Affordable homes for first-time buyers and young families with L&Q at Marleigh
On 24 April, the highly anticipated Shared Ownership homes will be launching at L&Q at Marleigh. The coveted east Cambridge Marleigh development formerly known as Wing, on Newmarket Road, will bring forward a vibrant community of 1,300 new homes, supported by new amenities including a primary and nursery schools, a variety of outdoor spaces and parks with a new cycle and walking routes making this a unique opportunity for local people to get onto the property ladder with L&Q.
L&Q at Marleigh is a collection of 1, 2 and 3-bedroom apartments and 2, 3 and 4-bedroom houses with our first phase of 2 and 4 bedroom homes launching on the weekend of 24/25 April. Prices for these brand new homes will start at £96,250 for a 25% share of a two bedroom house and £127,500 for a 25% share of a four bedroom house.
All homes at L&Q at Marleigh will provide generous internal layouts perfect for modern day living. From open-plan or traditional 2 bedroom houses to 4 bedroom townhouses, this contemporary collection will provide additional space and versatile rooms, ideal for growing families. All homes are inclusive of flooring, white goods and integrated appliances at no additional cost.
Shared Ownership is designed to help first time buyers who may feel priced out of the market onto the housing ladder. The purchaser buys a share in the property, usually at least 25% – renting the share they do not own at a subsidised rate.
Buying through Shared Ownership often allows first time buyers to get onto the ladder with a smaller deposit than would be required if they were buying on the open market – from as little as 5% of the share being purchased. Minimum deposits at L&Q at Marleigh start from £4,813 for a 25% share of a two-bedroom house.
L&Q at Marleigh Shared Ownership prices start from £96,250 for a 25% share of a two-bedroom house (FMV; £385,000), and £127,500 for a 25% share of a four-bedroom house (FMV: £510,000). Local eligibility restrictions apply.
Register interest at lqhomes.com/Cambridge , or contact our sales team on 0333 003 2367.