3 bed flat for sale

Mill Place, Micheldever Station, Winchester SO21

Shared Ownership

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

eligibility

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 40% 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’.