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

✅ 326 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£428,000
Hayes Village

Hayes Village

by Barratt London Hayes & Harlington
Studio • 1 • 2 • 3 beds
Ready to move

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£315,000
Dockley Apartments

Dockley Apartments

by Matching Green Bermondsey
1 • 2 beds
Ready to move

New homes with terraces and rooftop gardens, play area and peaceful courtyard, near parks, markets, schools, gyms, medical care and fast links across the city

Price from£495,000

Free personalised new build selection

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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
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
Eldon Court

Eldon Court

by Mantle Developments Norwood Junction
1 • 2 beds
Ready to move
Modern 4 storey boutique building with long leasehold tenure, high quality finishes, secure entry, smart heating, green views and strong connectivity.
Price from£325,000
Stroudley Walk

Stroudley Walk

by Poplar Harca Bow Road
Studio • 1 • 2 • 3 • 4 beds
Ready to move

Modern mixed use project with four buildings, tower, shops, community hub, green terrace, affordable and shared homes, near cafes, schools, parks and transport

Price from£339,950
Byron Quarter

Byron Quarter

by Harrow Council Harrow & Wealdstone
1 • 2 • 3 beds
4Q/2027

Modern six storey block with 149 energy efficient homes, green spaces, new trees, parking and cycle storage, designed for an inclusive, accessible community

Price from£330,000
Hornsey Town Hall

Hornsey Town Hall

by Far East Consortium International Limited FECIL Crouch Hill
2 • 1 beds
Ready to move

Restored heritage building with elegant interiors, energy efficient systems, secure entry, lifts, parking, gardens, bike storage and excellent nearby shops and parks

Price from£499,950
The Ellington

The Ellington

by Southwark Council Rotherhithe
1 • 2 • 3 beds
Ready to move
Modern development with high quality finishes, private outdoor spaces, strong transport links, nearby schools, parks, cafes, gyms and long 12 year building warranty
Price from£475,000
The Tramworks

The Tramworks

by Taylor Wimpey West Finchley
1 • 2 • 3 beds
Ready to move

Modern homes with flexible layouts, landscaped green areas, safe play spaces, strong transport links, parking, bicycle storage and wheelchair friendly design

Price from£365,000
79-85 Mare Street

79-85 Mare Street

by Konebat London Fields
1 • 2 • 3 beds
4Q/2026

Modern mixed use building with 4 and 6 storey sections, basement and 3 commercial units, offering thoughtful layouts and a vibrant, well connected urban setting

Price from£475,000
Millbrook Square

Millbrook Square

by Beech Grove Homes Mill Hill East
1 • 2 • 3 beds
Ready to move

Modern one and two bedroom homes and three bedroom townhouses with integrated kitchens, elegant bathrooms, outdoor spaces, parking, and nearby parks and schools.

Price from£420,000
Cassia

Cassia

by Newlon Living Oakwood
1 beds
Ready to move

Modern development with landscaped public spaces, private outdoor areas, quality wood and tiled finishes, fitted kitchens and good access to shops, parks and transport

Price from£360,000
Arden

Arden

by Peabody Lewisham
1 • 2 beds
Ready to move
New homes with modern design, green courtyards, wellness spaces, coworking hub and screening room offer style, comfort and strong long term investment potential
Price from£465,000
Addiscombe Grove CR0

Addiscombe Grove CR0

by Pocket Living East Croydon
1 beds
Ready to move

Modern 112 one room building with sleek exterior, roof gardens, lounges, wellness room, bike storage, efficient lighting, strong links to shops, gyms and parks

Price from£246,017
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
Meadowhouse

Meadowhouse

by Fallsbrook Road Limited Streatham Common
1 • 2 • 3 beds
Ready to move

New build with tall windows high ceilings, engineered floors, integrated kitchens, full roof terrace with 360 degree views, spacious layouts, 29 rooms, strong links.

Price from£400,000
Bancroft and Wickford

Bancroft and Wickford

by Tower Hamlets Council Bethnal Green
1 • 2 • 3 beds
Ready to move

Contemporary architecture, community workspace, new garden and strong transport links create a functional, connected home base with green space and nearby daily amenities

Price from£425,000
Lea Bridge

Lea Bridge

by London Square Lea Bridge
1 • 2 • 3 • 4 beds
1Q/2028

Modern homes with new plaza, community and cultural spaces, direct access to transport links, parks, schools, cafes, gyms and shops, ideal for long term living

Price from£360,000

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 326 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 326 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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