1 bed flat for sale

South Street, Banbury OX16

Key features


▪ Modern kitchen with ample cupboard space
▪ Management Company owned Freehold
▪ Lease term extended to 999 years upon completion
▪ Much updated including new kitchen, bathroom, windows and electrical and plumbing works.
▪ Recently redecorated throughout.
Property overview


The property is very well presented and early viewing is strongly recommended. The property is a first floor
one bedroom flat forming part of a block of six similar flats, situated just off South Street in Banbury.
The block was built around 1970 and, due to the era, provides a good size accommodation which has
recently been much updated with a new kitchen, new bathroom, new UPVC windows, updated electrical
and plumbing works and has been recently redecorated throughout.

The flat is accessed from the communal entrance hall and landing, opening into a hallway that runs
through the property and all the rooms are accessed off that hallway.

This property is for sale Leasehold and is on a long-term Lease which will be extended to a 999-year Lease
during the course of the sale.

The property is subject to a Service Charge operated by a residential Management Company, to which the
flat owners are Shareholders. The Service Charge is currently £1050 per annum. No Ground Rent is
payable.

The property is situated within walking distance of the town centre and local amenities, along with the
railway station and easy access to the M40 motorway.
Property description


Entrance Hallway – 5.0m x 0.9m

The hallway has oak laminate flooring. There is access to the airing cupboard and storage cupboard above.
The airing cupboard houses a fairly new pressurised hot water cylinder with storage over. The property
has recently had an upgrade on the electrical system.

Living Room – 3.7m x 3.6m

The living room has two windows, one south west facing. There is a modern panel heater with temperature
control. Ample sockets and central light. The room has oak laminate flooring to match the hall and
bedroom.

Kitchen – 2.9m x 2.0m

The kitchen has been refitted with a fantastic range of floor and wall units with a considerable amount of
thought to provide storage and a very usable layout of cupboards and drawers. The units are of a grey
shaker style with a period style handle and fittings. There is a light grey marble effect laminate work top
in a ‘U’ shape layout, with a modern black glass induction hob and built under oven/grill and extractor fan
over. There is a square stainless-steel sink with modern tap and a rinse head. There is provision for a
washing machine under the work top with door in front and space has been left for a full height
fridge/freezer. The full height wall units have modern LED concealed lighting underneath. There are ample
wall sockets, and the floor is tiled with modern dark grey floor tiles.

Bathroom – 2.8m x 1.7m

The bathroom has dark grey tiled flooring, the same as the kitchen. There is a white bathroom suite
consisting of bath, large wash basin and close coupled W.C. The basin has a vanity cupboard underneath, and the W.C. Has a concealed cistern. The bath has a thermostatic mixer shower off the hot water system
and shower curtain. The bathroom has a chrome heated towel rail and there is an outside vented extractor
fan. The walls around the bath are tiled to the ceiling and there is a tiled back splash to the wash basin.

Bedroom – 3.0m x 2.8m

The bedroom has ample electric sockets and centre light. The room has oak laminate flooring to match
hall and living room.

All room sizes are approximate.

Outside

The property is for sale with an allocated car parking space in the block’s car park. Outside there is
provision for wheelie bins for all the flats and communal clothes drying area.
Stamp duty due


Based on a sale price of £129,950 the current stamp duty payable would be:
£99.00 *

* This value is based on the standard rate. This does not apply to first-time buyers, or second home buyers/buy to let buyers.
This value is applicable from 1st April 2025.
Further information


Council Tax Band – A
Tenure – Leasehold
Utilities – Mains Water, Mains Electricity, Mains Sewage, Telephone line.