New Build Homes in London for Sale under £500 000
✅ 327 new build homes available in London under £500 000✅ Direct offers from over 200 leading London developers
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
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
Dockley Apartments
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
Free personalised new build selection
Lion Crescent
by PA Housing Castle Bar ParkModern new build with nearby parks, gyms, schools, cafes, supermarkets, medical centres and fast access to major airports, ideal for homebuyers and investors
2 Lakeside Drive
by Wainbridge Park RoyalNewly 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
Chase Side
by Not yet determined SouthgateModern low-density block of 7 residences with 1, 2 and 3 bedroom layouts, private gardens, bathroom underfloor heating and 10-year warranty. Small scale high demand.
King Georges Gate
by Taylor Wimpey EarlsfieldModern 1, 2 and 3 bedroom homes with varied facades, rooftop gardens, green views, nearby shops, gyms, schools, parks, cafes, medical care and transport links
The Ellington
by Southwark Council Rotherhithe Modern development with high quality finishes, private outdoor spaces, strong transport links, nearby schools, parks, cafes, gyms and long 12 year building warranty
Peninsula Gardens
by Knight Dragon North GreenwichModern riverside brick buildings beside parks, creative quarter and sports, close to shops, schools, cafes and transport, offering strong growth and lifestyle potential
Dagenham Green
by Berkeley Group Dagenham HeathwayLarge 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
Hope Court
by Rushmon Homes A main building and three detached houses arranged around access roads, landscaped gardens, parking and a public bicycle garage, delivering privacy.
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
Gurnell Leisure Centre
by Ealing Council HanwellModern redevelopment with first class leisure centre, 50 metre pool, fitness studios, outdoor pump track, skatepark, playgrounds, retail and landscaped parkland
Trinity House
by Abbey New Homes Stonebridge ParkModern building with durable masonry walls, insulated concrete slabs and acoustic floors, offering 1, 2 and 3 bedroom layouts, quality finishes and strong investment appeal
Windmill Road
by Not yet determined West Croydon Small converted building of 5 units with private patios, split-level 2 and 3 bedroom layouts, modern kitchens, share of freehold and a 999-year lease.
Urban Picturehouse
by Montreaux homes Sidcup Contemporary brick design, secure access, energy efficient build, landscaped gardens, gyms, parks, schools, shops and medical care all within a short walk
The Denton
by Elysian Residences Four storey later life residence with shared spaces, on site support, care options, secure feel, nearby shops, healthcare and travel links for long term living
Cobham Bowers
by Pegasus LifeBright open plan 1 and 2 bedroom homes in a stylish new building, with shops, cafes, parks, gyms and transport links nearby, ideal for active modern living
Marlborough House
by Formation Architects ChiswickHistoric architecture meets modern comfort, with work, dining and relaxation areas, fitness nearby and green spaces close by, ideal for a connected, refined lifestyle
Lombard Square
by Berkeley Group Woolwich ArsenalModern mixed use development with landscaped seasonal gardens, retail and leisure facilities, strong connectivity and promising rental yields, completing in 2025
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 327 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
Yes, there are currently 327 developments in London with properties under £500 000. These include both ready-to-move and off-plan homes.
In this budget, buyers can typically find modern studios and 1-bedroom homes. Some options in developing areas may also offer 2-bedroom properties.
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.