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Latimer at Marleigh

Marleigh, Cambridge, CB5
Prices From £168,300

Description

*** £2,000 Deposit Boost Available on all remaining homes^ ***

Nestled just three miles from the heart of historic Cambridge, Latimer at Marleigh offers a wonderful opportunity to own a home through Shared Ownership in one of the city’s most exciting new neighbourhoods. Thoughtfully designed and beautifully built, this vibrant community is perfect for individuals, couples, and families looking to settle down and grow.

Surrounded by 57 acres of green space, this new neighbourhood offers room to breathe, relax, and explore. With plans for a new primary school, shops, and community facilities right on your doorstep, everything you need is close at hand.

Situated in East Cambridge, Latimer at Marleigh is part of a major regeneration that’s already transforming the area into a vibrant, well connected hub. For commuters and city explorers, excellent transport links make getting around easy:

• Cambridge North Station is less than 10 minutes by car, offering direct trains to London and beyond.
• Quick access to the A14 and M11 ensures easy road connections across the region.
• Regular bus routes link Marleigh with Cambridge city centre, the Science Park, and Addenbrooke’s Hospital.

The neighbourhood is also perfectly placed for enjoying the best of Cambridge. Stroll or cycle to the historic city centre, where cobbled streets lead to world-renowned colleges, riverside walks, charming cafés, and an eclectic mix of shops and restaurants.

Approximate Service Charges: £22.07 pcm*
Shared Ownership Lease: 990 years
Council Tax Band: TBC

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Marleigh Park advertised shares start from 33% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

^ terms and conditions apply - please speak to a sales advisor for more information

Development Features

Brand new Shared Ownership homes

Open plan living

Two double bedrooms

Parking

Garden

Excellent travel links

Latimer at Marleigh
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