Flats for Sale in London Under £100K – Affordable Housing Options

London’s property market is one of the most expensive in the world, making it difficult for buyers to find flats priced under £100,000. However, while options are limited, affordable housing opportunities do exist—primarily through shared ownership schemes, auction properties, and fixer-upper homes. If you're looking to buy a property in London on a budget, this guide will help you explore potential opportunities.

Is It Possible to Buy a Flat in London for Under £100K?

In February 2025, the average price of a flat in London far exceeds £100K. However, some types of properties can still be found within this budget, including:

• Shared ownership properties – You purchase a percentage of the home (typically 25%-75%) and pay rent on the remaining share.
• Auction properties – Homes listed at low guide prices, though final sale prices may be higher.
• Flats with short leases – These are priced lower but require additional costs to extend the lease.
• Fixer-upper properties – Homes that require significant renovation, often sold at lower prices.

Where to Find Flats Under £100K in London?

While central London is out of reach within this budget, buyers may find properties in outer London boroughs or through alternative schemes. Here are some recent listings:

1. Shared Ownership Flats

Shared ownership allows buyers to purchase a percentage of a property (e.g., 25%-50%) while paying rent on the remainder. This makes homeownership more affordable in high-cost areas.