New Build Developments Under £500,000 in London
✅ 290 residential developments under £500,000 across London.✅ Built by leading UK housebuilders. Chain-free, 10-year warranty, concierge, and private balconies.
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
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
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
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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
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
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
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
West Acre Square
by Southern Housing Group SouthallModern energy efficient building with landscaped gardens, fitness suite, lounges, secure cycle storage, family play areas and shops below, ideal long term investment
Lilium House
by SES Property Group Ltd NorburyModern mews building with clean lines, private gardens, terraces and balconies, gated access and video entry. Well connected and compact; 7 in total.
The Brentford Project
by Ballymore BrentfordRiverside scheme with new high street, historic church, leisure, retail and landscaped paths, plus concierge, gym, spa, pool and gardens for long term growth potential
Lewis House
by McCarthy & Stone Gipsy HillModern building with landscaped gardens, roof terrace, communal lounge, guest suite, balconies, concierge and 24/7 call system, close to shops and transport
SO Resi Peckham
by Metropolitan Thames Valley Queens Road PeckhamStylish new 1, 2 and 3 bedroom apartments from just 445000 with shared ownership, quality finishes, balconies, green space, gyms, schools and cafés nearby
Trundleys Road
by Park Properties Housing Association South BermondseyNew riverside building with high specification kitchens and bathrooms, private balconies, a communal roof terrace, shared ownership and 21 rooms, near parks and shops.
Abbey Quay
by Weston Homes BarkingModern eco friendly riverside scheme with 1 and 2 room homes, gardens, square, cafes, shops, gyms, schools and health care, plus long warranty for buyers
Crescent Gardens
by Latimer East CroydonContemporary building with landscaped gardens, green courtyards and car free routes, close to shops, gyms, cafes, parks, schools, medical centres and an airport
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Edge
by Countryside Homes HainaultNewly built 1 to 3 bedroom homes with modern sustainable design, community spaces, local shops, schools, parks, gyms and fast links across the city
Square Roots Hendon
by Square Roots ColindaleModern residence with private outdoor space, parking with electric charging, cycle storage, gyms, parks, cafes, schools, shops and medical care all nearby
Eldon Court
by Mantle Developments Norwood JunctionModern 4 storey boutique building with long leasehold tenure, high quality finishes, secure entry, smart heating, green views and strong connectivity.
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.