Summary - 8 VICTORIA PLACE BANBURY OX16 3NN
1 bed 1 bath Flat
Chain-free, newly refreshed flat near Banbury station — parking and low running costs.
Top-floor, light-filled one-bedroom apartment with parking included
Quiet, top-floor one-bedroom apartment in central Banbury, offered chain-free and recently refreshed throughout. The flat is compact (around 415 sq ft) but benefits from plentiful natural light, a separate kitchen, double bedroom and an allocated off-street parking space. Its location is a key asset — a short walk to the rail station and town centre amenities.
Practical running costs are reasonable: an EPC rating of C, low ground rent (£203 pa) and a service charge of approximately £1,150 pa (a small discount is available for timely standing-order payments). The current owner has installed new windows, new carpets and redecorated, so the property is ready to move into or rent out immediately.
Important considerations: the flat is leasehold with about 87 years remaining, which may affect mortgage options and future valuations. Heating is via electric storage heaters rather than gas, and the overall internal space is small — better suited to a single occupant, couple or investor seeking a city-centre let. No major structural issues are reported, but buyers should review the lease length and service-charge terms before committing.
Overall this is a sensible, low-maintenance city apartment for a first-time buyer or investor who prioritises location, immediate move-in condition and included parking over generous internal space.
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