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

✅ 323 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
Dunton Green

Dunton Green

by McCarthy & Stone
1 • 2 beds
Ready to move

Modern retirement development with gardens, lounge, guest suite, parking, pet friendly areas, safety systems and energy efficient design for independent over 60s living

Price from£425,000

Free personalised new build selection

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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
Eastbrooke Village

Eastbrooke Village

by Bellway Upney
1 • 2 • 3 beds
1Q/2027

Modern development with green parks, gyms, health care, schools and cafes nearby, plus easy access to airports and transport, offers strong future investment potential

Price from£260,000
Rosebank Way (The Mirador)

Rosebank Way (The Mirador)

by Carty Forde Construction North Acton
1 • 2 • 3 beds
Ready to move

Contemporary 5 houses and 32 flats with fine quality finishes, smart community design and strong local amenities, ideal for commuters and modern family living

Price from£250,000
Quincy House

Quincy House

by Ballymore Brentford
1 • 3 • 2 beds
3Q/2027
Modern 1, 2 and 3 bedroom flats from £435,000, with energy efficient design, parks, shops and gyms nearby, strong rental demand and long term value growth.
Price from£435,000
Urban Picturehouse

Urban Picturehouse

by Montreaux homes Sidcup
Studio • 1 • 2 • 3 beds
Ready to move
Contemporary brick design, secure access, energy efficient build, landscaped gardens, gyms, parks, schools, shops and medical care all within a short walk
Price from£283,500
Poet’s Corner

Poet’s Corner

by Harrow Council Harrow & Wealdstone
1 • 2 • 3 beds
1Q/2029

Mixed use development with new homes, green spaces, mature trees, shops, cafes, health facilities and gyms, offering healthy living and strong long term value

Price from£365,000
Randolph House

Randolph House

by McCarthy & Stone Kenton
1 beds
Ready to move

New retirement building with secure entrance, lounge, garden tables, guest suites, wide step free access, lifts, parking, nearby parks, shops, gyms and medical care

Price from£249,995
Goodmayes

Goodmayes

by Hadley Property Group Goodmayes
1 • 2 • 3 beds
Ready to move

Sustainable mixed use building with green roofs, mobility hub, public square, gym, music academy, play areas and landscaped spaces, approved by local council

Price from£250,000
Quartoria

Quartoria

by SNG New Barnet
1 • 2 • 3 beds
Ready to move

Modern new build with landscaped grounds, secure entry, parking, cycle storage and energy efficient design, close to shops, schools, gyms, parks and transport

Price from£360,000
Medford House

Medford House

by McCarthy & Stone Purley
1 • 2 beds
Ready to move

Modern retirement building with landscaped gardens, balconies, lounge, lifts, security systems, on site management and easy access to shops, parks and transport

Price from£345,000
Forest Road

Forest Road

by Pocket Living Walthamstow Central
1 beds
4Q/2028

Contemporary one bedroom homes in a sociable building with courtyard garden, rooftop terrace, nearby parks, cafes, schools, gyms, medical centre and transport links

Price from£310,000
The Chocolate Quarter

The Chocolate Quarter

by St Monica Trust
1 • 2 beds
Ready to move

Striking six floor regeneration of a historic factory with 180 homes, wellness suite, pool, gym, cinema, cafes and secure, social spaces for independent later living

Price from£315,000
London Square Woolwich

London Square Woolwich

by London Square Woolwich Arsenal
1 • 2 beds
1Q/2028

A 15 storey tower with coworking areas, concierge, rooftop terraces and new green spaces, offering strong growth potential and a vibrant evolving community

Price from£438,500
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
Athena Apartments

Athena Apartments

by Tremula Property Northwood Hills
2 • 1 • 3 beds
Ready to move

3-level red brick building with contemporary details, windows, balconies, underfloor heating, efficient lighting, secure cycle storage and electric vehicle charging.

Price from£350,000
Wattons Hertfordshire

Wattons Hertfordshire

by Fairview New Homes Knebworth
4 beds
3Q/2026

A new collection of 2, 3 and 4 bedroom houses with parking, electric vehicle charging, energy efficient design, green space and strong links to central London

Price from£480,000
Esprit

Esprit

by Hill Hanwell
1 • 2 beds
3Q/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

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 323 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 323 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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