The best Shared Ownership properties in Cambridge

Shared Ownership is an increasingly popular way to get onto the property ladder, particularly in high demand locations where house prices can feel out of reach. The scheme allows buyers to purchase a share of a new build home (usually between 25% and 75%) and pay a reduced rent on the remaining portion.

This means lower deposits, smaller mortgages and a more affordable route into homeownership, with the option to buy further shares over time through a process known as Staircasing.

Cambridge is an excellent place to consider Shared Ownership. As one of the UK’s most desirable cities, it offers a strong economy driven by world leading universities, science parks and technology hubs, alongside a vibrant cultural scene and high quality of life.

However, this popularity also makes buying a home challenging for many first time buyers. Shared Ownership helps bridge that gap, making it possible to live in well connected neighbourhoods close to jobs, schools and green spaces without the upfront costs of full ownership.

In this article, we explore five Shared Ownership developments in and around Cambridge, showcasing the variety of homes available - from central apartments to spacious family houses in growing communities - helping buyers find an option that suits both their budget and lifestyle.

1. Phoenix - Shared Ownership, Cambridge



 


Phoenix is a contemporary Shared Ownership apartment scheme located on Newmarket Road, within easy walking distance of Cambridge city centre. It features a select collection of stylish homes including 1 bedroom apartments, a 2 bedroom apartment and two 2 bedroom duplexes, designed to suit professionals, couples and young families alike.

Each property boasts high spec interiors, modern kitchens and bathrooms and access to private outdoor space such as a balcony or winter garden, plus a beautifully landscaped communal garden. Situated close to key employment hubs, the University and local amenities, Phoenix offers convenience alongside quality living in a dynamic urban setting.

Shared Ownership options include a 50% share from around £185,000 (full market value circa £370,000), with additional share percentages available on request. This development is ideal for first time buyers seeking an affordable route into the Cambridge market.

2. Springstead Village - Shared Ownership, Cherry Hinton (Cambridge)

Springstead Village, in the Cherry Hinton area just under three miles from Cambridge city centre, offers a range of Shared Ownership homes in a vibrant new community. Developed in partnership with Bellway, this scheme includes 2 and 3 bedroom houses with share prices starting from approximately £127,500 for a 25% share (full market value £510,000).

The location combines accessibility to Cambridge’s amenities and transport links with a suburban setting benefitting from new local schools, shops and community facilities. These homes are designed to appeal to a wide range of buyers, including families and commuters, with modern layouts and quality finishes throughout.

Shared Ownership at Springstead Village provides an affordable entry point for those looking to settle near Cambridge while enjoying space and local community development. The area’s future growth and infrastructure improvements are additional draws for potential buyers.

Please note, Shared Ownership properties at Springstead Village are provided by Latimer Homes (part of Clarion Housing Group). These properties are not currently available on newhomesforsale.co.uk, please check back for future availability.

3. L&Q at Marleigh - Shared Ownership, Cambridge



 


L&Q at Marleigh is a Shared Ownership apartment development part of the wider Marleigh community, located about three miles east of Cambridge city centre. This phase focuses on two bedroom apartments available via Shared Ownership, with prices from around £98,125 for a 25% share of a home with a full market value of £392,500. Homes are finished to a high specification complete with contemporary kitchens and bathrooms and each benefits from allocated parking and outdoor space.

Marleigh itself offers a broad suite of amenities including a primary school, sports pitches, community centre and green open spaces, creating a supportive neighbourhood ambience.

Shared Ownership here is particularly suited to first time buyers or growing families looking for affordable accommodation near Cambridge without sacrificing quality or lifestyle. Incentives and offers may also be available through L&Q.

4. Stirling Fields - Shared Ownership, Northstowe (near Cambridge)

Stirling Fields is a Shared Ownership house development in Northstowe, a planned new town just minutes from Cambridge. This collection includes beautifully designed 3 and 4 bedroom homes set amidst green spaces, lakes and extensive cycle paths, ideal for families and professionals seeking a blend of countryside tranquillity and city proximity.

Prices start from around £100,000 for a 25% share (full market value £400,000), offering prospective buyers the chance to step onto the property ladder in a thriving new community.

Northstowe is designed with wellbeing and sustainability in mind, featuring existing nursery, primary and secondary schools plus excellent transport links to Cambridge. Stirling Fields promotes a balanced lifestyle with walkability, community integration and modern living standards. This development is appealing for those prioritising outdoor space, community amenities and future growth potential near Cambridge.

5. L&Q at Darwin Green - Shared Ownership, Cambridge



 


L&Q at Darwin Green brings Shared Ownership 2 and 3 bedroom homes to a well established community in Cambridge’s Darwin Green development. Properties start from around £130,000 for a 25% share with full market values ranging approximately between £425,000 to £545,000 depending on size and share chosen.

This development is designed to offer modern living with access to essential amenities such as local shops, schools and health facilities centred around Darwin Green’s community hub, plus extensive green open spaces like Central Park.

The development promotes sustainable travel with excellent cycle links throughout and frequent connections to Cambridge city centre. Homes are ready to move into and come with standard warranties. Shared Ownership at Darwin Green is suited to buyers seeking high quality family homes within easy reach of Cambridge’s employment and leisure opportunities.

Summary

Cambridge and its surrounding area features a diverse mix of Shared Ownership opportunities offering apartments and houses to suit different lifestyles and budgets.

From urban edge living at Phoenix and community focused homes at Marleigh and Darwin Green, to family oriented houses at Springstead Village and Stirling Fields, buyers have multiple pathways into homeownership near Cambridge.

These developments combine quality design with accessibility to schools, transport and green space, reflecting the range of Shared Ownership options in this dynamic region.