2 bed flat for sale

Victoria Place, Banbury OX16

Key features

▪ Newly refurbished kitchen, new vinyl flooring to kitchen and bathroom and new carpets to the
remainder of the flat
▪ 99-year Lease extension at point of completion
▪ Large loft space providing additional storage for the property
▪ Good location near to the town centre, local amenities and train station
Property overview


The property forms part of a purpose-built block of flats constructed around 1988 comprising 65 flats in
8 similar blocks. The block is located off Waterloo Drive just off the Middleton Road in Banbury. The
location affords easy access to the Banbury mainline railway station (5 minute walk) and with connection
to London Marylebone in 60 minutes and Birmingham and Manchester to the North. Access by car to
Junction 11 of the M40 (8 minutes). The block is within walking distance of Banbury town centre and
associated facilities.

The property has recently undergone some refurbishment works and is offered with a newly fitted kitchen, redecorated throughout and new floor coverings. The flat is located on the top floor of four levels, and the
block is served with an intercom entry system. There is a significant amount of off street parking spaces
on the site (non-allocated).

The property is offered for sale Leasehold, and the Lease will be extended during the process of the sale
at the Vendor’s expense. The property is subject to an annual Service Charge which is currently £1150.00
per annum (payable yearly, half yearly or monthly). The Service Charge includes the buildings insurance
and maintenance of communal areas and the structural elements of the building.
Property description


The property is accessed via a communal entrance hall and stairwell.

Entrance Hallway
The flat is entered through the front door with a hallway off which all rooms are accessed. There is access
to the good sized loft which runs the length of the flat and provides additional storage space.

Living Room – 4.1m x 3.4m
The living room has windows on two aspects, wall lights, night storage radiators and a TV connection
point.

Kitchen – 2.8m x 2.4m
The kitchen is newly fitted with floor and wall units including a built under oven and separate electric hob
and extractor hood over. There are worktops with fitted stainless steel sink, tall larder cupboard, and space
for a washing machine. The room is large enough to have a fridge freezer and a small table and 2 chairs/or
breakfast bar. The kitchen has a Velux window fitted.

Bathroom – 3.4m x 1.8m
The bathroom is fitted with a modern bathroom sink comprising close coupled W.C., wash basin and
standard size bath with shower over. The bathroom has access to the airing cupboard with a hot water
cylinder and slatted shelving. The bathroom has a Velux window and wall mounted blower heater.

Bedroom One – 4.4m x 2.9m
The master bedroom has a Velux window, night storage heater and has a built-in wardrobe.

Bedroom Two – 2.9m x 2.3m
The second bedroom has a Velux window and a night storage heater.

All room sizes are approximate.
Stamp duty due

Based on a sale price of £175,000 the current stamp duty payable would be:
£1000 *
* This value is based on the standard rate. This does not apply to first-time buyers, or second home buyers/buy to let buyers.
Further information

EPC Rating – D
Council Tax Band – B
Tenure – Leasehold
Utilities – Mains Water, Mains Electricity, Mains Sewage, Telephone Line