3 bedroom house for sale
Plot 186, Newmarket Road, CB5 8AA
Share percentage 30%, full price £532,500, £15,975 Min Deposit.
Share percentage 30%, full price £532,500, £15,975 Min Deposit.
Monthly Cost: £1,725
Rent £854,
Service charge £52,
Mortgage £819*
Calculated using a representative rate of 4.74%
Calculate estimated monthly costs
Summary
Ready to move into now -reserve in June and receive £2,000 towards your legal fees*! Register your interest to request a viewing!
Description
Ready to move into now -reserve in June and receive £2,000 towards your legal fees*! Register your interest to request a viewing!
Full market value £532,500. Prices start from £159,750 for a 30% share.
Plot 186
Full purchase price: £532,500
* Minimum 30% share value: £159,750
* Minimum deposit: £15,975
* Rent pcm*: £854
Kitchen /Dining: 4.32m x 3.17m 14' 2" x 10' 4"
Living Room: 3.68m x 6.10m 12' 1" x 20' 0"
Bedroom 1: 4.18m x 3.13m 13' 7" x 10' 3"
Bedroom 2: 3.82m x 3.13m 12' 5" x 10' 3"
Bedroom 3: 2.98m x 2.85m 9' 8" x 9' 4"
Total Internal Area: 99.1 m2 1,066 ft 2
L&Q at Marleigh will offer a collection of 1, 2 & 3 bedroom apartments and 2, 3 & 4 bedroom houses in the beautiful sought after city of Cambridge. This brand new development is situated just under 3 miles from the city centre, meaning residents are close to local amenities whilst surrounded by open green spaces to enjoy.
Available exclusively through L&Q’s popular Shared Ownership scheme, these properties are perfect for first time buyers and growing families. All of the Shared Ownership homes will be finished to a great specification throughout with contemporary new kitchens and bathrooms and allocated parking spaces with every home.
About the development
L&Q at Marleigh is perfectly located close to a variety of transport links. The development is situated just a 10 minute cycle away from Cambridge train station with routes into the heart of London taking under an hour*, making it perfectly placed for commuters. For road users, the A14 and M11 are easy accessible leading to the major road networks across the country.
When it comes to leisure and entertainment, the city of Cambridge provides a diverse offering to keep locals entertained. The city provides punting on the River Cam, scenic walks around Cambridge University’s Botanic Garden and an excellent network of cycle paths in and around the city.
What’s more, Marleigh is set to provide residents with a primary school, sports pitches, a community centre, a market square, as well as green open spaces, public parks, woodland walks and allotments gardens. The community will have everything they need for daily life right on their doorstep along with plenty of open space to enjoy, offering residents the best of both worlds.
Register your interest
Register your interest to be kept up to date with the latest information on the development.
Please note all applicants are required to register with L&Q for Shared Ownership.
*Images depict L&Q show home photography. Photos are for illustrative purposes only and may not represent a true likeness for the individual units being sold.
*Incentive terms and conditions apply. Offer ends 30th June 2023. For more information please visit L&Q's terms and conditions page.
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 30%, full price £532,500, £15,975 Min Deposit. Calculated using a representative rate of 4.74%