Well-presented one-bedroom flat with parking, sold with tenant in situ — ideal for investors.
Allocated off-street parking included
A well-presented one-bedroom apartment in a modern development just 0.5 miles from Banbury town centre and 0.8 miles from the train station. The flat benefits from allocated off-street parking, a contemporary fitted kitchen, recent construction with NHBC cover, fast broadband and excellent mobile signal — practical features for tenants and city commuters.
Sold via secure online auction and offered with a tenant in situ, this property suits buy-to-let investors or buyers seeking an income-producing asset. The apartment is compact at about 397 sq ft and arranged as open-plan living with one bedroom and one bathroom, making it straightforward to manage and maintain.
Notable practical points: heating is by electric room heaters rather than gas central heating, the dwelling is leasehold with 117 years remaining, and the local area records higher-than-average crime levels. Council Tax Band A keeps running costs low, but purchasers should factor in leasehold service charges and the auction sale process when budgeting.
Overall, this property presents a low-maintenance, modern rental opportunity close to transport and town amenities. It will appeal to investors wanting immediate occupancy and predictable running costs, while first-time buyers should note the leasehold, small size, and tenant-occupied status before viewing.
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