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

✅ 322 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£445,000
Hayes Village

Hayes Village

by Barratt London Hayes & Harlington
Studio • 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£350,000
Riverside West

Riverside West

by BexleyCo Homes Erith
1 • 2 beds
Ready to move

Modern riverside building with roof terraces, concierge, gyms and parks nearby, fast links to central city, strong regeneration and long term investment potential
Price from£250,000

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ASDA Park Royal

ASDA Park Royal

by Barratt London Park Royal
1 • 2 • 3 beds
4Q/2028

Sustainable high rise with car free living, green landscaped areas, wellness spaces, shops and restaurants, enhanced public realm and strong eco focused design
Price from£425,000
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£350,000
Morden Wharf

Morden Wharf

by Galliard Homes North Greenwich
1 • 2 • 3 beds
2033

Riverside project with parks, shops, offices and community spaces, energy efficient design, jobs and green areas, creating a vibrant mixed use neighbourhood
Price from£385,000
Gordon Road

Gordon Road

by Luxgrove Homes West Ealing
1 • 2 • 3 beds
Ready to move
Contemporary building with clean lines, quality construction, natural light, open plan spaces and durable finishes, set in a well serviced, established urban area
Price from£475,000
Edge

Edge

by Countryside Homes Hainault
1 • 2 • 3 beds
Ready to move

Newly built 1 to 3 bedroom homes with modern sustainable design, community spaces, local shops, schools, parks, gyms and fast links across the city
Price from£294,995
The Brentford Project

The Brentford Project

by Ballymore Brentford
Studio • 1 • 2 • 3 beds
1Q/2027
Riverside scheme with new high street, historic church, leisure, retail and landscaped paths, plus concierge, gym, spa, pool and gardens for long term growth potential
Price from£435,000
Marlborough House

Marlborough House

by Formation Architects Chiswick
Studio • 1 beds
Ready to move

Historic architecture meets modern comfort, with work, dining and relaxation areas, fitness nearby and green spaces close by, ideal for a connected, refined lifestyle
Price from£485,000
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
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£385,000

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 322 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 322 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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