Summary - 3, Verney Road, BANBURY OX16 4QW
1 bed 1 bath Flat
Compact, commuter-friendly one-bedroom with parking and long lease.
Ground-floor apartment at rear of block for added privacy
A compact, ground-floor one-bedroom apartment positioned at the rear of a modern block, offering privacy and allocated off-street parking. The open-plan living/kitchen/diner maximises the 365 sq ft footprint, making the layout efficient for single buyers or couples. Good double glazing is already installed and the unit benefits from an easy-commute location close to Banbury town centre, the train station and the M40.
Practical running costs are helped by a very low council tax band, and the long lease (approximately 135 years remaining) removes immediate lease-renovation pressure. The flat is suited to someone wanting an affordable entry into the property market or a buy-to-let purchase given the strong transport links and local rental demand.
Buyers should note the apartment uses electric room heaters rather than a central heating system, which may affect heating costs and comfort. The overall size is small, so storage and layout planning will be important. The surrounding area records higher-than-average crime and local deprivation indices — purchasers should consider this when assessing location suitability and insurance costs.
Overall this is a practical, well-located first home or investment with clear positives (privacy, parking, transport links) and some trade-offs (small floor area, electric heating, local crime levels) that are factual and manageable for the right buyer.
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