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

✅ 331 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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NWQ

NWQ

by Stone Queen's Park
1 • 2 • 3 beds
Ready to move

Contemporary homes with 1, 2 and 3 bedrooms, premium finishes, integrated appliances and nearby cafes, parks, gyms, schools, transport and medical services

Price from£477,000
New Kent Row

New Kent Row

by Southern Housing Group Elephant & Castle
1 • 2 • 3 beds
Ready to move

Modern mixed use blocks with terraces, high quality integrated kitchens and sustainable design, close to schools, parks, shops, gyms, clinics and transport

Price from£450,000
Evolution

Evolution

by Galliard Homes Southall
1 • 2 • 3 beds
Ready to move

Modern high specification building with private courtyard garden, nearby parks, shops, gyms, schools, cafes, supermarkets, medical centres and fast city access

Price from£300,000
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
140 Northolt Road

140 Northolt Road

by Guinness Partnership South Harrow
1 • 2 • 3 beds
Ready to move
Contemporary residential block provides landscaped communal grounds, social spaces and access to a gym, nursery and nearby retail.
Price from£310,000
Marlborough House

Marlborough House

by Formation Architects Chiswick
Studio • 1 beds
Ready to move

Historic architecture meets modern comfort, with work, dining and relaxation areas, fitness nearby and green spaces close by, ideal for a connected, refined lifestyle

Price from£485,000
Royal Gateway

Royal Gateway

by Barratt London North Acton
1 • 2 • 3 beds
Ready to move

Modern homes with 1, 2 and 3 bedrooms, private outdoor spaces, communal and rooftop gardens, residents lounge, gym and concierge in a green, well connected area

Price from£425,000
Fourth Mile

Fourth Mile

by Reef Group Gunnersbury
1 • 2 • 3 beds
Ready to move
Modern 16 floor residential building with green spaces, gym, cinema, shops nearby, strong transport links and durable interiors, ideal for long term living
Price from£485,000
Brent Cross Town

Brent Cross Town

by Related Argent Brent Cross
Studio • 1 • 2 • 3 beds
2030
Sustainable mixed use hub with green spaces, modern architecture, strong transport links, schools, gyms and shops nearby, offering solid long term investment potential
Price from£400,000
Urban Picturehouse

Urban Picturehouse

by Montreaux homes Sidcup
Studio • 1 • 2 • 3 beds
Ready to move
Contemporary brick design, secure access, energy efficient build, landscaped gardens, gyms, parks, schools, shops and medical care all within a short walk
Price from£283,500
The Key

The Key

by ISHA Turnpike Lane
1 • 2 • 3 beds
Ready to move

Modern new build with landscaped garden, rooftop patios, high quality finishes, shared areas and nearby parks, schools, gyms, shops and medical services

Price from£385,000
Stroudley Walk

Stroudley Walk

by Poplar Harca Bow Road
Studio • 1 • 2 • 3 • 4 beds
Ready to move

Modern mixed use project with four buildings, tower, shops, community hub, green terrace, affordable and shared homes, near cafes, schools, parks and transport

Price from£339,950
Hallsville Residences

Hallsville Residences

by Linkcity Canning Town
1 • 2 • 3 beds
1Q/2028

Six floor new build with large windows, strong projected growth and high rental demand, close to shops, schools, parks, gyms and medical services

Price from£450,000
ASDA Park Royal

ASDA Park Royal

by Barratt London Park Royal
1 • 2 • 3 beds
4Q/2028

Sustainable high rise with car free living, green landscaped areas, wellness spaces, shops and restaurants, enhanced public realm and strong eco focused design

Price from£425,000
North West Quarter

North West Quarter

by Countryside Homes Kilburn Park
1 • 2 • 3 beds
3Q/2026

Modern development with green areas, central square, shops, gym, cafe and medical centre, energy saving design and strong transport links, ideal for long term living

Price from£485,000
Home10

Home10

by Waltham Forest Leytonstone
1 • 2 • 3 beds
Ready to move

Modern new build with nearby parks, shops, cafes, gyms and schools, easy access to transport links and airports, plus major shopping and cultural attractions nearby

Price from£340,000
Ledbury Way

Ledbury Way

by Higgins Homes Queens Road Peckham
1 • 2 beds
4Q/2026
2-phase development across 6 blocks with brick elevations and conservation-minded streetscape; near shops, leisure and transport links, with regeneration-led value.
Price from£400,000

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 331 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 331 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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