London has long been a magnet for those seeking to establish roots or invest in property.
The capital’s vibrant culture, diverse communities, and economic opportunities make it an ever-popular choice for buyers, renters, and investors from around the globe. But – despite its reputation for high property prices – there’s still gems to be found for those with a £500,000 budget or under.
In this article, we explore a selection of flats and apartments for sale across London’s most sought-after areas, each offering its own unique slice of the capital. For those interested in purchasing a flat under £500,000, these areas provide an excellent starting point to find your ideal London home.
Bermondsey
Bermondsey, once an industrial heartland, has transformed into a vibrant cultural quarter. The area’s warehouse conversions and modern developments are a draw for those attracted to its trendy vibe and riverside location.
One bedroom apartment for sale in Corio House, Bermondsey SE1
Offers in excess of £500,000 (Leasehold)
This modern one-bedroom apartment is in Corio House, a popular secure development in the heart of thriving Bermondsey, and benefits from 24hr concierge and communal gardens. Positioned on the second floor with lift access, the apartment features a contemporary open plan kitchen, large double bedroom, and luxurious bathroom as well as a large balcony that can be accessed from both the reception room and bedroom.
If you’d like to book a viewing, contact us here.
Chelsea
Chelsea SW3 remains one of the most desirable and prestigious post codes for discerning buyers. It’s elegant streets are lined with high-end boutiques and galleries and world-famous restaurants and cafes which, in addition to the outstanding schools and fantastic green spaces, makes it a fantastic option for those looking to live and invest in London.
One bedroom flat for sale in Sloane Avenue Mansions, Chelsea SW3 £500,000 (Leasehold)
Set on the fifth floor, this very well presented one bedroom flat with an en-suite bathroom features a light filled open plan reception room and kitchen with beautiful doors that onto a private south facing balcony.
If you’d like to book a viewing, contact us here.
Islington
Islington, with its eclectic mix of arts, dining, and shopping, presents an urban haven for culture enthusiasts and foodies alike. This district’s blend of Victorian architecture and contemporary flair creates a unique and dynamic environment for its residents.
Studio apartment for sale in Canaletto Tower, London (near Islington) EC1V £475,000 (Leasehold)
Benefitting from its proximity to Shoreditch, Islington and The City, this studio apartment is well served by local transport links including Old Street Station, Barbican and Angel.
The apartment itself is located on the 12th floor with views of the London skyline. Key features include a high specification kitchen and bathroom, generous storage and private balcony. Stand out features of the development include the gym, swimming pool, spa and roof top bar. The development also benefits from separate lounge and cinema rooms and a 24-hour concierge service.
If you’d like to book a viewing, contact us here.
St John’s Wood
St John’s Wood, known for its leafy streets and village-like atmosphere, offers a tranquil retreat from the city’s hustle and bustle. It’s a locale that boasts both charm and convenience, making it a prime spot for those in search of a serene London lifestyle.
One bedroom flat for sale in Blenheim Terrace, St Johns Wood NW8 Offers in excess of £400,000 (Leasehold)
This charming one-bedroom apartment is situated on the first floor of a quiet street and offers generous ceiling heights, airy spaces and an abundance of natural light.
If you’d like to book a viewing, contact us here.
Rotherhithe
Rotherhithe, with its maritime heritage and dockside charm, provides a peaceful waterside setting. The neighbourhood is perfect for those looking for a blend of historical character and modern living.
One bedroom apartment for sale in New Caledonian Wharf, Rotherhithe SE1 Offers in excess of £350,000 (Leasehold)
Located within a sought after portered development on the banks of the Thames, this bright one-bedroom apartment is positioned on the fourth floor and has a large reception room with private balcony overlooking the river towards Canary Wharf. New Caledonian Wharf is an impressive development with onsite porter and residents’ gym and swimming pool with views of the Thames. The location is serene but also highly convenient as Canada Water (Overground and Jubilee line) is within easy reach, in addition to good bus routes into the City.
If you’d like to book a viewing, contact us here.
Need help with your search? We’ll help you find the home you love. Contact our local sales & lettings experts today and register to receive tailored property alerts.
Are you thinking of letting or selling your property? Book a valuation here.
© Cluttons LLP. 2024. This publication is the sole property of Cluttons LLP. and must not be copied, reproduced, or transmitted in any form or by any means, either in whole or in part, without the prior written consent of Cluttons LLP. The information contained in this publication has been obtained from sources generally regarded to be reliable. However, no representation is made, or warranty given, in respect of the accuracy of this information. We would like to be informed of any inaccuracies so that we may correct them. Cluttons LLP does not accept any liability in negligence or otherwise for any loss or damage suffered by any party resulting from reliance on this publication. We strongly recommend that you always seek advice and presentation from a suitable qualified professional on any matter.
