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
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
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
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

Free personalised new build selection

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Forest Road

Forest Road

by Pocket Living Walthamstow Central
1 beds
4Q/2028

Contemporary one bedroom homes in a sociable building with courtyard garden, rooftop terrace, nearby parks, cafes, schools, gyms, medical centre and transport links

Price from£310,000
Corner Place

Corner Place

by Southern Space Bethnal Green
1 • 2 • 3 beds
Ready to move

Modern 1, 2 and 3 bedroom homes in a durable, energy efficient building with great light, sound insulation and nearby parks, shops, gyms and transport

Price from£485,000
Clifton Mansions

Clifton Mansions

by Stone Willesden Green
1 • 2 • 3 beds
Ready to move

Elegant Art Deco style building with concierge, gardens, secure parking, cycle storage and energy efficient design, close to parks, schools, shops and transport.

Price from£475,000
Eldon Court

Eldon Court

by Mantle Developments Norwood Junction
1 • 2 beds
Ready to move
Modern 4 storey boutique building with long leasehold tenure, high quality finishes, secure entry, smart heating, green views and strong connectivity.
Price from£325,000
Poet’s Corner

Poet’s Corner

by Harrow Council Harrow & Wealdstone
1 • 2 • 3 beds
1Q/2029

Mixed use development with new homes, green spaces, mature trees, shops, cafes, health facilities and gyms, offering healthy living and strong long term value

Price from£365,000
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
Tudor Williams New Malden

Tudor Williams New Malden

by Rocco Homes New Malden
Studio • 1 • 2 beds
Ready to move

A modern redevelopment with 31 luxury units and a ground floor commercial space, offering elegant design, daily convenience and strong long term investment potential

Price from£495,000
Park Quarter

Park Quarter

by Fairview New Homes New Barnet
1 • 2 • 3 beds
4Q/2026

Modern new build with 44 light filled 1, 2 and 3 bedroom homes, open plan layouts, private outdoor space and easy access to shops, cafes, gyms and green areas

Price from£299,000
Meadowhouse

Meadowhouse

by Fallsbrook Road Limited Streatham Common
1 • 2 • 3 beds
Ready to move

New build with tall windows high ceilings, engineered floors, integrated kitchens, full roof terrace with 360 degree views, spacious layouts, 29 rooms, strong links.

Price from£400,000
Chase Side

Chase Side

by Not yet determined Southgate
1 • 2 • 3 beds
Ready to move

Modern low-density block of 7 residences with 1, 2 and 3 bedroom layouts, private gardens, bathroom underfloor heating and 10-year warranty. Small scale high demand.

Price from£425,000
West Acre Square

West Acre Square

by Southern Housing Group Southall
1 • 2 beds
Ready to move

Modern energy efficient building with landscaped gardens, fitness suite, lounges, secure cycle storage, family play areas and shops below, ideal long term investment

Price from£415,000
Hope Court

Hope Court

by Rushmon Homes
1 beds
Ready to move
A main building and three detached houses arranged around access roads, landscaped gardens, parking and a public bicycle garage, delivering privacy.
Price from£290,000
Keepers Yard

Keepers Yard

by Investin PLC Wood Green
1 • 2 • 3 beds
Ready to move

Contemporary 1, 2 and 3 bedroom homes in a stylish industrial design, with rooftop terrace, strong community focus and excellent links, schools and parks nearby

Price from£399,000
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
Beverley Waterside

Beverley Waterside

by Wimshurst Pelleriti Barnes
1 • 2 • 3 beds
Ready to move

Modern energy efficient homes in a landscaped setting, with quality materials, private outdoor spaces and nearby schools, parks, gyms, hospitals and transport links

Price from£500,000
Medford House

Medford House

by McCarthy & Stone Purley
1 • 2 beds
Ready to move

Modern retirement building with landscaped gardens, balconies, lounge, lifts, security systems, on site management and easy access to shops, parks and transport

Price from£345,000
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

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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