2 bed property for sale

Britannia Road, Banbury OX16

Summary

Being sold via Secure Sale online bidding. Terms & Conditions apply.

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Situation

Banbury is conveniently located only two miles from Junction 11 of the M40, putting Oxford (23 miles), Birmingham (43 miles), London (78 miles) and of course the rest of the motorway network within easy reach. There are regular trains from Banbury to London Marylebone (55 mins) and Birmingham Snow Hill (55 mins). Birmingham International airport is 42 miles away for UK, European and New York flights. Some very attractive countryside surrounds and many places of historical interest are within easy reach.

The Property

65 spencer court forms part of this well served complex of retirement apartments situated in the town centre. This is a third floor apartment and is complemented by a range of communal facilities, House Manager, closed circuit television for security, and there are south facing gardens to the rear.

A floorplan has been prepared to show the room sizes and layout of the property as detailed below. Some of the main features are as follows:

* A third floor two bedroom retirement apartment.

Brand New Carpets Throughout.

Brand New Bathroom.

Re-decorated Throughout.

* Close to all the town centre amenities.

* Within walking distance of the railway station.

* Communal lobby and entrance where there is a Manager's office, access into the communal residents lounge and kitchen. A short walk to the communal laundry and lift to the upper floors.

* Private L-shaped hall with door to the sitting room with window to front.

* Kitchen with a range of base and eye level units incorporating a built-in oven and hob, space for fridge and freezer, window to front.

* Main double bedroom with window to side and second double/large single bedroom with window to front.

* Bathroom with a suite comprising panelled bath with shower unit over and fully tiled surround, wash hand basin and WC, fully tiled walls, heated towel rail, wall mounted heated.

* Communal well tended south facing gardens.

* Communal off road parking.

Council Tax Band: C
Tenure: Leasehold
Length Of Lease: 125
Annual Ground Rent Amount: 736.00
Annual Service Charge Amount: 3,732.00

For sale through Pattinson Auction under Conditional Terms.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.