**Standout Features:**
- Third-floor one-bedroom retirement flat with stunning sunsets over Banbury City.
- Developed by McCarthy & Stone with a development manager and 24-hour emergency call system.
- Allocated parking, communal gardens, residents’ lounge, and beautiful natural light.
- Leasehold property with 80 years remaining on the lease, which may affect mortgage options.
- Monthly service charge of £2300 and ground rent of £650 per year.
This charming one-bedroom retirement flat, perfect for individuals aged 60 and above, offers a peaceful living space with breathtaking views of Banbury. Situated on the third floor, this apartment not only provides residents with stunning sunsets but also abundant natural light, creating a warm, inviting atmosphere. Spencer Court boasts modern communal amenities, including a residents' lounge and well-maintained gardens, enhancing everyday comfort and community connectivity.
However, prospective buyers should note that the property has only 80 years left on the lease, which could pose challenges with mortgage financing. The monthly service charge and ground rent are on the higher side, contributing to the overall cost of ownership. Despite these considerations, the flat's prime location and secure environment make it an appealing choice for retirees seeking tranquility and convenience. Don't miss the opportunity to enjoy a vibrant community, fast broadband, and the safety of a development with dedicated management. Envision a serene retirement in this delightful home; act fast as opportunities like this don’t last long!
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