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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The Perfume Factory

The Perfume Factory

by Telford Homes North Acton
1 • 2 beds
Ready to move

Modern high specification homes in a redeveloped area, with excellent transport links, green spaces, shops and cafes nearby, offer a smart long term property choice

Price from£435,000
Equinox at One One Six Cockfosters

Equinox at One One Six Cockfosters

by Rothmore Property Cockfosters
1 • 2 beds
Ready to move

Modern medium rise architecture with landscaped gardens, rooftop terrace, secure cycle storage, energy efficient systems and nearby cafes, gyms, schools and parks

Price from£333,600
The Verdean

The Verdean

by Mount Anvil Acton Central
Studio • 1 • 2 beds
1Q/2027

Modern new build with landscaped gardens by Royal Botanic Gardens Kew, gym, business suite, cinema room, cycle storage and nearby shops, cafes and schools

Price from£434,000
SO Resi Wembley Way

SO Resi Wembley Way

by Metropolitan Thames Valley Wembley Park
Studio • 1 • 2 beds
Ready to move

Choose modern studio, 1, 2 or 3 bedroom apartments from just £350,000, with balconies, roof terraces, landscaped areas and energy efficient contemporary design

Price from£350,000
Trundleys Road

Trundleys Road

by Park Properties Housing Association South Bermondsey
1 • 2 beds
Ready to move

New riverside building with high specification kitchens and bathrooms, private balconies, a communal roof terrace, shared ownership and 21 rooms, near parks and shops.

Price from£390,000
Olympic House

Olympic House

by Telereal Trillium Wembley Park
1 • 2 • 3 beds
Ready to move
Modern mixed use building with homes, hotel and shops, efficient design, natural light, balconies, gardens, gyms, parks, schools and daily services close by
Price from£375,000
Sterling Place

Sterling Place

by Barratt London New Malden
1 • 2 • 3 beds
1Q/2027

Modern development with 1, 2 and 3 bedroom homes, private outdoor spaces, courtyard gardens, parking, cycle storage, electric charging and strong growth potential

Price from£375,000
Leyton High Road 2

Leyton High Road 2

by Lita Homes Leyton Midland Road
1 • 2 • 3 beds
2Q/2027
Brick-and-glass façade with full-height glazing, wide building spacing, 24-hour security, shared business/leisure hub, parking 1:1.2, park a 4-min walk (12,000 sq m)
Price from£350,000
The Sidings

The Sidings

by GS8 Acton Central
1 • 2 • 3 beds
Ready to move

Modern energy efficient building with only 24 homes, landscaped setting by a large park, private outdoor spaces, coworking areas, bike storage and great transport links

Price from£475,000
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
Augustus House

Augustus House

by McCarthy & Stone
2 beds
Ready to move

Modern four storey managed retirement building with lift, landscaped gardens, restaurant, lounge, guest suite, 24 hour management and strong travel connections

Price from£299,995
Homewood Grove

Homewood Grove

by Rangeford Villages
1 • 2 • 3 beds
Ready to move

Later living village with 116 new homes, wellness centre, pool, gym, spa, bistro and landscaped gardens, near hospital, park and strong transport links

Price from£490,000
Waldram Crescent

Waldram Crescent

by Caerus Forest Hill
1 • 2 • 3 beds
Ready to move

Six storey modern building with ground floor commercial space, close to parks, schools, shops and gyms, offering good transport links and convenient city access

Price from£447,500
Eastman Village

Eastman Village

by Barratt London Harrow & Wealdstone
1 • 2 • 3 beds
3Q/2028

Modern landscaped development with green spaces, cycle storage, electric car charging and fast links to central areas, designed for sustainable, comfortable living

Price from£335,000
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
Hackney Yards

Hackney Yards

by Notting Hill Genesis Sales Hackney Wick
Studio • 1 • 2 beds
4Q/2026

Modern development with distinctive architecture, high specification interiors and spacious 1, 2 and 3 bedroom homes, close to parks, transport, cafes and schools

Price from£460,000
Atlip Gardens

Atlip Gardens

by Not yet determined Alperton
1 • 2 • 3 beds
1Q/2028

Modern mixed use landmark with up to 29 floors, 464 homes, co living units, workspaces, gardens, play areas, eco design, job creation and better walking routes

Price from£340,000

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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