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2 Bed Flat, Single Let, Banbury, OX16 5HS £155,000

Calthorpe Road, Banbury, OX16 5HS - 3 views - 7 months ago
  1. Deal Search
  2. Banbury
  3. OX16
  4. OX16 5HS
Sold STC
BTL
ROI: 5%
~68 m²

ValuationUndervalued

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Links

  • More Deals in Banbury
  • More Deals in OX16
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  • More Single Let Deals in Banbury
  • More Single Let Deals in OX16

Property History

Price changed to £155,000

June 21, 2025

Listed for £165,000

May 1, 2025

Floor Plans

Description

  • Share of Freehold +
  • Top Floor +
  • Allocated Parking +
  • Two Double Bedrooms +
  • Bath with Shower Over +
  • No Ground Rent +
  • £60 pcm Service Charge +
  • Option to Extend Lease to 999 Years +
  • No Onward Chain!!! +
  • Current Lease 74 Years Remaining +

No onward chain for this top floor flat is located in Banbury town center with allocated parking. The property benefits from having share of freehold with 25% of the freehold belonging to each directors / flat owner. The apartment enjoys a top floor location and has an open plan kitchen / living area, bathroom having bath with shower over and two double bedrooms - both spacious with a very large master and a second double.  The apartment has lots of light coming in being top floor with high ceilings and an attractive outlook to pleasant views to both the front and rear. There is allocated parking to the rear of the property and the apartment short is walking distance to both the town center and rail station. The service charges are very low and maintenance costs are split between the four owners when needed. Please see vendor note regarding the lease and maintenance: Lease was granted in 1980 for 120 years so there are currently approx. 74 years remaining.  The owners have agreed to extend the leases to 999 years subject to legal work completing. Common areas are shared as per the lease. The owners are jointly responsible for stairwell, roof, the 2 metal staircases and the front and rear pathways. the front and rear garden areas belong to lower ground and ground flats.  The windows are maintained by each individual flat owner. Buildings insurance is covered by the service charge. Any work is paid from within sink fund and topped up shared as stated within the lease. There has never been an issue with anyone not paying their share. The building is believe to have been built 1857. No onward chain. EPC rating: D. Tenure: Share of freehold,

Agent Details

Northwood, Banbury

01295 957623

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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