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

✅ 329 new build homes available in London under £500 000
✅ Direct offers from over 200 leading London developers
One Clapham

One Clapham

by Mount Anvil Clapham Junction
Studio • 1 beds
4Q/2026

A modern 11 storey development with concierge, gyms, gardens, rooftop terraces and nursery, near shops, parks, schools, medical care and fast travel links

Price from£498,500
Southmere

Southmere

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

Modern riverside building with clean design, large windows, private decks, planted squares, 24 hour concierge, bike storage and community spaces near parks and shops

Price from£340,000
Eastman Village

Eastman Village

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

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

Price from£325,000

Free personalised new build selection

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Hayes Village

Hayes Village

by Barratt London Hayes & Harlington
Studio • 1 • 2 • 3 beds
Ready to move

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£315,000
The Moxon

The Moxon

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

The building incorporates landscaped shared gardens, a rooftop terrace, a private gym and secure bike storage, with a design that maximises natural light.

Price from£374,000
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£428,000
Dockley Apartment

Dockley Apartment

by Matching Green Bermondsey
1 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£475,000
Brooklands Grove

Brooklands Grove

by Cala
3 • 4 beds
3Q/2026

Set within 12 hectares of wooded parkland, the development integrates communal green space, dedicated cycle paths, play areas and a SANG.

Price from£475,000
Kantha Quarter

Kantha Quarter

by EWL Living Development Company All Saints
Studio • 1 • 2 • 3 beds
2Q/2029

Modern high quality development with secure access, landscaped public spaces, energy efficient design, strong infrastructure and long term investment potential

Price from£405,000
Lightmakers

Lightmakers

by Barratt London Bellingham
1 • 2 beds
4Q/2027

Modern riverside homes with studio, 1, 2 and 3 bedroom options, efficient design, green spaces, nearby schools, shops, medical care, gyms, parks and fast transport links

Price from£350,000
Square Roots Lewisham

Square Roots Lewisham

by London Square Lewisham
1 • 2 beds
Ready to move

Modern building with 1 to 3 bedroom homes, each with a private balcony or terrace, river nearby, great transport links, shops, parks, schools and universities

Price from£422,500
Hepworth Place

Hepworth Place

by Countryside Homes Walthamstow Central
1 • 2 beds
Ready to move

Modern landscaped development with pedestrian friendly streets, play areas, gyms, parks, schools and shops nearby, offering 1, 2 and 3 room homes with lasting quality

Price from£365,000
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
1 Hampshire Street

1 Hampshire Street

by Redtree Ventures Kentish Town
Studio • 2 beds
Ready to move
Four-storey building integrates traditional brickwork with modern elements, large windows and balconies, and 334 sq m of ground-floor commercial space.
Price from£395,000
Kidbrooke Square

Kidbrooke Square

by Notting Hill Genesis Sales Kidbrooke
2 beds
Ready to move

Modern development with 619 homes, strong on walkability, green spaces, gyms and shops, long term community feel, quality finishes and good daily connections

Price from£375,000
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£455,000
Middle Yard

Middle Yard

by Union Developments Dollis Hill
1 • 2 • 3 beds
Ready to move
Modern car free complex with four distinctive buildings, private balconies, terraces, gardens, ponds, gym and swimming pool, designed for healthy contemporary living
Price from£475,000
Square Roots Hendon

Square Roots Hendon

by Square Roots Colindale
Studio • 1 • 2 • 3 beds
Ready to move

Modern residence with private outdoor space, parking with electric charging, cycle storage, gyms, parks, cafes, schools, shops and medical care all nearby

Price from£300,000
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£440,000
Enclave Collection

Enclave Collection

by Novex Clapton
Studio • 1 • 2 • 3 beds
Ready to move

Gated boutique development with 15 high specification homes, private outdoor areas and communal gardens, near parks, shops, cafes, schools, gyms and transport.

Price from£455,000

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 329 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 329 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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