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Energy Efficient New Homes for First Time Buyers at Springstead Village in Cambridge

A new collection of shared ownership homes is now available at Springstead Village, the sustainable neighbourhood emerging in Cherry Hinton on the outskirts of Cambridge. This launch is the latest phase in the development of a thriving new village that will eventually provide 1,200 energy-efficient homes, delivered in a partnership between Latimer, the development arm of Clarion Housing Group, and five-star housebuilder Bellway.

Springstead Village is already proving popular among buyers looking for convenient, stylish living within easy reach of the centre of Cambridge. Bellway launched the first homes for outright sale in the autumn and currently have one and two-bedroom apartments to three and four-bedroom houses available, giving a range of options to suit different buyers. Latimer has now unveiled its first two and three bedroom homes available to buy with shared ownership, offering first-time buyers the opportunity to get onto the property ladder in a more affordable way.

Located just three miles from the heart of the historic city, Springstead Village is ideally situated for everything that Cambridge has to offer. The new community is planned with a wide variety of amenities on the doorstep that include proposals for new primary and secondary schools, space for shops, a health centre and community buildings. To create a welcoming and leafy environment, the buildings are set around public green spaces and landscaped areas including three neighbourhood parks.

All the high-specification new homes at Springstead Village are designed to create a greener standard of living, with future-proof eco-technologies that mean a lower carbon footprint. The homes are fitted with air-source heat pumps for more energy-efficient heating and EV charging points come as standard to encourage electric car usage. Coupled with superior insulation and intelligent design, the majority of properties are rated EPC A or B, meaning lower running costs for residents.

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Hannah Smart, Acting Regional Sales Director at Latimer by Clarion Housing Group, comments: “We are pleased to launch the first shared ownership homes at Springstead Village, and there will be many more opportunities to secure a home in this exciting new neighbourhood as it continues to take shape. Working in partnership with Bellway, we are creating an outstanding place to live where new homes and first-class amenities will set the tone for a vibrant and successful community. We look forward to seeing Springstead Village flourish now and in the future.”

The selection of two and three-bedroom houses currently available through Latimer’s shared ownership scheme feature sleek design finished with a full range of quality fixtures and fittings. Each home has an enclosed rear garden and off-street parking. Shared ownership offers an affordable route into homeownership for first time buyers, allowing them to purchase initial share of the property, between 10 to 75 per cent of its value, with as little as a five per cent deposit.

Cherry Hinton is an attractive suburb to the South-East of Cambridge’s centre with excellent travel links. A local bus stop provides direct connections into the city and there is easy access to city-wide cycle routes. Less than 15 minutes’ drive from Cambridge city centre, the development is also in close reach of the A11 and M11, and just half an hour from Stansted Airport. Springstead Village is well-served by local amenities, with a convenience store two minutes’ walk away, and a choice of supermarkets within a 10-minute drive.

Buyers will be able to purchase a 40% share of a two-bedroom detached house or a 35% share of a three-bedroom detached house, in the next phase of releases at Springstead Village.

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To find out more about Springstead Village and the shared ownership new homes available, visit:

https://www.latimerhomes.com/new-build-homes/cambridgeshire/cambridge/springstead-village

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