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

✅ 329 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
Foundry House

Foundry House

by Not yet determined Wimbledon Chase
1 • 2 beds
Ready to move

New 1 and 2 bedroom apartments from just 450000 with modern layouts, private balconies, gym access, green spaces nearby and strong long term rental potential
Price from£450,000

Free personalised new build selection

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The Grove

The Grove

by Huxley Group Goldhawk Road
1 • 2 • 3 beds
Ready to move

Contemporary new build with 1, 2 and 4 room homes, secure private access, high specification finishes, spacious layouts and excellent transport connections nearby
Price from£450,000
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
Lillium Mews

Lillium Mews

by SES Property Group Ltd Haydons Road
1 • 2 beds
Ready to move
Quiet mews new build of six with 1 and 2 bedroom layouts, private gardens or balconies, underfloor heating, integrated appliances, 999 year lease, share of freehold
Price from£465,000
Beverley Waterside

Beverley Waterside

by Wimshurst Pelleriti Barnes
1 • 2 • 3 beds
Ready to move

Modern energy efficient homes in a landscaped setting, with quality materials, private outdoor spaces and nearby schools, parks, gyms, hospitals and transport links
Price from£500,000
Cassia

Cassia

by Newlon Living Oakwood
1 • 2 beds
Ready to move

Modern development with landscaped public spaces, private outdoor areas, quality wood and tiled finishes, fitted kitchens and good access to shops, parks and transport
Price from£360,000
Hepworth Place

Hepworth Place

by Countryside Homes Walthamstow Central
1 • 2 beds
Ready to move

Modern landscaped development with pedestrian friendly streets, play areas, gyms, parks, schools and shops nearby, offering 1, 2 and 3 room homes with lasting quality
Price from£365,000
The Perfume Factory

The Perfume Factory

by Telford Homes North Acton
1 • 2 beds
Ready to move

Modern high specification homes in a redeveloped area, with excellent transport links, green spaces, shops and cafes nearby, offer a smart long term property choice
Price from£435,000
The Ellington

The Ellington

by Southwark Council Rotherhithe
1 • 2 • 3 beds
Ready to move
Modern development with high quality finishes, private outdoor spaces, strong transport links, nearby schools, parks, cafes, gyms and long 12 year building warranty
Price from£475,000
West Ham Village

West Ham Village

by Peabody West Ham
Studio • 1 • 2 beds
Ready to move

Modern new build with landscaped park, cafés, gyms and shops nearby, long 225 year lease, strong transport links and extensive warranty make it a smart investment
Price from£395,000

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 329 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 329 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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