary details, windows, balconies, underfloor heating, efficient lighting, secure cycle storage and electric vehicle charging.
Price from£350,000
The BeCa

The BeCa

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

Design-led loft inspired building by award winning architects, with porter, co working space, games room, roof terraces, retail and future gym, in a major regeneration area
Price from£475,000
55 Morning Lane

55 Morning Lane

by Hackney Council Hackney Central
1 • 2 • 3 beds
4Q/2028

Contemporary council led mixed use building with homes, supermarket, shops, greener public space and jobs, designed for affordability, vitality and community benefit
Price from£460,000
The Pensmith

The Pensmith

by Southwark Council Peckham Rye
1 • 2 • 3 beds
Ready to move

Modern new build with landscaped gardens, roof terrace and light filled homes with 1, 2 and 3 rooms, near cafes, schools, gyms, shops and fast transport links
Price from£430,000
Highbury Vale Police Station

Highbury Vale Police Station

by Stone Arsenal
1 • 2 beds
Ready to move

Historic former police station with marble entrance, ornate cornicing, lift, secure video entry, underfloor heating, engineered wood floors and bespoke Leicht kitchens
Price from£475,000
Dolphin Bridge House

Dolphin Bridge House

by Titan Property Uxbridge
Studio • 1 • 2 beds
Ready to move

Modern canal side building with floor to ceiling windows, private outdoor spaces and secure entry, offering light filled homes, green space access and strong investment potential
Price from£280,000

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 324 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
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FAQ: New Build Homes in London under £500 000

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

Yes, there are currently 324 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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