Property in: LONDON
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New Build Developments Under £500,000 in London

✅ 293 residential developments under £500,000 across London.
✅ Built by leading UK housebuilders. Chain-free, 10-year warranty, concierge, and private balconies.
One Clapham

One Clapham

by Mount Anvil Clapham Junction
Studio • 1 beds
4Q/2026

A modern 11 storey development with concierge, gyms, gardens, rooftop terraces and nursery, near shops, parks, schools, medical care and fast travel links

Price from£498,500
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£340,000
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£428,000

Free personalised new build selection

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Hayes Village

Hayes Village

by Barratt London Hayes & Harlington
Studio • 1 • 2 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£310,000
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
Dockley Apartment

Dockley Apartment

by Matching Green Bermondsey
1 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£475,000
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
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
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
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
Cerulean Quarter

Cerulean Quarter

by English Cities Fund Canning Town
1 • 2 • 3 beds
Ready to move

Modern 32 storey tower with 1, 2 and 3 bedroom homes, large park, fitness, lounge, concierge, near schools, cafes, gyms, transport links and airport access

Price from£381,500
Homewood Grove

Homewood Grove

by Rangeford Villages
1 • 2 • 3 beds
Ready to move

Later living village with 116 new homes, wellness centre, pool, gym, spa, bistro and landscaped gardens, near hospital, park and strong transport links

Price from£490,000
Russell Hill Road

Russell Hill Road

by Hexagon Housing Association Purley
1 beds
Ready to move

Modern residential building with contemporary design, quality finishes, secure video entry, green spaces nearby and excellent road links, ideal for long term living

Price from£360,000
Hackney Yards

Hackney Yards

by Notting Hill Genesis Sales Hackney Wick
Studio • 1 • 2 beds
4Q/2026

Modern development with distinctive architecture, high specification interiors and spacious 1, 2 and 3 bedroom homes, close to parks, transport, cafes and schools

Price from£460,000
Abbotswood Place

Abbotswood Place

by Earlswood Homes Balham
1 • 2 • 5 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
Square Roots Lewisham

Square Roots Lewisham

by London Square Lewisham
1 • 2 beds
Ready to move

Modern building with 1 to 3 bedroom homes, each with a private balcony or terrace, river nearby, great transport links, shops, parks, schools and universities

Price from£430,000
Aspect Croydon

Aspect Croydon

by Notting Hill Genesis Sales West Croydon
1 • 2 • 3 beds
Ready to move
Striking new building with concierge, grand lobby, lounge and bike storage, efficient heating and lighting, quality materials and strong long term investment potential
Price from£355,000
Augustus House

Augustus House

by McCarthy & Stone
2 beds
Ready to move

Modern four storey managed retirement building with lift, landscaped gardens, restaurant, lounge, guest suite, 24 hour management and strong travel connections

Price from£299,995
New Kent Row

New Kent Row

by Southern Housing Group Elephant & Castle
1 • 2 • 3 beds
Ready to move

Modern mixed use blocks with terraces, high quality integrated kitchens and sustainable design, close to schools, parks, shops, gyms, clinics and transport

Price from£450,000
Glengall Rise

Glengall Rise

by Southern Housing Group Queens Road Peckham
1 • 2 • 3 beds
Ready to move

New build with landscaped courtyards, play areas, seating and concierge, near parks, gyms, cafes, supermarkets, schools, medical centres and transport links

Price from£400,000

New Build Developments Under £500,000 in London

Developments priced under £500,000 represent London’s most searched commercial property segment, capturing strong demand from owner-occupiers and long-term buy-to-let investors alike. With a £500,000 budget, purchasers can choose from masterplanned developments in established Zone 2, 3, and 4 locations such as Greenwich, Stratford, Acton, Wembley, Kidbrooke, and Tottenham Hale.

Schemes at this tier frequently offer hotel-style resident facilities: 24-hour concierge services, private fitness centres, communal landscaped courtyards, residents' lounges, and co-working spaces. Purchasing direct from a developer ensures a 10-year structural warranty, modern EPC energy performance, and complete freedom from upward property chains.


FAQ: New Build Developments Under £500,000 in London

How much Stamp Duty (SDLT) applies to developments under £500,000?

First-time buyers benefit from relief up to £425,000, paying only 5% on the remaining portion between £425,000 and £500,000 (a total of £3,750 on a £500k home). Standard home movers pay tiered rates from £250,000 upwards, though many developments feature full Stamp Duty paid incentives.

Can you buy into Zone 2 developments with a £500,000 budget?

Yes. In Zone 2, £500,000 provides access to high-specification new developments in major regeneration districts such as Canada Water, Bermondsey, Deptford, Stratford, and Bow, offering direct tube links into the City and West End.

What rental yields do developments under £500k generate?

Gross rental yields in this price segment typically range between 4.8% and 6.2%, supported by robust tenant demand for energy-efficient homes with modern concierge and transport amenities.

What typical service charges apply to £500k developments?

Annual service charges generally sit between £3.50 and £5.50 per square foot for schemes with standard facilities (gardens, lift, concierge). Complexes with extensive wellness facilities (pools, spas) sit towards the upper end of that scale.

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