£150,000 /Sale price

Banbury Oxfordshire OX16

Overview

SUMMARY: Discover an opportunity with this Banbury flat for sale and available for £150,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
Northwood present this ground floor flat with garden and allocated parking in Banbury town center offered with no onward chain.The property benefits from having share
of freehold with 25% of the freehold belonging to each directors / flat owner.The apartment is a very spacious ground floor flat with a large living room, separate kitchen and double bedroom. The property has no onward chain and benefits from a garden terrace area to the rear extending up the steps and including the gravelled area to the boundary wall and garden area also to the front extending to the pavement boundary wall.There is allocated parking to the rear of the property and the apartment is located on a quiet street yet in the town center and also walking distance to the rail station.The service charges are very low and maintenance costs are split between the four owners when needed.Lease was granted in 1980 for 120 years so there are
currently approx. 74 years remaining.  The owners have agreed to extend the leases to 999 years subject to legal work completing.Common areas are shared as per the lease. The owners are jointly responsible for stairwell, roof, the 2 metal staircases and the front and rear pathways.  The windows are maintained by each individual flat owner.Buildings insurance is covered by the service charge.Any work is paid from within sink fund and topped up shared as stated within the lease. There has never been an issue with anyone not paying their share.The building is believe to have been built 1857.No onward chain. EPC rating: D. Tenure: Share of freehold, Service charge description: Share of freehold between the 4 apartments., Length of lease (remaining): 975 years 10 months,
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Details

  • Beds: 1
  • Baths: 1
  • Price: £150,000 /Sale price
  • Reference No.: 88673784

Amenities

  • Home
    • Share of Freehold
    • Garden to Front and Rear
    • Spacious Apartment
    • Separate Kitchen
    • Large Double Bedroom
    • Large Sitting Room
    • Town Centre Location
    • No Onward Chain
    • Council Tax - Band A
    • 74 Years Remaining on Lease with Share of Freehold

Location

Marketed by:

  • Northwood, Banbury
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This Flat for sale is located at Banbury OX16. The home has 1 Bedroom and 1 Bathroom. This 1 bedroom Flat in Banbury Oxfordshire is for sale for £150,000 /Sale price.

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