Property in: LONDON
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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.
Eastman Village

Eastman Village

by Barratt London Harrow & Wealdstone
1 • 2 • 3 beds
Ready to move

Modern landscaped development with green spaces, cycle storage, electric car charging and fast links to central areas, designed for sustainable, comfortable living

Price from£340,000
One Clapham

One Clapham

by Mount Anvil Clapham Junction
Studio • 1 beds
4Q/2026

A modern 11 storey development with concierge, gyms, gardens, rooftop terraces and nursery, near shops, parks, schools, medical care and fast travel links

Price from£498,500
The Moxon

The Moxon

by Verta Property Group High Barnet
1 • 2 • 3 beds
4Q/2027

The building incorporates landscaped shared gardens, a rooftop terrace, a private gym and secure bike storage, with a design that maximises natural light.

Price from£374,000

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Bermondsey Heights

Bermondsey Heights

by Barratt London South Bermondsey
1 • 2 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
Southmere

Southmere

by Peabody Abbey Wood
2 • 1 beds
4Q/2026

Modern riverside building with clean design, large windows, private decks, planted squares, 24 hour concierge, bike storage and community spaces near parks and shops

Price from£340,000
Dockley Apartment

Dockley Apartment

by Matching Green Bermondsey
1 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£475,000
Hayes Village

Hayes Village

by Barratt London Hayes & Harlington
Studio • 1 • 2 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£310,000
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
Foundry House

Foundry House

by Not yet determined Wimbledon Chase
1 • 2 beds
Ready to move

New 1 and 2 bedroom apartments from just 450000 with modern layouts, private balconies, gym access, green spaces nearby and strong long term rental potential

Price from£450,000
Watling Gardens

Watling Gardens

by Brent London Borough Council Kilburn
1 • 2 • 3 beds
Ready to move

Modern, energy efficient homes in three new blocks with secure access, landscaped gardens, communal lounge, activity rooms and on site support for independent living

Price from£450,000
Parkside Triangle

Parkside Triangle

by Hyde New Homes Wallington
1 • 2 beds
Ready to move

A modern development with shared ownership, landscaped courtyards, private outdoor spaces, long leases, parking, cycle storage and electric car charging points

Price from£327,500
Artscene

Artscene

by Luxgrove Homes East Acton
1 • 2 • 3 beds
Ready to move
New 1, 2 and 3 bedroom apartments from £385,000 with quality finishes, practical layouts and strong transport, school, park, gym and shop connections nearby
Price from£385,000
Grahame Park

Grahame Park

by Notting Hill Genesis Sales Colindale
1 • 2 • 3 beds
1Q/2027
Modern regeneration project with green courtyards, new parks, shops, cafes, college, library and community spaces, offering strong rental yields and growth potential
Price from£375,000
Equinox at One One Six Cockfosters

Equinox at One One Six Cockfosters

by Rothmore Property Cockfosters
1 • 2 beds
Ready to move

Modern medium rise architecture with landscaped gardens, rooftop terrace, secure cycle storage, energy efficient systems and nearby cafes, gyms, schools and parks

Price from£333,600
Abbey Quay

Abbey Quay

by Weston Homes Barking
1 • 2 beds
2027 – 2028

Modern eco friendly riverside scheme with 1 and 2 room homes, gardens, square, cafes, shops, gyms, schools and health care, plus long warranty for buyers

Price from£325,000
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£485,000
Maitland Yard And Dean Gardens

Maitland Yard And Dean Gardens

by Broadway Living Ealing Broadway
1 • 2 • 3 beds
Ready to move

Modern mixed use scheme with three blocks up to 8 storeys, new public car park with 32 spaces including disabled bays, and a convenient setting near shops and gyms

Price from£425,000
Hayes Park

Hayes Park

by Shall Do Hayes Development Hillingdon
Studio • 1 • 2 • 3 beds
Ready to move

Heritage Grade II architecture, modern amenities, gym, cinema, co-working, gardens, shuttle, nearby parks, schools, shops and healthcare make this a smart long term buy

Price from£285,000
Gasworks

Gasworks

by Avanton Queenstown Road
1 • 2 • 3 beds
1Q/2028

Tall modern towers with restored historic structure, green public space, future transport upgrade and mix of market and affordable homes create strong long term value

Price from£465,000
Frankum Mews

Frankum Mews

by Frankum Mews Development Wood Green
1 • 2 • 3 • 4 beds
Ready to move

Modern 1 to 3 bedroom homes from £405,000 with energy efficient design, landscaped gardens, private terraces and flexible open plan living, ideal for long term value

Price from£405,000

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

How much Stamp Duty (SDLT) applies to developments under £500,000?

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.

Can you buy into Zone 2 developments with a £500,000 budget?

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.

What rental yields do developments under £500k generate?

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.

What typical service charges apply to £500k developments?

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.

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