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

✅ 323 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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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
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
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
Peninsula Riverfront

Peninsula Riverfront

by Knight Dragon North Greenwich
Studio • 1 • 2 • 3 beds
Ready to move

Striking riverfront architecture with gyms, cafes, parks and shops nearby, modern public spaces and strong transport links make this development a smart long term choice

Price from£395,000
The Link

The Link

by Tremula Property Hendon
1 • 2 • 3 beds
4Q/2026

Modern 1, 2 and 3 bedroom building with secure parking, smart access, green courtyards, gyms, cafes, parks, schools, shops and medical services nearby

Price from£365,000
Maple Croft

Maple Croft

by Cala
2 • 3 • 4 beds
Ready to move
Buildings designed for energy efficiency and low maintenance, with practical elements to make everyday care easier.
Price from£375,000
ICON at Burnt Oak

ICON at Burnt Oak

by Network Homes Burnt Oak
1 • 2 • 3 beds
Ready to move

Modern homes with 1 to 3 bedrooms, shared ownership, green spaces nearby, parks, schools, gyms, cafes and easy access to public transport and airports

Price from£340,000
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
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
Somerset Road

Somerset Road

by Ayana Properties West Ealing
1 • 2 • 3 beds
Ready to move
Modern residence with parks, cafes, gyms and supermarkets nearby, plus quick links to city and airport, offers strong lifestyle and long term investment appeal
Price from£498,950
Argenta

Argenta

by Guinness Partnership West Silvertown
1 • 2 beds
Ready to move

Modern new build with shared ownership, green spaces, fitness nearby, good schools, cafes and shops within walking distance, plus strong long term growth potential

Price from£390,000
Stories Wharf

Stories Wharf

by Hyde New Homes North Greenwich
1 • 2 • 3 beds
Ready to move

Modern riverside building with terraces, roof gardens, secure access, parking, bicycle storage and green spaces nearby, ideal for long term living or rental investment

Price from£296,000
The Denton

The Denton

by Elysian Residences
1 • 2 beds
Ready to move
Four storey later life residence with shared spaces, on site support, care options, secure feel, nearby shops, healthcare and travel links for long term living
Price from£440,000
Axion House

Axion House

by Square Roots Lewisham
1 • 2 • 3 beds
Ready to move
Concertina-form building with stepped rooflines and pointed towers, ground-floor commercial, riverside boardwalks and planted public space.
Price from£410,000
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
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
Cuba Street

Cuba Street

by Ballymore Canary Wharf
Studio • 1 • 2 • 3 beds
1Q/2029

A 47 storey landmark with 421 homes, indoor and outdoor gym on level 32, large new public park, child play areas and generous shared spaces for community

Price from£395,000

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 323 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 323 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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