Before you go…
Navigating uncertain times: why landlords should consider a joint sales & rental valuation
Property of the month: Iconic south west London gem in idyllic riverside setting
Mobile connectivity roll-out challenges – planning, investment, and awareness
As part of our latest research series ‘Connecting today for tomorrow’ we have been talking to experts across the sector about the importance of digital connectivity starting with Gareth Elliott, head of policy and communications at Mobile UK.London neighbourhoods: Islington Green vs Newington Green
Nestled in the heart of North London lie two desirable enclaves, Islington Green and Newington Green. Around two miles apart at opposite ends of Essex Road, each spot has its own character and charm, vying for the attention of discerning buyers and tenants alike. Here, our property experts examine what makes each Green a desirable postcode for choosing your next home.5 Pied-à-terres in London: the ideal second home
Pied-à-terres can offer a slice of serenity and convenience for those seeking a second home in London. Here we delve into what a pied-à-terre actually is and take a look round 5 properties in London that would make ideal second homes.Election watch: UK property & infrastructure
Housing will be a key issue for the main political parties in the run up to the General Election, with a YouGov poll on April 1st showing it is the fourth most important issue for voters, after immigration, health and the economy.London neighbourhoods: Wapping vs Shad Thames
Embarking on a quest to find the perfect London neighbourhood to call home can be as thrilling as it is daunting. For those drawn to the charm of riverside living, the adjacent enclaves of Wapping and Shad Thames present a compelling case. This article delves into the unique allure of each area, offering insights for those considering them as a residential or investment haven.Market Focus: London’s property market Spring 2024
As we head into Spring, find out what’s been happening in the London housing market and explore the property trends affecting Hyde Park, Shad Thames and Wapping & Limehouse.The sky’s the limit: 4 London penthouses for sale
In the heart of London, where the skyline is as dynamic as its history, the allure of penthouse living is unmatched, particularly when it comes to those that grace the banks of the River Thames.Alpine ski retreats: Winter homes in Menthon Saint Bernard & Veyrier Du Lac
As the ski season is well underway in the French Alps, the quaint towns of Menthon Saint Bernard and Veyrier Du Lac become the backdrop for a British escape.Rooftops ready for Rudolph: 3 homes primed for Santa’s London landing
In the hustle and bustle of the festive season, one important question that may slip your mind is, “Where is Santa and his fleet of reindeer going to land?”Top 10 ways to increase the sustainability & value of your home
Cluttons has spotted a huge surge in searches for “sustainable home trends”, with the term having 150% increase over the past year, this increase mirrors the ongoing discussions about how we all need to start taking more responsibility for the environment.How often do you think of the roman empire…and its influence on London architecture?
With searches for “Roman Empire” reaching a 10 year high this month in the US, most likely due to this viral TikTok trend, it got us thinking…what influence did the Roman Empire have on London Architecture?Pumpkin Spice & all things nice – 5 interior trends for Autumn
Autumn brings with it a rich tapestry of design trends destined to transform Central London’s residential landscape.Barbie goes to…the Algarve? 3 properties that’ll have you tickled pink
With the world still crawling with ‘Barbie Fever’ as the film topped $1 billion at the global box office, could a pink property be your new dream house?Return of the pied-à-terre: 7 properties available to buy or rent now
In our recent blog article, Cluttons’ James Hyman highlighted that a return of the pied-à-terre purchaser was beginning to fill the first-time-buyer-shaped hole in demand felt across London since June.5 post-pandemic trends shaping the Central London sales & lettings market
The COVID-19 pandemic led to dramatic changes in how we live and work and has had a huge impact on the UK housing market.RNLI Porsche 911 Challenge team successfully drives to all 51 RNLI lifeboat stations in just 9.11 days
Cluttons is delighted to have supported this this year’s RNLI-911 Challenge in aid of the Royal National Lifeboat Institution.Cluttons launches remaining 11 units at iconic former BBC TV Centre
The hugely successful scheme has just released the last 11 units of a total of 432 new homes. The Crescent and The Helios are collections of new apartments and penthouses that offer the rare opportunity to live in a listed mid-century modern masterpiece in a fantastic West London location.Top tips for first-time home buyers
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Etiam feugiat quam ipsum, et ullamcorper tellus fringilla acorem ipsum dolor sit amet, consectetur.Portugal’s Golden opportunity
Following the UK’s departure from the EU, Cluttons’ Portugal have seen a spike in interest from UK citizens looking to take advantage of the country’s popular Golden Visa.International virtual tour: Campo de Ourique, Lisbon
Allow us to set the scene; you’ve had a long day exploring the local delights. You arrive home to your beautiful villa and head straight up to the balcony to relax with a chilled glass of Porto wine.Is your home at risk of flooding?
Flooding can be devastating; it can destroy properties and within it, precious possessions and memories. At the end of last year, the Environment Agency shared that at any given time 5.2 million homes and businesses are at risk of flooding across England.Connectivity: how big an impact will it have on residential property transactions in 2021?
Whilst good connectivity has always been a factor in the property decision-making process (no one wants their streaming to be interrupted by constant buffering), it is becoming increasingly important to home hunters in the UK.A home from home: working from abroad
Has lockdown made you consider working from abroad?8 tips for new landlords
Cluttons’ Tower Bridge and Islington lettings expert, Chris Morris, shares his top tips for those who are thinking of renting out their properties6 tips for selling your property quickly in the current climate
Do you want to be in your new home by Christmas or the New Year? James Hyman, head of residential sales at Cluttons, gives his advice to sellers wanting to speed up the sales process of their property.Property of the month: peek inside this five storey riverfront house for sale in Rotherhithe for £1.75m
Join us as we peek inside a charming riverfront home in Rotherhithe Village, with extensive outside spaces and inimitable views of the Thames and some of London’s most famous landmarks.Bankside buzz is drawing in investors
Bankside has it all – a central location, growing transport links, a lively cultural scene and a burgeoning reputation as a business hub, making it a safe bet when investing in property.Royal-tea: tour Queen Elizabeth’s 1949 Maltese home from the comfort of your couch
Cluttons’ Maltese associate partner, Dhalia, has collaborated with Heritage Malta to grant exclusive access to some of the country’s most awe-inspiring locations.