McCarthy Stone

Merchant Place

Retirement living in Southampton, Hampshire

Operated by McCarthy Stone

For sale or to rent
AddressSO31 9ZL
Guide price£310,000

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About

Merchant Place, operated by McCarthy Stone, is a retirement living development where properties are available to buy or rent. One-bedroom apartments start from £310,000 to purchase, with rental options from £3,655 per month. Shared ownership is also available. The service charge is £281 per month.

The development features design adapted for retirement living, with practical elements incorporated throughout the properties. A bus stop nearby provides access to Southampton town centre, Fareham and surrounding areas. Residents benefit from shared spaces and a community with regular social events.

What's nearby

GP surgery1.8 miles
A&E: Southampton General Hospital8.4 miles

Straight-line distances. A&E departments from the NHS website.

What’s in the area

Outdoor Spaces

  • AllotmentsSparse
  • Play SpaceLimited
  • Golf CourseLimited
  • Public ParkSparse
  • Tennis CourtSparse
  • Bowling GreenLimited
  • Playing FieldLimited

Local Amenities

  • Pubs & BarsAdequate
  • Restaurants & CafesSparse
  • Retail ShoppingSparse
  • SupermarketsSparse
  • TakeawaysLimited

Gallery

Care fee trajectory

Indicative weekly fee by year, against what Hampshire pays care homes.
YearCouncil rate (per week)
2024£1,203
2025£1,245

Local health safety net

Merchant Place is backed by a local NHS health network. The nearest A&E is Southampton General Hospital, 8.4 miles away. The local GP practice is LOCKSWOOD SURGERY, 1.8 miles away.

Nearest hospital · A&E
Southampton General Hospital · 8.4 mi
Nearest GP
LOCKSWOOD SURGERY · 1.8 mi

Nearest services from NHS ODS + postcodes.io + CQC, by straight-line distance.

Costs at a glance

TenureFor sale or to rent
Guide price£310,000

Figures are indicative and provided by the operator. Use the calculator below to estimate the long-term cost of ownership.

The real 10-year cost of a retirement flat

The purchase price is only part of the picture. Service charges and an event (deferred-management) fee on resale add up — and retirement flats often don’t rise in value like ordinary homes. Adjust the figures below to see an illustrative total for Merchant Place.

Purchase price£310,000
Service charges (10 yrs × £6,000)+ £60,000
Estimated resale value after 10 yrs£310,000
Event / deferred fee (10% of resale)− £31,000
Amount returned on sale£279,000
Illustrative cost of 10 years here£91,000

≈ £9,100/year · £175/week

Illustrative only — a transparent model, not a quote, valuation or prediction. Event fees, service charges and resale values vary by scheme and contract; confirm the actual figures and full lease terms with the operator before deciding.

Community & connection in Southampton

Local clubs, charities and support groups that help older residents stay active and connected.

Charity

Age Concern Hampshire

i) Awareness raising and campaigning; ii) Promoting Active retirement to support a positive and meaningful ageing journeyiii) Information services for local residentsiv) Care and Wellbeing Centres…

0.8 miles away · Source: Charity Commission (290874)
Charity

Dementia Friendly Hampshire

Our Mission is to inspire and drive forward the development of dementia friendly communities across Hampshire.The information and support we offer are aimed at encouraging communities to take…

3.4 miles away · Source: Charity Commission (1165292)
Charity

Lee Icango

To provide community transport in the interests of social welfare for recreation or other leisure time occupation of individuals, groups and families who have need of such facilities by reason of…

5.0 miles away · Source: Charity Commission (1135358)
Charity

Age Concern New Forest

Lunch Clubs, Information & Advice, Footcare, Computers at Home, Waterside Goodneighbours and Befriending, Telephone Buddying

6.2 miles away · Source: Charity Commission (1076585)
Charity

Age Concern (Gosport) (Formerly Gosport Old People's Welfare Association)

Information to Elderly & Carers

7.7 miles away · Source: Charity Commission (211876)
Charity

Alzheimer Café Isle of Wight

Promote & protect the good health of people living with dementia, residing on the IW, their families and carers, through the provision of support groups and other such activities, services, advice…

7.8 miles away · Source: Charity Commission (1171437)

Part of McCarthy Stone

Merchant Place is one of 388 properties run by McCarthy Stone on AskBart. See how the group's properties are rated and where it operates.

See all 388 McCarthy Stone listings →

Information last reviewed October 2026.

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