Compact two-bed with parking and long lease — ideal for first-time buyers.
Ground-floor apartment with direct access and allocated off-street parking
Two bedrooms and two bathrooms in a compact 596 sq ft layout
Built in 2018, modern fittings, double glazing and laminate flooring
Long lease (approx. 117 years) and chain-free sale
Service charge approx. £1,000pa; ground rent £350pa; buildings insurance £635pa
Electric room heaters — simple but may raise running costs
Average thermal performance; walls U-value approx. 0.42 W/m·K
Local crime level higher than average — check neighbourhood safety
This modern ground-floor apartment offers practical, low-maintenance living in central Banbury, arranged as two bedrooms with two bathrooms and direct access to allocated parking. Built in 2018 and maintained to a contemporary standard, the flat features a fitted kitchen, laminate floors and double glazing. The layout is open-plan, making the most of 596 sq ft for comfortable day-to-day living.
The property comes with a long lease (about 117 years), is chain free and has lift access in the building — features that suit first-time buyers or investors seeking an easy-to-manage home close to amenities and schools. Annual costs include a service charge of around £1,000 and ground rent of £350; buildings insurance currently costs £635 per year and should be factored into running costs.
Heating is electric via room heaters, which keeps installation simple but can increase energy bills versus gas systems; the building has average thermal performance. The area has fast broadband and plenty of local facilities (shops, leisure, schools), though recorded local crime levels are above average, which buyers should consider when viewing.
Overall, this apartment is a straightforward, modern option for those wanting central Banbury access, parking and a ready-to-move-in property. It’s especially suitable for first-time buyers wanting low-maintenance ownership or landlords seeking a city-centre rental with long lease security.
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