New Build Developments Under £500,000 in London
✅ 294 residential developments under £500,000 across London.✅ Built by leading UK housebuilders. Chain-free, 10-year warranty, concierge, and private balconies.
Dockley Apartment
by Matching Green BermondseyNew homes with terraces and rooftop gardens, play area and peaceful courtyard, near parks, markets, schools, gyms, medical care and fast links across the city
Eastman Village
by Barratt London Harrow & WealdstoneModern landscaped development with green spaces, cycle storage, electric car charging and fast links to central areas, designed for sustainable, comfortable living
Hayes Village
by Barratt London Hayes & HarlingtonModern canalside development with over 1,000 homes, landscaped squares, shared gardens, retail, secure access, lifts and parking, ideal for long term living or renting
Free personalised new build selection
The Moxon
by Verta Property Group High BarnetThe building incorporates landscaped shared gardens, a rooftop terrace, a private gym and secure bike storage, with a design that maximises natural light.
Bermondsey Heights
by Barratt London South BermondseyStriking 28 storey tower with 163 modern homes, concierge, secure access, rooftop terrace and landscaped gardens, offering strong transport links and investment potential
One Clapham
by Mount Anvil Clapham JunctionA modern 11 storey development with concierge, gyms, gardens, rooftop terraces and nursery, near shops, parks, schools, medical care and fast travel links
Southmere
by Peabody Abbey WoodModern riverside building with clean design, large windows, private decks, planted squares, 24 hour concierge, bike storage and community spaces near parks and shops
North West Quarter
by Countryside Homes Kilburn ParkModern development with green areas, central square, shops, gym, cafe and medical centre, energy saving design and strong transport links, ideal for long term living
Varcoe Corner
by Southern Housing Group South BermondseyNew 74-unit development with 1 and 2 room layouts, communal roof garden with skyline views, secure cycle storage, car club access and adaptable accessible units now.
Augustus House
by McCarthy & StoneModern four storey managed retirement building with lift, landscaped gardens, restaurant, lounge, guest suite, 24 hour management and strong travel connections
ICON at Burnt Oak
by Network Homes Burnt OakModern homes with 1 to 3 bedrooms, shared ownership, green spaces nearby, parks, schools, gyms, cafes and easy access to public transport and airports
Wembley Park Gardens
by Barratt London Wembley ParkModern high rise homes with gardens, coworking spaces and strong transport links, close to shops, schools, gyms, parks and medical centres, offer smart investment potential
Mundell House
by Hyde New Homes KidbrookeModern homes with 1, 2 and 3 rooms, long 999 year lease, landscaped open spaces, accessible design, integrated transport links and strong future area potential
Wimbledon Place
by Thornsett Group WimbledonModern mixed use building with 135 new 1, 2 and 3 bedroom homes, concierge, gym, cafe, play areas and landscaped spaces, designed for comfort and community
Somerset Road
by Helios Capital West EalingModern residence with parks, cafes, gyms and supermarkets nearby, plus quick links to city and airport, offers strong lifestyle and long term investment appeal
Newlands House
by Stone SurbitonA tranquil development of 41 stylish 1, 2 and 3 bedroom homes with landscaped gardens, secure parking, lift access and bike storage for convenient modern living
Brent Cross Town
by Related Argent Brent CrossSustainable mixed use hub with green spaces, modern architecture, strong transport links, schools, gyms and shops nearby, offering solid long term investment potential
Homewood Grove
by Rangeford VillagesLater living village with 116 new homes, wellness centre, pool, gym, spa, bistro and landscaped gardens, near hospital, park and strong transport links
Royal Gateway
by Barratt London North ActonModern homes with 1, 2 and 3 bedrooms, private outdoor spaces, communal and rooftop gardens, residents lounge, gym and concierge in a green, well connected area
The Point at Eastbrooke Village
by Bellway Upney Modern energy efficient homes in landscaped surroundings, near parks, schools, cafes, gym, shops and rapid transport links, ideal for 1, 2 and 3 room buyers
New Build Developments Under £500,000 in London
Developments priced under £500,000 represent London’s most searched commercial property segment, capturing strong demand from owner-occupiers and long-term buy-to-let investors alike. With a £500,000 budget, purchasers can choose from masterplanned developments in established Zone 2, 3, and 4 locations such as Greenwich, Stratford, Acton, Wembley, Kidbrooke, and Tottenham Hale.
Schemes at this tier frequently offer hotel-style resident facilities: 24-hour concierge services, private fitness centres, communal landscaped courtyards, residents' lounges, and co-working spaces. Purchasing direct from a developer ensures a 10-year structural warranty, modern EPC energy performance, and complete freedom from upward property chains.
FAQ: New Build Developments Under £500,000 in London
First-time buyers benefit from relief up to £425,000, paying only 5% on the remaining portion between £425,000 and £500,000 (a total of £3,750 on a £500k home). Standard home movers pay tiered rates from £250,000 upwards, though many developments feature full Stamp Duty paid incentives.
Yes. In Zone 2, £500,000 provides access to high-specification new developments in major regeneration districts such as Canada Water, Bermondsey, Deptford, Stratford, and Bow, offering direct tube links into the City and West End.
Gross rental yields in this price segment typically range between 4.8% and 6.2%, supported by robust tenant demand for energy-efficient homes with modern concierge and transport amenities.
Annual service charges generally sit between £3.50 and £5.50 per square foot for schemes with standard facilities (gardens, lift, concierge). Complexes with extensive wellness facilities (pools, spas) sit towards the upper end of that scale.