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
Artscene

Artscene

by Luxgrove Homes East Acton
1 • 2 • 3 beds
Ready to move
New 1, 2 and 3 bedroom apartments from £385,000 with quality finishes, practical layouts and strong transport, school, park, gym and shop connections nearby
Price from£385,000

Free personalised new build selection

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Edgware Parade

Edgware Parade

by Network Homes Edgware
1 • 2 • 3 beds
Ready to move

Modern four to sixteen storey blocks with green spaces, shared ownership, good transport links, shops, cafes, gyms, schools, hospital and parks all nearby
Price from£325,000
Wembley Park Gardens

Wembley Park Gardens

by Barratt London Wembley Park
1 • 2 beds
Ready to move

Modern high rise homes with gardens, coworking spaces and strong transport links, close to shops, schools, gyms, parks and medical centres, offer smart investment potential
Price from£411,000
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
Dagenham Green

Dagenham Green

by Berkeley Group Dagenham Heathway
1 beds
2Q/2026
Large scale regeneration with 1, 2 and 3 bedroom homes, new public realm, green spaces, school, shops and strong transport links offers long term growth potential
Price from£270,000
Perwell Court

Perwell Court

by Not yet determined South Ruislip
1 • 2 • 3 beds
Ready to move
Three storey mansion style 1940s building with tiled pitched roof, freehold of 27 flats, planning for 9 more units, strong investment and development potential
Price from£330,000
Lion Crescent

Lion Crescent

by PA Housing Castle Bar Park
1 • 2 beds
Ready to move

Modern new build with nearby parks, gyms, schools, cafes, supermarkets, medical centres and fast access to major airports, ideal for homebuyers and investors
Price from£355,000
Frankum Mews

Frankum Mews

by Frankum Mews Development Wood Green
1 • 2 • 3 • 4 beds
Ready to move
Modern 1 to 3 bedroom homes from £405,000 with energy efficient design, landscaped gardens, private terraces and flexible open plan living, ideal for long term value
Price from£405,000
Sage

Sage

by Sage Homes Leyton
1 • 2 • 3 beds
Ready to move

New homes with gardens, play areas, gym access and health hub nearby, plus easy walks to parks, shops, cafes and excellent transport links for daily commuting
Price from£417,000
Heybourne Park

Heybourne Park

by Notting Hill Genesis Sales Burnt Oak
1 • 2 beds
Ready to move

New homes in a regenerated area with green parkland, outdoor gym, new plaza, shops, cafes, library and fast links to the city and major airports
Price from£352,500

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
Popular London neighbourhoods:
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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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