New Build Homes in London for Sale under £500 000
✅ 331 new build homes available in London under £500 000✅ Direct offers from over 200 leading London developers
Bermondsey Heights
by Barratt London South BermondseyStriking 28 storey tower with 163 modern homes, concierge, secure access, rooftop terrace and landscaped gardens, offering strong transport links and investment potential
Hayes Village
by Barratt London Hayes & HarlingtonModern canalside development with over 1,000 homes, landscaped squares, shared gardens, retail, secure access, lifts and parking, ideal for long term living or renting
Middle Yard
by Union Developments Dollis Hill Modern car free complex with four distinctive buildings, private balconies, terraces, gardens, ponds, gym and swimming pool, designed for healthy contemporary livingFree personalised new build selection
Pinner Place
by Tremula Property PinnerModern three level development with 8 exclusive 2 bedroom homes, balconies, utility and storage spaces, contemporary interiors and nearby shops, parks and schools
ASDA Park Royal
by Barratt London Park RoyalSustainable high rise with car free living, green landscaped areas, wellness spaces, shops and restaurants, enhanced public realm and strong eco focused design
Arc at Wembley
by Network Homes Wembley Central Modern finished building with car free design, ready to move in, practical 1 and 2 bedroom layouts, shared spaces, nearby shops, parks, gyms and medical services
Eastbrooke Village
by Bellway UpneyModern development with green parks, gyms, health care, schools and cafes nearby, plus easy access to airports and transport, offers strong future investment potential
Lombard Square
by Berkeley Group Woolwich ArsenalModern mixed use development with landscaped seasonal gardens, retail and leisure facilities, strong connectivity and promising rental yields, completing in 2025
Rotherhithe Reach
by Notting Hill Genesis Sales RotherhitheModern homes with generous public open space, tree lined streets and good access to schools, shops, gyms, healthcare and transport links make this a smart choice
East Wick & Sweetwater
by Balfour Beatty LeytonA modern mixed use project with landscaped play areas, nursery, retail, health centre, community and green spaces, gym access and good links to airports
Randolph House
by McCarthy & Stone KentonNew retirement building with secure entrance, lounge, garden tables, guest suites, wide step free access, lifts, parking, nearby parks, shops, gyms and medical care
Thames Road
by Ballymore Canning TownRiverside mixed use project with 1,658 homes, gym, outdoor pool, tennis court, rooftop running track, school, park, retail, cafes and sustainable design
Grahame Park
by Notting Hill Genesis Sales Colindale Modern regeneration project with green courtyards, new parks, shops, cafes, college, library and community spaces, offering strong rental yields and growth potential
Upper East
by Muse Developments Bow ChurchModern mixed use London development with landscaped grounds, roof terraces, pocket park, communal spaces, green design and easy access to shops, schools and gyms
Edgware Parade
by Network Homes EdgwareModern four to sixteen storey blocks with green spaces, shared ownership, good transport links, shops, cafes, gyms, schools, hospital and parks all nearby
Northwick Park
by Vistry Group Harrow-on-the-HillNew community with new roads, schools, libraries, sports and health facilities, plus open green spaces, better paths and strong infrastructure for modern living
The Perfume Factory
by Telford Homes North ActonModern high specification homes in a redeveloped area, with excellent transport links, green spaces, shops and cafes nearby, offer a smart long term property choice
22 Thornton Road
by Mantle Developments Clapham SouthModern new build with 1, 2 and 3 bedroom homes, refined design, quality finishes, private outdoor spaces, natural light and strong long term investment appeal
Sage Point
by PA Housing Woolwich DockyardModern seven storey riverside building with landscaped gardens, bike storage, video entry and efficient heating, close to cafes, schools, gyms, parks and transport
Keepers Yard
by Investin PLC Wood GreenContemporary 1, 2 and 3 bedroom homes in a stylish industrial design, with rooftop terrace, strong community focus and excellent links, schools and parks nearby
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 331 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
Yes, there are currently 331 developments in London with properties under £500 000. These include both ready-to-move and off-plan homes.
In this budget, buyers can typically find modern studios and 1-bedroom homes. Some options in developing areas may also offer 2-bedroom properties.
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.