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
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
The Heights

The Heights

by Pocket Living Charlton
1 • 2 beds
Ready to move

Modern building with 1 and 2 bedroom homes, wheelchair adaptable options, secure cycle storage and shared outdoor spaces, close to parks, shops and gyms

Price from£316,000

Free personalised new build selection

Sales office
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
Station Road

Station Road

by Huxley Group New Barnet
3 beds
Ready to move
Boutique new build of 6 units and 2 mews houses. 3-bedroom houses with private rear gardens, parking, energy efficient design, new build warranty, short walk to rail
Price from£500,000
Lion Crescent

Lion Crescent

by PA Housing Castle Bar Park
1 • 2 beds
Ready to move

Modern new build with nearby parks, gyms, schools, cafes, supermarkets, medical centres and fast access to major airports, ideal for homebuyers and investors

Price from£355,000
Lewisham Shopping Centre

Lewisham Shopping Centre

by Thornsett Group Wimbledon
1 • 2 • 3 beds
2028 – 2030

A human focused mixed use hub with green spaces, walkable streets, workspaces, schools, healthcare and cultural venues offers strong long term investment potential

Price from£432,500
Gadwall Quarter at Woodberry Down

Gadwall Quarter at Woodberry Down

by Notting Hill Genesis Sales Manor House
1 • 2 • 3 beds
Ready to move

Modern architecture, green surroundings, parks, gyms, cafes, schools, health centres and fast transport links create a calm yet well connected place to live

Price from£480,000
Cavendish Grove

Cavendish Grove

by Bellway South Merton
2 • 3 • 4 beds
Ready to move

Modern homes with 1 to 4 rooms, new sports facilities, green spaces, good schools and strong transport links make this a smart and attractive long term purchase

Price from£455,000
Somerset Road

Somerset Road

by Ayana Properties West Ealing
1 • 2 • 3 beds
Ready to move
Modern residence with parks, cafes, gyms and supermarkets nearby, plus quick links to city and airport, offers strong lifestyle and long term investment appeal
Price from£498,950
Augustus House

Augustus House

by McCarthy & Stone
2 beds
Ready to move

Modern four storey managed retirement building with lift, landscaped gardens, restaurant, lounge, guest suite, 24 hour management and strong travel connections

Price from£299,995
The Link

The Link

by Tremula Property Hendon
1 • 2 • 3 beds
4Q/2026

Modern 1, 2 and 3 bedroom building with secure parking, smart access, green courtyards, gyms, cafes, parks, schools, shops and medical services nearby

Price from£365,000

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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