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

✅ 331 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
Middle Yard

Middle Yard

by Union Developments Dollis Hill
1 • 2 • 3 beds
Ready to move
Modern car free complex with four distinctive buildings, private balconies, terraces, gardens, ponds, gym and swimming pool, designed for healthy contemporary living
Price from£475,000

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Pinner Place

Pinner Place

by Tremula Property Pinner
2 beds
Ready to move

Modern three level development with 8 exclusive 2 bedroom homes, balconies, utility and storage spaces, contemporary interiors and nearby shops, parks and schools
Price from£470,000
ASDA Park Royal

ASDA Park Royal

by Barratt London Park Royal
1 • 2 • 3 beds
4Q/2028

Sustainable high rise with car free living, green landscaped areas, wellness spaces, shops and restaurants, enhanced public realm and strong eco focused design
Price from£425,000
Arc at Wembley

Arc at Wembley

by Network Homes Wembley Central
1 • 2 beds
Ready to move
Modern finished building with car free design, ready to move in, practical 1 and 2 bedroom layouts, shared spaces, nearby shops, parks, gyms and medical services
Price from£357,500
Eastbrooke Village

Eastbrooke Village

by Bellway Upney
1 • 2 • 3 beds
1Q/2027

Modern development with green parks, gyms, health care, schools and cafes nearby, plus easy access to airports and transport, offers strong future investment potential
Price from£260,000
Lombard Square

Lombard Square

by Berkeley Group Woolwich Arsenal
1 • 2 • 3 beds
2Q/2026

Modern mixed use development with landscaped seasonal gardens, retail and leisure facilities, strong connectivity and promising rental yields, completing in 2025
Price from£337,500
Rotherhithe Reach

Rotherhithe Reach

by Notting Hill Genesis Sales Rotherhithe
1 • 2 • 3 beds
1Q/2028

Modern homes with generous public open space, tree lined streets and good access to schools, shops, gyms, healthcare and transport links make this a smart choice
Price from£500,000
East Wick & Sweetwater

East Wick & Sweetwater

by Balfour Beatty Leyton
1 • 2 • 3 • 4 beds
1Q/2029

A modern mixed use project with landscaped play areas, nursery, retail, health centre, community and green spaces, gym access and good links to airports
Price from£470,000
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
Thames Road

Thames Road

by Ballymore Canning Town
1 • 2 • 3 beds
1Q/2027

Riverside mixed use project with 1,658 homes, gym, outdoor pool, tennis court, rooftop running track, school, park, retail, cafes and sustainable design
Price from£399,500

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 331 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
Popular London neighbourhoods:
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FAQ: New Build Homes in London under £500 000

Are there new build homes in London priced under £500 000?

Yes, there are currently 331 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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