Park Gardens, Banbury - Direct access to garden
£295,000 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 - retirement, for sale

Key features

  • Luxury ground floor retirement apartment
  • Superb complex with excellent facilities
  • Walking distance of town centre
  • Fantastic open plan living space
  • Two bedrooms
  • Direct access to garden
  • Large accessible wet room
  • Kitchen with integrated appliances
  • Exceptional range of communal facilities
  • Communal gardens and parking

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 : 

C

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

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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

987 years

Material information

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Property Description

A well presented luxury two bedroom ground floor retirement apartment with direct access to the garden with an exceptional range of communal facilities within walking distance of the town centre adjacent to Peoples Park

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.

PARK GARDENS offers a variety of opportunities to take up a new hobby, make new friends and get involved in a range of activities whenever you like, right on your doorstep. Retirement Living is all about doing the things that you want to do when you want to do them. Communal facilities include a café bistro, lounge, activity studio, gym, hair and beauty salon The market town of Banbury is the ideal setting for your new retirement home, Park Gardens is less than a mile from the town centre with its fantastic range of shops, pubs and restaurants plus places of interest such as The Oxford Canal and Tooley's Boatyard.

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:

* Located on the ground floor of this modern contemporary complex of retirement apartments dating back to 2019 is this luxury flat which has direct access to the garden at the rear.

* Spacious modern layout including two bedrooms and a superb open plan living kitchen dining room with patio doors to the patio and garden beyond.

* Large accessible wet room with a walk-in shower area with fully tiled surround, semi recessed wash hand basin, WC, heated towel rail, built-in cupboards and extractor.

* Within the complex there is a wonderful range of facilities including a bistro on the ground floor, hair salon, activity room, spa room and foyer. There are communal areas on the upper floors to enjoy as well and activities include coffee mornings, afternoon tea, bingo, fitness and Zumba classes, art classes and regular events. The private accommodation is accessed via a large hall which has storage and separate airing cupboard housing the electrical system for the underfloor heating.

* The open plan living kitchen dining space includes a kitchen area with a range of Walnut effect gloss units incorporating a built-in oven, hob and extractor, microwave, integrated washing machine, dishwasher, fridge and freezer, ample work surfaces, sink and window.

* The main double bedroom has two windows to rear overlooking the garden, radiator, built-in double wardrobe.

* The second bedroom is a generous single with window to rear overlooking the garden and space for furniture.

* Communal gardens with greenhouse and raised bed which residents can tend by permission.

* We understand that care is available and will be charged for accordingly.

* Emergency assistance is available 24/7 and there is a House Manager during office hours daily.

* Electric underfloor heating which is controlled via a thermostat in the hall.

Tenure
A leasehold property. Length of lease 990 years which commenced on 6th January 2023. There is a monthly service charge of £574 which covers 24/7 care presence, manager and facilities coordinator, utilities, communal area utilities, landscaping and gardening, maintenance of lift and call service, communal Wi-fi, service contracts, office telephone and IT, various fees, various insurances and window cleaning. Council tax, contents insurance, telephone, broadband and TV licence are NOT covered by the service charge. Ground rent £250 per annum.

Local Authority
Cherwell District Council. Council tax band C.

Services
All mains services are connected with the exception of gas.

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

Energy rating: B
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.

"Superb team from start to finish with amazing support to help with a rather difficult solicitor who was very slow to respond! Thank you so much."
Claire Maguire - Purchaser