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Foundry Street, Banbury
£215,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page , 2 bedrooms, flat/apartment, for sale

Key features

  • Two bedroom apartment
  • Ground floor
  • Access to communal gardens
  • Ensuite and separate bathroom
  • Ideal for first time buyers
  • Walking distance to town centre
  • Allocated parking space and visitor parking
  • No onward 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

B

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

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

£280.0 per year

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

ASK AGENT

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

£1486.0

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

100 years

Material information

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Property Description

A well presented two bedroom ground floor apartment within walking distance of the town centre offered with no onward chain

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:

* Two bedroom ground floor apartment.

* Well presented throughout.

* Walking distance to town centre.

* Ideal for first time buyers.

* Entrance hall with access to storage cupboard.

* Open plan kitchen/living/dining room with patio doors opening to the communal rear garden making it a light and airy space. Kitchen comprising wall and base mounted units with integrated oven, gas hob, space and plumbing for washing machine, space for fridge freezer, ample space for table and chairs.

* The master bedroom is a double with two built-in wardrobes, window and access to en-suite.

* En-suite comprising WC, wash hand basin, shower cubicle and extractor fan.

* Further single bedroom with space for wardrobe.

* Bathroom fitted with a suite comprising bath, WC and wash hand basin, shaver point, extractor fan and part tiled walls.

* Designated and marked car parking space and visitor's parking pass.

* Access to communal garden which has a small patio area.

Tenure
The property is leasehold. 125 year lease which commenced in 2005. Service charge £1,486 per annum. Ground rent £280 per annum.

Services
All mains services are connected. The gas fired boiler is located in a kitchen cupboard.

Local Authority
Cherwell District Council. Council tax band B.

Viewing
Strictly by prior arrangement with the Sole Agents Anker & Partners.

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.

"Prompt response to emails and queries. Undertake inspections during the course of the tenancy. Report and transfer the rent in a timely manner. Raise the issue of tenancy renewal and issue a fresh tenancy each year and don’t let the tenancy carry over. "
Mr K - Landlord