Parkhaus

Looking for an Affordable New Build Under £700,000? Discover Parkhaus

Parkhaus is an exciting new residential development in Clapton, London, delivered by Union Developments. Currently completed, the project is ready for you to move into, with homes priced from £585,000. This offers excellent value for those looking to buy property in London under 700k.

Located at 1A Downs Road, London E5 8QJ, this development comprises 79 thoughtfully designed units, maximising space and comfort. Unit sizes range from 49.98 to 86.03 square metres, catering to various preferences and lifestyles.

Who Should Buy 1 Bedroom, 2 Bedroom, and 3 Bedroom Apartments in Clapton?

If you're a first-time buyer exploring affordable homes for sale in London below 700000, Parkhaus is tailored for you. This new build project features a mix of 1 to 3-bedroom apartments, offering great value for modern city living. With a starting price of just £585,000, it’s ideal for those seeking a stylish yet affordable entry into the market.

Whether you're attracted to the price point or the lifestyle perks, this project stands out in East London. New builds for sale in London under £700,000 rarely offer such high-spec interiors and amenities at this value. With the current status marked as completed and ready for handover, buyers can take advantage of tailored payment plans and early mortgage approvals. If you're budget-conscious but refuse to compromise on quality, Parkhaus is built for you.

Are you an international buyer from the Middle East, Asia, or beyond? Good news: foreign nationals can buy property in London without restrictions. All units in Parkhaus come with Freehold ownership, providing full property rights and long-term security.

For investors, Parkhaus presents excellent potential as a buy to let under £700,000, with projected high rental yields and growing demand for rental property London below 700k. Whether you’re looking for an investment property London under 700k or a freehold house London under 700k in a prime location like Clapton, this project offers long-term capital growth and reliable income. Combine that with flexible mortgage options and proximity to key stations like Clapton, Dalston Junction, and Dalston Kingsland, and you have a compelling choice for investing in London.

Not Sure If This Is the Right Property for You?

Buying property in London can be complex, from legal requirements and financing to spotting the real value behind glossy brochures. Not every “advisor” out there has your best interests at heart.

At Entralon, we offer commission-free guidance backed by data, not pressure or sales tactics. Whether you’re comparing multiple homes or wondering if Parkhaus truly fits your needs, we’re here to help you make the smartest move for your future.

Fill out the Form for a personalised shortlist and honest answers to all your questions. Let’s simplify your buying journey together.

What’s It Like Living in Parkhaus, a New Build Home in Zone 2 Under £700k?

Step inside your new home at Parkhaus, and you’ll find bright, open-plan interiors with balconies, chill-out spaces, and educational options nearby. Whether it's a 1-bedroom apartment or a compact 2-bedroom or 3-bedroom unit in London under 700k, each residence is designed for comfort, functionality, and style. Sleek kitchens, energy-efficient appliances, and private balconies offer the perfect urban sanctuary for city living.

Life at Parkhaus means more than just owning a property; it’s about being part of a connected, vibrant neighbourhood in Clapton, London. Whether you're sipping coffee at local cafés, enjoying riverside walks, or commuting easily via Clapton, Dalston Junction, and Dalston Kingsland, this is one of the best London homes under 700k for smart, city-focused buyers.

These new builds under £700,000 blend contemporary living with local charm. From morning jogs in nearby parks to weekend markets and hidden eateries, living in East London offers the balance of lifestyle and convenience that first-time buyers and buy-to-let investors are looking for.

Want Photos, Videos, or a Personal Walkthrough?

We understand that buying a home is a significant decision, and sometimes, what you really need is to see more than just the brochure. Fill out the Form to request exclusive photos, virtual tours, floor plans, and detailed specifications for Parkhaus. Our team is here to give you the full picture.