Cambridge has been named as the second most expensive city in the UK to buy property in, with local properties on the market selling at an average price of £465,000 this year.
Answering the call for affordably priced homes in the area, L&Q will launch a new collection of two-bedroom apartments at L&Q at Darwin Green on 21st October.
L&Q’s new collection of Shared Ownership apartments presents an opportunity for a range of buyers, including solo purchasers, professionals and young families, to secure a home in this property hotspot. Enviably located, this desirable and leafy neighbourhood is just a six-minute drive from the shops, restaurants and entertainment of Cambridge city centre’s charming and historic streets.
Delivering further convenience for residents, a new health centre, library and community centre are coming soon to the development, with schools, shops and sports facilities planned for the future.
Claire Brenlund, Sales and Marketing Director at L&Q, comments, “It’s clear that steady property price rises over the last few years in Cambridge and the surrounding areas have been pricing first-time buyers and young couples out of the market. Offering deposits from as low as 10%, the Shared Ownership scheme provides hopeful purchasers with a genuinely affordable route onto the property ladder.”
“Close to London, yet with the great outdoors and vibrant centre of Cambridge on the doorstep, our new homes at L&Q at Darwin Green offer a fantastic chance for first-time buyers to access affordably priced homes in a great location, within easy reach of speedy transport links and plenty of green spaces.”
Each apartment at L&Q at Darwin Green will feature a fully inclusive specification, covered by L&Q’s Newbuild Quality Standard Promise which guarantees premium fixtures, fittings and finishes without hidden additional costs. Stylish contemporary kitchens are complete with integrated appliances including an oven, hob, fridge/freezer and washing machine. Bathrooms are fitted with modern white sanitaryware whilst main bedrooms benefit from all-important storage space in the form of a built-in wardrobe. All the apartments in the new launch benefit from private outdoor space and allocated parking.
Easily reached on foot or in just over 10-minutes by bike, Cambridge city centre offers something for everyone. The city’s multi-national population makes for an eclectic mix of food and drink destinations, while the shopping scene features big high street names alongside one-of-a-kind boutiques. Running through the heart of the city is the famous River Cam. On its banks locals can enjoy everything from quiet walks and off-the-beaten- track running trails, to bustling beer gardens to restaurant terraces with a view. The green open spaces of Parker’s Piece are popular for sport and summer picnics, while the Botanic Gardens offer a lush oasis in the heart of the city.
With 80 miles of designated lanes and routes in Cambridge, residents at L&Q at Darwin Green benefit from easy access to Cambridge’s extensive network of cycle routes and are just a 17-minute cycle to the train station. Ideally located for capital commuters, frequent train services run from nearby Cambridge train station into London King’s Cross in under 50 minutes, and Liverpool Street in just over an hour. For shorter journeys closer to home, the main road outside the development offers a regular bus service into Cambridge city centre. The M11 is accessible in just 7-minutes by car, connecting locals to major cities close by. The charming nearby towns of Bury St Edmunds and Peterborough are 43 and 47-minutes away by car, respectively.
Shared Ownership prices for the new launch start from £87,500 for a 25% share of a two-bedroom apartment (full market value: £350,500).
To register your interest, please visit: https://lqhomes.com/darwingreen/.
