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What you can buy with £400k in London

By Jan Moys

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Property buyers must always balance size, location and price, and usually need to compromise on one of these factors to find their dream home. Given a budget of £400,000, would you choose a four bedroom home in the suburbs, a one bedroom flat more central, or something in between? We look at ten options that offer something for everyone.

You can also search our available flats in London for sale here.

£400,000 | 4 bedroom house

Brixham Street, Docklands, E16

This spacious home is perfectly located for easy access to London City Airport and Canary Wharf. Set over three stories and boasting a private garden and driveway, the property also offers access to a large communal garden for additional outside space.

£400,000 | 3 bedroom house

Welbeck Road, Sutton, SM1

Presented to an excellent standard throughout, this three bedroom house offers generous living and entertainment space with a modern fitted kitchen. Located within close proximity to local schools, this home is great for families thanks to its private garden and off-street parking.

£375,000 | 3 bedroom maisonette

Dorking Close, Deptford, SE8

Deptford is an area currently enjoying significant revitalisation, with buzzing markets, bars and a flourishing cafe culture. Greenwich and Canada Water are also both within easy reach, making this three bedroom maisonette with private balcony a practical and appealing option.

£350,000 | 1 bedroom flat

Uxbridge Road, Shepherds Bush, W12

Situated on the third floor of a charming detached period house, this one bedroom flat includes a bright reception room with dual-aspect windows, and the bedroom is spacious with fitted wardrobes. Located close to the popular shops and cafes on Askew Road and within easy reach of swift transport links into central London.

£315,000 | 2 bedroom flat

Rye Hill Park, Peckham Rye, SE15

This third floor two bedroom flat boasts a private balcony with a verdant outlook, as well as convenient lift access and good storage throughout. The kitchen offers a modern interior and both bedrooms are generously-sized, with one including fitted wardrobes. The amenities of Peckham and Dulwich are also within easy reach.

£400,000 | 1 bed flat

Brixton Road, Brixton, SW9

Set within a new luxury development, this fabulous one bedroom apartment benefits from a generously-sized reception room, open-plan kitchen, and a bright double bedroom. Located on the first floor, this stunning flat is on the doorstep of the varied and highly appealing amenities of Brixton.

£389,995 | 2 bed flat

Leyland Road, Lee, SE12

This lovely two bedroom flat located on the lower ground floor of a period conversion property offers stylish interiors throughout. The reception room offers generous space to dine, and boasts access to a large communal garden. The local shops and transport links are close by and are easy to access.

£399,000 | 2 bed flat

London Road, Mitcham, CR4

This top floor flat is well presented throughout, with an en suite master bedroom and a large reception area with space to dine, as well as a large private balcony. The open plan kitchen offers integrated appliances and the second bedroom is spacious and chic.

£400,000 | 1 bed flat

Roach Road, Hackney Wick, E3

This stylish one bedroom flat includes a large open plan reception room, a modern kitchen with space to dine and a delightful private balcony. The property is ideally located within easy reach of Stratford's Queen Elizabeth Olympic Park and the ever-popular Victoria Park.

£375,000 | 1 bed flat

Marmara Apartments, Royal Docks, E16

This spacious one bedroom apartment is located on the 6th floor of a secure development with 24 hour concierge service and a communal gym. An appealing waterside property boasting a private balcony with views of the docks and providing easy access to the marina and local amenities.

Still looking? Check out these articles on flats for sale in London under 500k, 2 bed flats under 350k, and flats for sale in London under 300k. If you're hoping to use Help to Buy, check out these properties in our guide to buying a flat in London. Click here to see all our properties from £390-£420,000 and adjust your search by size, area, property type and more.

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