As Peterborough property prices rise by 25% over five years, a new shared ownership scheme at Haddon Peake, near Yaxley, is offering a lifeline to first-time buyers priced out of the market.
The homes, available through Home Reach in partnership with Bovis Homes, form part of the wider Great Haddon Wood regeneration – an ambitious new community that will eventually deliver 5,350 homes, three primary schools, a secondary school, and a new district centre.
Haddon Peake offers a mix of two-, three- and four-bedroom houses through Home Reach, one of the UK’s largest shared ownership providers.
The scheme enables buyers to purchase between 10% and 75% of a property and pay rent on the remainder, with the option to increase their ownership over time through staircasing.
LOCATION, LOCATION, LOCATION
Melissa Toomey, Director of Sales for Home Reach, says: “At Home Reach, we recognise how important location is to buyers. That’s why we’re excited to introduce our scheme at Haddon Peake – a well-connected community where the need for affordable housing is clear.
“Shared Ownership offers a practical solution, helping more people take that first step onto the property ladder in an area they love.”
MODERN FEATURES
Designed with a blend of traditional style and modern features, homes at Haddon Peake include open-plan layouts, fitted kitchens, en suite master bedrooms, high ceilings, and large windows to maximise natural light. All house types come with rear gardens and two parking spaces.
Situated on the edge of the historic village of Yaxley, the development offers access to green space and strong local amenities. Ferry Meadows and Crown Lakes country parks are close by, while Main Street in Yaxley provides a range of pubs and restaurants. Family attractions including Sacrewell Farm and Yaxley Football Club are also within easy reach.
Haddon Peake is well served by education options, with several local schools rated ‘Good’ by Ofsted, and benefits from strong transport links.
The A1 is nearby and Peterborough Station offers direct trains to London King’s Cross in under an hour, with Cambridge, Birmingham and Stansted Airport also accessible in under two hours.
Prices start from £116,000 for a 40% share of a three-bedroom home (full market value: £290,000), with deposits from just £5,800 — positioning Haddon Peake as one of the most accessible routes to homeownership in the region.
