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

✅ 326 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
Arthur Mews

Arthur Mews

by Redfinch Investments Putney
1 • 2 • 3 beds
Ready to move
Riverside boutique development of 3 detached houses with private terraces, courtyards and modern finishes. Quiet plot, walks to rail and Tube, near parks and schools.
Price from£500,000

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Gasworks

Gasworks

by Avanton Queenstown Road
1 • 2 • 3 beds
1Q/2028

Tall modern towers with restored historic structure, green public space, future transport upgrade and mix of market and affordable homes create strong long term value
Price from£465,000
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
Dylon Factory Works

Dylon Factory Works

by Weston Homes Lower Sydenham
1 • 2 beds
Ready to move
New 4 to 11 storey riverside development with gardens, playgrounds, secure parking, gym nearby and fast city links, offering light modern homes and long term comfort
Price from£367,500
The Heights

The Heights

by Pocket Living Charlton
1 • 2 beds
Ready to move

Modern building with 1 and 2 bedroom homes, wheelchair adaptable options, secure cycle storage and shared outdoor spaces, close to parks, shops and gyms
Price from£316,000
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
Oaklands Park

Oaklands Park

by Shanly Homes
1 • 2 • 3 beds
Ready to move
New build around communal gardens, children's play area, cycle and bin stores, allocated and visitor parking, electric vehicle charging terraces, 1,2,3 room options.
Price from£375,000
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
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
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 326 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 326 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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