3 bedroom apartment for sale
Harvest Court, Mill Place, SO21 3FB
Share percentage 25%, full price £290,000, £3,625 Min Deposit.
Share percentage 25%, full price £290,000, £3,625 Min Deposit
Monthly Cost: £1,278
Rent £498,
Service charge £376,
Mortgage £404*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Harvest Court you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
** These photos are for information purposes only have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images. Furniture is not included in the purchase price and the apartment is ‘sold as seen’.
Summary
Harvest Court is a beautifully presented ground floor apartment
Description
Harvest Court is a beautifully presented ground floor apartment approaching 1000 SqFt of well-designed living space. The property features three generous bedrooms, including a principal bedroom with an en suite and built-in wardrobe, a modern kitchen, and a bright, expansive living/dining room. A stylish family bathroom and useful storage cupboards off the entrance hall add to the practicality of this impressive home. The flat also benefits from an allocated parking space.
Located in the quiet residential setting of Micheldever Station, the property offers excellent transport links, with direct trains to Winchester, Basingstoke, and London, making it ideal for commuters. Surrounded by picturesque Hampshire countryside, the area balances rural charm with convenient access to local amenities and road networks.
PRICING & AFFORDABILITY
Approximate Size 90 sq m
Full Market Value: £290,000
25% Share Price: £72,500 (rent £498.44pcm)
50% Share Price: £145,000 (rent £332.29pcm)
75% Share Price: £217,500 (rent £166.15pcm)
Minimum 5% Mortgage Deposit (25% share): £3,625
Approximate Service Charges: £376.48 pcm*
Approximate Ground rent: £35.83 pcm
Lease: approx. 108 years remaining
Key Features
Shared Ownership — Buy from 25%
Three-Bed Ground Floor Apartment
Nearly 1,000 sq. ft. of Living Space
Principal Bedroom with En Suite
Allocated Parking Space
Excellent Transport Links to London, Winchester & Basingstoke
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £290,000, £3,625 Min Deposit. Calculated using a representative rate of 5.03%
