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

✅ 332 new build homes available in London under £500 000
✅ Direct offers from over 200 leading London developers
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
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
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

Free personalised new build selection

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Bermondsey Place

Bermondsey Place

by Berkeley Group South Bermondsey
1 • 2 • 3 beds
2027 – 2028

Modern development with concierge, gym, business lounge, roof terraces, play areas and lush planting, close to parks, schools, shops and fast city transport.

Price from£499,950
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
Junction West

Junction West

by Clarion Housing Southall
1 • 2 beds
Ready to move
Modern sustainable homes with landscaped courtyards, green spaces, cycle storage and car club access, energy saving features and convenient links across the capital
Price from£306,500
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
Base at Newhall

Base at Newhall

by Countryside Homes Harlow
4 beds
4Q/2026

Modern 1, 2 and 3 bedroom homes with open plan layouts, great natural light, landscaped spaces and reduced prices, ideal for sustainable long term living

Price from£470,000
Edge

Edge

by Countryside Homes Hainault
1 beds
Ready to move

Newly built 1 to 3 bedroom homes with modern sustainable design, community spaces, local shops, schools, parks, gyms and fast links across the city

Price from£297,500
Tanners House

Tanners House

by BAR Homes Stratford
1 beds
Ready to move
A locally listed former tannery integrates high ceilings, tall and sky windows, balconies, a communal garden, chill-out space and secure cycle parking.
Price from£400,000
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
Lillium Mews

Lillium Mews

by SES Property Group Ltd Haydons Road
1 • 2 beds
Ready to move
Quiet mews new build of six with 1 and 2 bedroom layouts, private gardens or balconies, underfloor heating, integrated appliances, 999 year lease, share of freehold
Price from£465,000
Sterling Place

Sterling Place

by Barratt London New Malden
1 • 2 • 3 beds
1Q/2027

Modern development with 1, 2 and 3 bedroom homes, private outdoor spaces, courtyard gardens, parking, cycle storage, electric charging and strong growth potential

Price from£375,000
Whitelocke House

Whitelocke House

by Harbright Hounslow Central
1 beds
Ready to move
Stylish new build with 34 homes, high ceilings, oak flooring, luxury kitchens, courtyard garden, secure entry, bike storage, lift and modern digital infrastructure
Price from£295,000
Avondale Drive Estate

Avondale Drive Estate

by Hillingdon Council Hayes & Harlington
1 • 2 • 3 • 4 beds
4Q/2029

New homes in a green setting beside a park, with landscaped communal areas, parking, energy efficient design and phased delivery for a stable long term community

Price from£315,000
Crescent Gardens

Crescent Gardens

by Latimer East Croydon
2 beds
Ready to move

Contemporary building with landscaped gardens, green courtyards and car free routes, close to shops, gyms, cafes, parks, schools, medical centres and an airport

Price from£447,500
22 Thornton Road

22 Thornton Road

by Mantle Developments Clapham South
1 • 2 • 3 beds
Ready to move
The building offers modern architecture, exterior balconies and a communal chill-out space, with a ground-floor frontage that connects to local cafés.
Price from£450,000
Kidbrooke Square

Kidbrooke Square

by Notting Hill Genesis Sales Kidbrooke
1 • 2 beds
Ready to move
Modern development with 619 homes, strong on walkability, green spaces, gyms and shops, long term community feel, quality finishes and good daily connections
Price from£375,000
Ashcroft Place

Ashcroft Place

by Shanly Homes Staines
2 beds
Ready to move
Riverside new build with 1, 2, 3, 4 bedroom choices, high insulation, air source heat pump options, full fibre, allocated parking and a ten year warranty
Price from£400,000
Sutton Garden Square

Sutton Garden Square

by Berkeley Group Sutton
1 • 2 • 3 beds
2028 – 2029
Sleek façade of clean lines and materials integrates landscaped communal gardens, seating, play zones, walking paths and ground-floor shops and community hubs.
Price from£375,000

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 332 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 332 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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