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£445,000
Hayes Village

Hayes Village

by Barratt London Hayes & Harlington
Studio • 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£350,000
Trinity House

Trinity House

by Abbey New Homes Stonebridge Park
1 • 2 • 3 beds
Ready to move

Modern building with durable masonry walls, insulated concrete slabs and acoustic floors, offering 1, 2 and 3 bedroom layouts, quality finishes and strong investment appeal
Price from£375,000

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Hareshill

Hareshill

by Berkeley Group Fleet
2 • 3 • 4 • 5 beds
Ready to move

Thoughtfully designed homes from 1 to 5 bedrooms, green spaces, community centre, leisure, schools and fast links to the capital offer peaceful, connected living
Price from£475,000
The Tramworks

The Tramworks

by Taylor Wimpey West Finchley
1 • 2 • 3 beds
Ready to move

Modern homes with flexible layouts, landscaped green areas, safe play spaces, strong transport links, parking, bicycle storage and wheelchair friendly design
Price from£495,000
Esprit

Esprit

by Hill Hanwell
1 • 2 beds
2Q/2026
Modern 8-storey building with private balconies and terraces, Passivhaus zero-carbon design, underfloor heating, integrated appliances, 1 and 2 room options. Buy now
Price from£351,000
Orsett Street

Orsett Street

by Lambeth Council Vauxhall
2 • 3 beds
2Q/2026
New red brick building with 1 to 3 bedroom homes, secure cycle storage, green shared spaces and upgraded walkways, designed for comfort, safety and energy efficiency
Price from£350,000
Wembley Park Gardens

Wembley Park Gardens

by Barratt London Wembley Park
1 • 2 beds
Ready to move

Modern high rise homes with gardens, coworking spaces and strong transport links, close to shops, schools, gyms, parks and medical centres, offer smart investment potential
Price from£391,000
Croydon

Croydon

by London Square West Croydon
1 • 2 • 3 beds
Ready to move
A 25 storey tower with modern design, landscaped public areas, roof terrace, cinema, coworking and concierge, offering strong investment potential and lifestyle appeal
Price from£390,000
The Westlinks

The Westlinks

by Fabrica Northolt
1 • 2 beds
Ready to move

Modern development with landscaped courtyard, green open spaces, nearby parks, gyms, schools, shops, cafes and fast transport links, ideal long term purchase
Price from£335,000
Abbotswood Place

Abbotswood Place

by Not yet determined Balham
1 • 2 • 5 • 3 beds
Ready to move
Contemporary low energy homes with air source heat pump, underfloor heating, oak floors, quartz kitchens, Porcelonosa bathrooms and communal gardens for long term value
Price from£425,000
Lewisham Shopping Centre

Lewisham Shopping Centre

by Thornsett Group Wimbledon
1 • 2 • 3 beds
2028 – 2030

A human focused mixed use hub with green spaces, walkable streets, workspaces, schools, healthcare and cultural venues offers strong long term investment potential
Price from£432,500

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
Popular London neighbourhoods:
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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 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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