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
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
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
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

Free personalised new build selection

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W Broadway

W Broadway

by Luxgrove Homes
1 • 2 • 3 beds
Ready to move

Reduced price from £395,000 for modern 1, 2 and 3 bedroom flats with durable finishes, efficient layouts, great transport links, parks, shops and schools nearby

Price from£395,000
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
New Avenue

New Avenue

by Countryside Homes Southgate
1 • 2 beds
Ready to move
Modern energy efficient homes with landscaped courtyards, secure parking, quality interiors, bike storage and nearby parks, schools, gyms, cafes and supermarkets
Price from£385,000
Rosebank Way (The Mirador)

Rosebank Way (The Mirador)

by Carty Forde Construction North Acton
1 • 2 • 3 beds
Ready to move

Contemporary 5 houses and 32 flats with fine quality finishes, smart community design and strong local amenities, ideal for commuters and modern family living

Price from£250,000
The Focus Collection at Eastman Village

The Focus Collection at Eastman Village

by Hyde New Homes Harrow & Wealdstone
1 • 2 beds
Ready to move
Modern 1, 2 and 3 bedroom homes in a long leasehold building with green spaces, communal gardens, strong transport links and adaptable layouts for future needs
Price from£341,000
Alexandra Gate

Alexandra Gate

by Berkeley Group Wood Green
3 • 4 • 5 beds
Ready to move

Modern development with 1–5 room homes, luxury pool, spa, gym, concierge, landscaped gardens, nearby parks, schools, shops, transport and healthcare.

Price from£430,000
The Hue

The Hue

by Fabrica Hounslow Central
1 • 2 beds
Ready to move

Modern co owned homes with 1, 2 and 3 room layouts plus 2 room duplexes, close to shops, parks, gyms, schools, health care, cafes and fast transport links

Price from£322,500
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
Mill Road

Mill Road

by Telford Homes Ilford
1 • 2 • 3 beds
Ready to move

Modern completed development with shared gym, co working, social and green areas, close to shops, schools, medical care and parks, ideal for 1, 2 and 3 room homes

Price from£300,000
Randolph House

Randolph House

by McCarthy & Stone Kenton
1 beds
Ready to move

New retirement building with secure entrance, lounge, garden tables, guest suites, wide step free access, lifts, parking, nearby parks, shops, gyms and medical care

Price from£249,995
Park Quarter

Park Quarter

by Fairview New Homes New Barnet
1 • 2 • 3 beds
4Q/2026

Modern new build with 44 light filled 1, 2 and 3 bedroom homes, open plan layouts, private outdoor space and easy access to shops, cafes, gyms and green areas

Price from£299,000
Cobham Bowers

Cobham Bowers

by Pegasus Life
1 • 2 • 3 beds
Ready to move

Bright 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

Price from£450,000
Chrisp Street

Chrisp Street

by Telford Homes Canary Wharf
1 • 2 • 3 beds
2027
Modern new build with green spaces, shops, schools and gyms nearby, easy transport links and durable finishes, designed for flexible 1, 2 and 3 room living layouts
Price from£425,000
Sutton Garden Square

Sutton Garden Square

by Berkeley Group Sutton
1 • 2 • 3 beds
2028 – 2029
Sleek façade of clean lines and materials integrates landscaped communal gardens, seating, play zones, walking paths and ground-floor shops and community hubs.
Price from£375,000
Old Royal Chace

Old Royal Chace

by Bellway Gordon Hill
1 • 2 beds
Ready to move

Modern low rise homes with 1, 2 and 3 rooms, gardens, balconies, parking, green surroundings, good roads, rail links, schools, parks, hospital and shops nearby

Price from£292,000
Verdica

Verdica

by Countryside Homes Chalk Farm
Studio • 1 • 2 beds
Ready to move

Modern homes with concierge, bike storage and courtyard gardens. Close to shops, gyms, parks, schools, cafes, bus links, rail, underground and airports.

Price from£450,000
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

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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