£110,000
Modern Three Bedroom Maisonette in Great Location with Private Balcony and Allocated Parking.
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
Shared Ownership
Full Market Value: £440,000
Share Value (25%): £110,000
Monthly Rent: £634.19
Service Charge: £347.89
Annual Ground Rent n/a
Council Tax Band: D
990 year lease commenced January 2022 - 985 years remaining
EWS1 - Guidance from the Royal Institute of Chartered Surveyors (RICS) along with government guidance, means that an EWS1 form should not be required for this property. However, we cannot guarantee that Mortgage lenders, brokers and valuers are utilising the same criteria and a lender may request an EWS1 for this property. Please request advice from a mortgage broker when applying for a mortgage.
L&Q welcomes you to view this three bedroom, maisonette.
This is a lovely modern spacious three bedroom maisonette in the Marleigh Park Development in Cambridge. The property is full of natrual light. The kitchen/diner is modern with white gloss units and wood effect worktops. There is also the benefit of integrated appliances. There is ample room for a dining room table. There is the use of a utility cupboard, large store cupboard and downstairs toilet. The living area on the 1st floor is modern and leads onto the private balcony which is good for relaxing and entertaining.There are three good sized bedrooms. Two have fitted wardrobes. The family bathroom is modern with lovely tiling and a white three piece suite with shower over bath. Access to communcal podium garden, bike storage room and bin store. Additional there is your own entrance and allocated parking spaces in covered gated carpark.
Marleigh Park Development with growing community with on site community centre, Co op supermaket, primary school, nursery, italian cafe, pilates studio and beauty room. Less than 5 minute walk to Newmarket Road Park & Ride with buses into Cambridge City Centre in 15 minutes. 5 minute walk to M&S Food BP garage. Cycle paths around the development, into town, to Cambridge North Station and Science Park.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £55,147. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of January 2026.
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