Cambridge is widely considered a key growth area for many industries across the UK, with employment in Cambridge strong and significantly impacting population growth and residential property prices. * The average price paid by first-time buyers for a home was £420,000 in April 2024, 5.2% higher the previous year. **
Catering to the increased number of young budding buyers moving to the city for education and job opportunities, L&Q has just announced the launch of one- and two-bedroom Shared Ownership apartments at L&Q at Marleigh on 26th October. The charming new neighbourhood is conveniently situated just three miles from the city centre, surrounded by green spaces and benefiting from an array of onsite amenities.
Claire Brenlund, Sales and Marketing Director at L&Q, comments, “Cambridge is one of the UK’s fastest growing areas, with ambitious plans for innovative commercial growth and new infrastructure. Amidst this boom, L&Q is ensuring that housing affordability is prioritised alongside this expansion.”
“Our new launch of Shared Ownership apartments at L&Q at Marleigh responds to the growing demand for young professional homes in Cambridge, providing buyers the chance to purchase a share of a property in a well-connected and thriving new community.”
Each brand-new apartment at L&Q at Marleigh is complete with sleek, fully equipped fitted kitchens and bathrooms, and bright living spaces designed for getting together. Stylish Symphony kitchens feature laminate worktops with matching upstand, as well as integrated appliances, including an oven, dishwasher, washing machine and fridge-freezer. All homes are covered by NHBC warranty, complete with private outdoor space and allocated parking.
Bringing convenience to a green new development, L&Q at Marleigh offers a wealth of facilities for residents on the doorstep. A short walk away, the range of onsite amenities currently situated at Jubilee Square includes the Marleigh Community Centre, which hosts a variety of weekly activities including yoga and badminton, R3from Pilates studio, the Marleigh Academy Primary School and a Monkey Puzzle Day Nursery. An Italian deli and a Co-op Supermarket are also open onsite.
L&Q’s new collection of Shared Ownership homes at Marleigh offer a desirable, best-of-both-worlds location just minutes from the shops, food and drink and entertainment of Cambridge’s charming and historic streets. One of the city’s most vibrant destinations, Mill Road is a mile long stretch of independent cafés, quirky shops and international restaurants. The Arts Theatre is renowned for its impressive drama productions, whilst retail options are in abundance at the Grand Arcade shopping centre, with plenty more on nearby St. Andrew’s Street.
For young professionals looking to stay active through a busy working week, Cambridge has plenty of sports and wellness facilities and local green spaces. As well as Marleigh’s own sports provisions, Nuffield Health Cambridge Fitness & Wellbeing Gym offers dedicated training areas, classes and versatile equipment for all fitness levels, with swimming pool and spa facilities. This modern club also boasts a state-of-the-art Technogym. Stourbridge Commons and Ditton Meadows are favourite spots with locals for walking, with many more parks peppered throughout Cambridge including Parker’s Piece and Midsummer Common. The city’s famous River Cam offers a variety of ways to unwind, with a leisurely punt or a stroll along its leafy banks, passing by beautiful historic buildings and famous colleges.
Well-connected via road and rail, L&Q at Marleigh residents are just a short drive, or cycle, from Cambridge North and Cambridge Stations. Frequent train services take commuters working in London to King’s Cross in under 50 minutes, and Liverpool Street in just over an hour. The development also benefits from handy access to the A14 and M11, which makes getting around by car just as easy. For shorter journeys closer to home, Cambridge’s Park & Ride bus service can be found on nearby Newmarket Road for trips to the city centre and The Grafton shopping centre, stopping at retail parks and Cambridge FC on its way. A well-known cycle city, Cambridge also has 80 miles of designated bike lanes and routes, meaning cyclists enjoy easy and swift travel throughout the city.
Shared Ownership prices for the new launch start from £75,000 for a 25% share of a one-bedroom apartment (FMV: £300,000) and £96,875 for a 25% share of a two-bedroom apartment (FMV: £387,500).
For more information, please visit: https://lqhomes.com/marleigh/