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

✅ 324 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
The Lawns

The Lawns

by Group One Southgate
2 • 3 • 4 beds
Ready to move
A gated new build with landscaped communal gardens, allocated parking, secure management and efficient modern design. Strong transport links and long term appeal....
Price from£425,000

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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
Millstream Tower

Millstream Tower

by Newlon Living Tottenham Hale
1 • 2 beds
Ready to move

Modern ready built tower with durable design, large windows, roof terrace, secure entry, gardens and nearby schools, shops, gyms, parks and medical centres
Price from£350,000
Arc at Wembley

Arc at Wembley

by Network Homes Wembley Central
1 • 2 beds
Ready to move
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
Price from£357,500
Queens Cross

Queens Cross

by Mount Anvil Royal Victoria
Studio • 1 • 2 • 3 beds
Ready to move

Modern seven floor building with 224 homes, bright design, extensive amenities, concierge, gym, pool and rooftop spaces, strong demand and reliable investment potential
Price from£413,000
The Acer Apartments

The Acer Apartments

by Legal & General Affordable Homes White City
Studio • 1 beds
Ready to move
Modern 1 and 2 bedroom homes with shared ownership, efficient layouts, balconies, landscaped spaces, strong transport links and long term investment potential
Price from£429,000
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
Lampton Parkside

Lampton Parkside

by Hill Hounslow Central
1 • 2 • 3 beds
Ready to move

Low rise homes with park views, private outdoor spaces, energy saving design and nearby shops, gyms, schools and transport make this a smart long term choice
Price from£355,000
Old Royal Chace

Old Royal Chace

by Bellway Gordon Hill
1 • 2 beds
Ready to move

Modern low rise homes with 1, 2 and 3 rooms, gardens, balconies, parking, green surroundings, good roads, rail links, schools, parks, hospital and shops nearby
Price from£292,000
The Langdon

The Langdon

by Aitch Group Langdon Park
1 • 2 • 3 beds
4Q/2026

A modern sustainable building by Dowen Farmer Architects with 65 stylish 1, 2 and 3 bedroom homes, landscaped gardens and excellent local amenities nearby
Price from£425,000

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 324 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 324 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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