Summary - 16 OLD PARR ROAD BANBURY OX16 5HT
2 bed 1 bath Flat
**Standout Features:**
- Ground floor apartment in a mid-century building
- Two double bedrooms with fitted wardrobes
- Close proximity to town center and amenities
- Gas central heating and double glazing
- Ample residents parking
- Chain-free sale
**Notable Concerns:**
- Leasehold with approximately 50 years remaining, which may complicate mortgage acquisition
- High crime rate in the area
This charming ground floor apartment presents an excellent opportunity for first-time buyers or investors looking for a property with rental potential. With no onward chain, you'll enjoy the ease of moving in conveniently. Boasting two spacious double bedrooms featuring fitted wardrobes, a comfortable living room, and a contemporary open-plan kitchen, this home invites you to personalize its inviting space.
The apartment benefits from gas central heating and double glazing, enhancing both comfort and energy efficiency. Outside, you'll find communal gardens and ample parking—all within walking distance to the vibrant town center, with shops and essential amenities just a stroll away.
However, be aware that the property comes with a leasehold of approximately 50 years remaining, which could affect your financing options. The current owner has received a quote to extend the lease by an additional 99 years at a cost of £33,335 plus administration fees. This possibility adds future value and flexibility for renovation or extension.
Perfect for those seeking affordable city living with a strong community ambiance; act now, as opportunities like this, especially in thriving neighborhoods, won't last long!
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