Key features
- Two bedroom retirement apartment
- Location close to town centre
- Choice position in the block
- Two double bedrooms
- Cloakroom
- Double aspect living room
- Shower room with a white suite
- Range of communal facilities
- Communal gardens and parking
- No upward chain
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
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Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
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Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
97 years
Material information
ExpandProperty Description
A two bedroom first floor retirement apartment located close to the town centre with a choice position within the block and featuring two double bedrooms plus a cloakroom in addition to the shower room
Situation
BANBURY is conveniently located only two miles from Junction 11 of the M40, putting Oxford (23 miles), Birmingham (43 miles), London (78 miles) and of course the rest of the motorway network within easy reach. There are regular trains from Banbury to London Marylebone (55 mins) and Birmingham Snow Hill (55 mins). Birmingham International airport is 42 miles away for UK, European and New York flights. Some very attractive countryside surrounds and many places of historical interest are within easy reach.
A floorplan has been prepared to show the dimensions and layout of the property as detailed below. Some of the main features are as follows:
* A first floor two bedroom retirement apartment located conveniently close to the town centre and all the amenities therein as well as being within walking distance of the railway station.
* Occupying a desirable position within the complex at the end of a corridor.
* Unusually this apartment has a cloakroom fitted with a suite comprising a WC and wash hand basin as well as a window which is approached off the hallway in addition to the shower room.
* Another particular feature is that the sitting room enjoys a double aspect with windows to side and rear, an ornamental fireplace and glazed double doors open to the kitchen.
* Kitchen with a range of units, built-in oven, hob and extractor, space for fridge and freezer, window.
* Main double bedroom with window to side and built-in wardrobes.
* Second double bedroom with window to rear.
* Shower room fitted with a white suite comprising fully tiled shower cubicle, semi recessed wash hand basin and WC, extractor.
* Communal well tended south facing gardens.
* Communal off road parking.
* Communal residents lounge and kitchen., Manager's office, communal laundry, lift serving the upper floors.
Services
All mains services are connected with the exception of gas. Heating is by way of electric heaters.
Agent's note
Residents must be over the age of 60 years or in the event of a couple purchasing one must be over the age of 60 and the other over 55.
Tenure
Leasehold. The property is held on a 125 year lease which commenced on 1st December 1998.
Service charge is approximately £3,732.62 per annum. Ground rent approximately £736.04 per annum.
Local Authority
Cherwell District Council. Council tax band C.
Energy rating: C
A copy of the full Energy Performance Certificate is available on request.
Anti Money Laundering Regulations
In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (AML) check. An administration fee of £30 plus VAT per applicant will apply. This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
"Regular contact and attention with the property with reports on conditions. Good list of contacts for any attention needed to maintain condition of letting. Rental receipts very promptly received. "
