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£106,250
Semi detached home on the Marleigh Park development
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.
SHARED OWNERSHIP
Full Market Value: £425,000
Share Value (25%): £106,250
Monthly Rent: £880.82
Service Charge: £94.89
Council Tax Band: C
999 year lease commenced January 2016 - 988 years remaining
The ground floor of this bright and spacious, double fronted, semi-detached house, consists of a stylish, dual aspect semi open-plan kitchen and living area, flooded with natural light. The kitchen is fitted with high gloss white wall and base units and a wood effect worktop. It also benefits from integrated appliances including a fridge freezer, oven, hob and extractor fan. There is also a downstairs cloakroom/WC. The garden is laid mainly to lawn with a patio area and shed. It also provides side access to your parking space. On the first floor find two generous double bedrooms with bespoke fitted wardrobes. The contemporary bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround.
The Marleigh Park Development has on site community centre, Co op supermaket, primary school, nursery, italian cafe, pilates studio and beauty room. It is just a few minutes walk to Newmarket Road Park & Ride with buses into Cambridge City Centre in 15 minutes. It is also just minutes from an M&S Food BP garage. Cycle paths around the development, into town, to Cambridge North Station and Science Park.
Cambridge is regularly voted one of the best places in Britain to live and work. The open green spaces of Stourbridge Commons and Ditton Meadows are a favourite spot with locals for walking and summer picnics, with many more parks scattered around the city. The city has an eclectic mix of food and drink destinations, while Cambridge's shopping scene takes in the big High Street names and one-of-a-kind boutiques.
Frequent train services take commuters working in London to King's Cross in under 50 minutes, and Liverpool Street in just over an hour. Handy access to the A14 and M11 makes getting around by car just as easy. Those who'd rather travel by bike are well taken care of, with a choice of cycle routes. Cycle paths around the development will take you into town, to Cambridge North Station and the Science Park. The airport is just a few minutes in the car with Stanstead and Luton accessible in under an hour.
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 £54,229. 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 March 2026.
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