Bright town-centre apartment with gated parking and a long lease, chain-free..
Town-centre location, minutes from station and local amenities
Open-plan living area with large windows, bright interior
Master bedroom with private en-suite shower room
Secure gated parking included
Chain-free sale with immediate completion potential
Lease: 108 years remaining from 04/08/2025
Service charge approx. £2,985pa; ground rent £225pa
Electric room heaters only; slow broadband and higher local crime rates
This well-presented two-bedroom apartment sits in Banbury town centre, offering convenient urban living moments from shops and the station. The open-plan living area and large windows create a bright feel throughout the 785 sq ft layout, while a master en-suite and separate family bathroom make it practical for everyday life.
Practical benefits include secure gated parking, double glazing, and a lengthy 108-year lease from 2025. The property is chain-free, making for a straightforward purchase for first-time buyers or buy-to-let investors seeking immediate occupation or rental potential.
Buyers should note ongoing costs and local context: the service charge averages £2,985 per year and ground rent is £225. Heating is electric via room heaters rather than central gas, broadband speeds are reported slow, and the local area scores higher on crime and deprivation indices. These facts affect running costs and may influence mortgage or letting considerations.
Overall, this apartment suits someone prioritising central location, ease of access and low-maintenance modern living, who is comfortable with higher service charges and the realities of the surrounding neighbourhood. It offers clear rental or first-home potential if the tenure length and charges fit your plans.
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