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

✅ 330 new build homes available in London under £500 000
✅ Direct offers from over 200 leading London developers
Dockley Apartments

Dockley Apartments

by Matching Green Bermondsey
1 • 2 beds
Ready to move

New homes with terraces and rooftop gardens, play area and peaceful courtyard, near parks, markets, schools, gyms, medical care and fast links across the city

Price from£495,000
Hayes Village

Hayes Village

by Barratt London Hayes & Harlington
Studio • 1 • 2 • 3 beds
Ready to move

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£315,000
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£428,000

Free personalised new build selection

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The Bermondsey Project

The Bermondsey Project

by Greystar Bermondsey
1 • 2 • 3 beds
1Q/2027

A modern residential project with sustainable green spaces, new school, play areas and jobs-focused facilities, creating a thriving, community centred environment

Price from£409,922
Axion House

Axion House

by Square Roots Lewisham
1 • 2 • 3 beds
Ready to move
Concertina-form building with stepped rooflines and pointed towers, ground-floor commercial, riverside boardwalks and planted public space.
Price from£410,000
The Green Quarter

The Green Quarter

by Berkeley Group Southall
1 • 2 beds
4Q/2036

Sustainable new homes with acres of parkland, canal frontage, gym, cinema, lounge, on site shops and fast rail links to the centre and airport

Price from£415,000
Russell Hill Road

Russell Hill Road

by Hexagon Housing Association Purley
1 • 2 • 3 beds
Ready to move
Modern residential building with contemporary design, quality finishes, secure video entry, green spaces nearby and excellent road links, ideal for long term living
Price from£350,000
The Tramworks

The Tramworks

by Taylor Wimpey West Finchley
1 • 2 • 3 beds
Ready to move

Modern homes with flexible layouts, landscaped green areas, safe play spaces, strong transport links, parking, bicycle storage and wheelchair friendly design

Price from£370,000
100 Woodgate Drive

100 Woodgate Drive

by Latimer Streatham
1 • 2 beds
Ready to move
A 14-storey tower with a planted public realm and balconies, integrating communal social spaces, cycle facilities, bike hire and a Shared Mobility Hub.
Price from£382,000
Arden

Arden

by Peabody Lewisham
1 • 2 beds
Ready to move
New homes with modern design, green courtyards, wellness spaces, coworking hub and screening room offer style, comfort and strong long term investment potential
Price from£465,000
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
Coppice Yard

Coppice Yard

by Stone Selhurst
1 • 2 • 3 beds
Ready to move
Modern courtyard style, secure gated entrance, gardens, outdoor gym, swimming pool and energy smart design make this 54 home development a strong investment
Price from£360,000
Trinity House

Trinity House

by Abbey New Homes Stonebridge Park
1 • 2 • 3 beds
Ready to move

Modern building with durable masonry walls, insulated concrete slabs and acoustic floors, offering 1, 2 and 3 bedroom layouts, quality finishes and strong investment appeal

Price from£375,000
The Pages Wembley

The Pages Wembley

by Brent London Borough Council Wembley Central
1 • 2 beds
4Q/2026

Modern mixed use building with 237 energy efficient homes, concierge, communal lounge, landscaped courtyard garden and podium terraces, ideal for comfortable urban living

Price from£415,000
Dagenham Green

Dagenham Green

by Berkeley Group Dagenham Heathway
1 beds
2026 – 2027

Large scale regeneration with 1, 2 and 3 bedroom homes, new public realm, green spaces, school, shops and strong transport links offers long term growth potential

Price from£270,000
Crescent Gardens

Crescent Gardens

by Latimer East Croydon
2 beds
Ready to move

Contemporary building with landscaped gardens, green courtyards and car free routes, close to shops, gyms, cafes, parks, schools, medical centres and an airport

Price from£447,500
Oh So Close

Oh So Close

by Darglobal West Ealing
Studio • 1 • 2 beds
Ready to move

Newly built residence with landscaped gardens, nearby parks, cafes, gyms, schools, markets, health centres and fast links to central areas and airports

Price from£454,053
Grahame Park

Grahame Park

by Notting Hill Genesis Sales Colindale
1 • 2 • 3 beds
1Q/2027
Modern regeneration project with green courtyards, new parks, shops, cafes, college, library and community spaces, offering strong rental yields and growth potential
Price from£375,000
Rivermark

Rivermark

by Taylor Wimpey Canning Town
1 • 2 • 3 beds
4Q/2026

Riverside homes with modern design, large windows, gardens, rooftop terraces, concierge, lounge, social spaces and classrooms offer strong long term investment potential

Price from£445,000
2 Lakeside Drive

2 Lakeside Drive

by Wainbridge Park Royal
Studio • 1 • 2 • 3 beds
Ready to move

Newly converted landmark with 252 modern 1 and 2 bedroom homes, smart design, parking, cycle storage and strong transport links, offering quality and long term value

Price from£315,000

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 330 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 330 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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