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£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
Grand Union

Grand Union

by St. George (Berkeley Group) Stonebridge Park
Studio • 1 • 2 • 3 beds
4Q/2026
Modern canalside homes with 14 acres of open space, gardens, community hub, flexible work space, residents lounge and bowling, near transport, schools and parks
Price from£394,000

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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
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
One Clapham Junction

One Clapham Junction

by Mount Anvil Clapham Junction
1 beds
4Q/2026
A modern 11 storey development with concierge, gyms, gardens, rooftop terraces and nursery, near shops, parks, schools, medical care and fast travel links
Price from£497,500
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
Stories Wharf

Stories Wharf

by Hyde New Homes North Greenwich
Studio • 1 • 2 • 3 beds
Ready to move
Modern riverside building with terraces, roof gardens, secure access, parking, bicycle storage and green spaces nearby, ideal for long term living or rental investment
Price from£355,000
Coronation Square

Coronation Square

by Taylor Wimpey Leyton
2 • 3 beds
Ready to move

Modern finished homes in a large planned community around a public square, with shared amenities, green spaces and long term design quality for 1, 2 and 3 room layouts
Price from£385,000
Bookbinder Point

Bookbinder Point

by Vision Develop South Acton
1 • 2 beds
Ready to move

Modern 16 storey building with concierge, roof garden, workspaces, bike storage and high construction standards, offering long term comfort and investment appeal
Price from£404,550
Goldwyn House

Goldwyn House

by McCarthy & Stone Elstree & Borehamwood
1 • 2 beds
Ready to move
Modern retirement building with landscaped grounds, communal lounge, restaurant, salon, guest suite, secure parking, lifts, gardens, and year round on site support
Price from£280,000
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

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
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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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