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

✅ 320 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
Turner House

Turner House

by Peabody
1 beds
Ready to move

Spacious 1, 2 and 3 bedroom homes from £350,000 with large windows, private gardens or balconies, eco friendly design and strong long term investment potential

Price from£350,000

Free personalised new build selection

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Cerulean Quarter

Cerulean Quarter

by English Cities Fund Canning Town
1 • 2 • 3 beds
Ready to move

Modern 32 storey tower with 1, 2 and 3 bedroom homes, large park, fitness, lounge, concierge, near schools, cafes, gyms, transport links and airport access

Price from£379,000
Goldfinch House

Goldfinch House

by McCarthy & Stone Chipstead
1 • 2 beds
Ready to move

Modern low rise retirement building with landscaped gardens, lounge, guest suite, underfloor heating, secure entry and 24 hour call system for comfortable later living

Price from£349,000
The Vabel Lawrence II

The Vabel Lawrence II

by Vabel Seven Sisters
1 • 2 • 3 beds
Ready to move

Industrial style new build with landscaped garden, communal courtyard and robust materials, close to transport, parks, schools, cafes, gyms and hospitals

Price from£475,000
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
Argenta House

Argenta House

by Londonewcastle Stonebridge Park
1 • 2 • 3 beds
1Q/2029

A 24 storey landmark with 130 modern homes, superior quality design, upgraded kiosk and great transport, shops and schools nearby makes it a smart long term choice

Price from£440,000
Ferry Island North

Ferry Island North

by Sage Homes Tottenham Hale
Studio • 2 beds
Ready to move

New homes in a modern building with landscaped plazas, secure entry, bike storage and quick links across the city. Close to shops, gyms, parks and wetlands.

Price from£340,000
Rockcliffe Square

Rockcliffe Square

by L&Q Plumstead
Studio • 1 • 2 • 3 beds
Ready to move

Energy efficient new build studios and 1, 2, 3 bedroom apartments from £292,750 with private balconies, high-quality finishes and fast links to Canary Wharf and the City

Price from£292,750
Fish Island Point

Fish Island Point

by Peabody Stratford
1 • 2 • 3 beds
1Q/2026
Contemporary 1 to 3 bedroom homes in an angular, durable building with landscaped spaces, cycling paths, gyms, cafes, schools and parks all within walking distance
Price from£460,000
Westcombe House

Westcombe House

by Camrose London Tunbridge Wells
1 • 2 beds
Ready to move

Newly built 1 and 2 bedroom homes with classic and contemporary design, bright interiors, onsite parking and easy access to shops, schools, parks and transport.

Price from£285,000

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 320 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 320 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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