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

✅ 327 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
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
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

Free personalised new build selection

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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
The Verdean

The Verdean

by Mount Anvil Acton Central
Studio • 1 • 2 beds
1Q/2027

Modern new build with landscaped gardens by Royal Botanic Gardens Kew, gym, business suite, cinema room, cycle storage and nearby shops, cafes and schools

Price from£434,000
SO Resi Wembley Way

SO Resi Wembley Way

by Metropolitan Thames Valley Wembley Park
Studio • 1 • 2 beds
Ready to move

Choose modern studio, 1, 2 or 3 bedroom apartments from just £350,000, with balconies, roof terraces, landscaped areas and energy efficient contemporary design

Price from£350,000
Trundleys Road

Trundleys Road

by Park Properties Housing Association South Bermondsey
1 • 2 beds
Ready to move

New riverside building with high specification kitchens and bathrooms, private balconies, a communal roof terrace, shared ownership and 21 rooms, near parks and shops.

Price from£390,000
Olympic House

Olympic House

by Telereal Trillium Wembley Park
1 • 2 • 3 beds
Ready to move
Modern mixed use building with homes, hotel and shops, efficient design, natural light, balconies, gardens, gyms, parks, schools and daily services close by
Price from£375,000
Heathside

Heathside

by Stone Lewisham
Studio • 1 • 2 beds
Ready to move

Landmark regeneration with modern architecture, concierge, fitness suite, co working hub, secure parking, cycle storage and landscaped gardens in a green setting

Price from£370,000
Leyton High Road 2

Leyton High Road 2

by Lita Homes Leyton Midland Road
1 • 2 • 3 beds
2Q/2027
Brick-and-glass façade with full-height glazing, wide building spacing, 24-hour security, shared business/leisure hub, parking 1:1.2, park a 4-min walk (12,000 sq m)
Price from£350,000
Corner Place

Corner Place

by Southern Space Bethnal Green
1 • 2 • 3 beds
Ready to move

Modern 1, 2 and 3 bedroom homes in a durable, energy efficient building with great light, sound insulation and nearby parks, shops, gyms and transport

Price from£485,000
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
Augustus House

Augustus House

by McCarthy & Stone
2 beds
Ready to move

Modern four storey managed retirement building with lift, landscaped gardens, restaurant, lounge, guest suite, 24 hour management and strong travel connections

Price from£299,995
Homewood Grove

Homewood Grove

by Rangeford Villages
1 • 2 • 3 beds
Ready to move

Later living village with 116 new homes, wellness centre, pool, gym, spa, bistro and landscaped gardens, near hospital, park and strong transport links

Price from£490,000
Woodside Park

Woodside Park

by Pocket Living Woodside Park
1 • 2 beds
Ready to move
Modern four storey building with 86 homes, shared roof terrace, social areas, secure cycle storage and parking, finished and ready for comfortable low maintenance living
Price from£299,300
Eastman Village

Eastman Village

by Barratt London Harrow & Wealdstone
1 • 2 • 3 beds
3Q/2028

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

Price from£335,000
Russell Hill Road

Russell Hill Road

by Hexagon Housing Association Purley
1 • 2 • 3 beds
Ready to move
Modern residential building with contemporary design, quality finishes, secure video entry, green spaces nearby and excellent road links, ideal for long term living
Price from£350,000
Gadwall Quarter at Woodberry Down

Gadwall Quarter at Woodberry Down

by Notting Hill Genesis Sales Manor House
1 • 2 • 3 beds
Ready to move

Modern architecture, green surroundings, parks, gyms, cafes, schools, health centres and fast transport links create a calm yet well connected place to live

Price from£480,000
Atlip Gardens

Atlip Gardens

by Not yet determined Alperton
1 • 2 • 3 beds
1Q/2028

Modern mixed use landmark with up to 29 floors, 464 homes, co living units, workspaces, gardens, play areas, eco design, job creation and better walking routes

Price from£340,000
East River Wharf

East River Wharf

by Legal & General Affordable Homes West Silvertown
1 • 2 • 3 beds
1Q/2027

Modern riverside new build with landscaped gardens, cycle storage and sustainable design, close to cafes, parks, gyms, schools and medical services

Price from£387,500

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 327 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 327 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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