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

✅ 325 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
W Broadway

W Broadway

by Luxgrove Homes
1 • 2 • 3 beds
Ready to move

Reduced price from £395,000 for modern 1, 2 and 3 bedroom flats with durable finishes, efficient layouts, great transport links, parks, shops and schools nearby

Price from£395,000

Free personalised new build selection

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Westcombe House

Westcombe House

by Camrose London Tunbridge Wells
1 • 2 beds
Ready to move

Newly built 1 and 2 bedroom homes with classic and contemporary design, bright interiors, onsite parking and easy access to shops, schools, parks and transport.

Price from£285,000
Addiscombe Grove CR0

Addiscombe Grove CR0

by Pocket Living East Croydon
1 beds
Ready to move

Modern 112 one room building with sleek exterior, roof gardens, lounges, wellness room, bike storage, efficient lighting, strong links to shops, gyms and parks

Price from£246,017
Square Roots Hendon

Square Roots Hendon

by Square Roots Colindale
Studio • 1 • 2 • 3 beds
Ready to move

Modern residence with private outdoor space, parking with electric charging, cycle storage, gyms, parks, cafes, schools, shops and medical care all nearby

Price from£300,000
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
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
Odyssey Square

Odyssey Square

by PA Housing Purley Oaks
1 • 2 • 3 beds
Ready to move
Modern new build with elevator, secure bicycle storage and landscaped courtyard, near parks, schools, gyms, cafes, shops, medical centres and fast transport links
Price from£325,000
Carlton Place

Carlton Place

by Home Group Queen's Park
1 • 2 beds
Ready to move

Energy efficient 1 and 2 bedroom homes from £477,000 with quality finishes, private balconies, green courtyards, play areas and nearby schools, shops and parks

Price from£477,000
Ferry Island North

Ferry Island North

by Sage Homes Tottenham Hale
Studio • 2 beds
Ready to move

New homes in a modern building with landscaped plazas, secure entry, bike storage and quick links across the city. Close to shops, gyms, parks and wetlands.

Price from£340,000
Wimbledon Place

Wimbledon Place

by Thornsett Group Wimbledon
Studio • 1 • 2 • 3 beds
1Q/2026

Modern mixed use building with 135 new 1, 2 and 3 bedroom homes, concierge, gym, cafe, play areas and landscaped spaces, designed for comfort and community

Price from£447,500

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 325 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 325 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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