New Shared Ownership Homes At Cambridge Development

Creating an affordable route to homeownership in Cambridge, L&Q is launching a new collection of seven two- and three-bedroom Shared Ownership houses at L&Q at Marleigh on 24 September, in an increasingly popular and in-demand area, especially for first-time buyers.

L&Q is supporting buyers and reducing the financial barriers for hopeful purchasers looking to step onto the property ladder in Cambridge. Deposits for L&Q’s Shared Ownership homes at L&Q at Marleigh start from just £13,500, which is significantly lower than the requirements for buying on the open market.

Located just a seven-minute drive from the shops, restaurants and entertainment venues of Cambridge city centre’s historic streets, whilst still within easy reach of boundless countryside, L&Q at Marleigh is perfectly situated for buyers seeking the best of both worlds. Catering for families, the Marleigh Primary Academy will open this September, providing 420 primary school and 52 nursery places. Meanwhile, the newly renamed Jubilee Square offers an array of amenities for residents to easily access on site. As well as the school, the square will soon be home to Monkey Puzzle nursery, a Co-op supermarket, which will also open in September, and The Hangar, a dedicated community hall which will become a central part of the community.

Claire Brenlund, sales and marketing director at L&Q, comments: “Property prices in Cambridge have experienced one of the fastest paces of growth in recent years, and we have seen in influx in interest from buyers seeking affordable homes that are well-connected to local amenities as well as within proximity to green spaces.

L&Q at Marleigh has been designed with the growing community in mind, offering four local supermarkets close to home, plus playparks and a new central hub - Jubilee Square, where neighbours can get together. With the new school opening this September, the new launch of two- and three-bedroom houses is a fantastic opportunity for families to step onto the property ladder at the development.”

All homes at L&Q at Marleigh have a fully inclusive specification throughout, including contemporary Symphony kitchens with soft close doors and drawers and integrated appliances. Bathrooms feature a chrome-plated bath, shower and basin taps and modern white sanitary-ware. Delivering sought-after private outdoor space, all homes have a turfed garden, complete with a shed and paving. All homes come with allocated parking.

Easily accessible via park and ride, which is located next to the development, the charming, cobbled streets of Cambridge beckon to be explored. Home to an array of eating, leisure and cultural venues, the city’s streets are a living museum of history, with the likes of The Fitzwilliam Museum and Kettle’s Yard showing the best of contemporary art, as well as the Arts Theatre which is renowned for impressive drama productions. One of Cambridge’s most vibrant destinations, Mill Road is a mile long stretch of independent cafés, quirky shops and international restaurants, whilst those who like to stay active can take a punt down the River Cam or use the swimming pool and fitness facilities at the local Nuffield Health centre.

L&Q at Marleigh benefits from being situated within easy access of some of the area’s most beautiful green areas.  The green spaces of Stourbridge Commons and Ditton Meadows are a favourite spot with locals for walking and picnics, with many more parks such as Jesus Green and Parker’s Piece scattered across the city.

Ideal for commuters, Cambridge train station offers frequent services, including routes into London King’s Cross in under 50 minutes and Liverpool Street in just over an hour. L&Q at Marleigh is also ideally located for handy access to the A14 and M11, making getting around by car just as easy. With Cambridge on the doorstep, residents have 80 miles of designated cycle lanes and routes to enjoy, perfect for exploring the city or commuting to work.

Shared Ownership prices start from £132,000 for a 30% share of a two-bedroom house (FMV: £440,000) and £150,000 for a 30% share of a three-bedroom house (FMV: £500,000).

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