1 bed flat for sale

Victoria Place, Banbury OX16

Key features


 The bathroom has been recently updated
 The flat feels bright and spacious inside
 There is ample non-allocated parking on the site for residents
 Great location in Banbury close to the town centre, local amenities and train station
Property overview


The property is offered for sale Leasehold with a Lease term that expires in June 2112. 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. The Ground Rent is £211.00 per annum for 2026. There is a significant amount of off street parking spaces on the site which are non allocated.

The property forms part of a purpose-built block of flats comprising 65 flats in 8 similar blocks. The block is located just off the Middleton Road in Banbury and provides easy access to the Banbury mainline railway station (5-minute walk) 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.
Property description


The property is accessed from a communal stairwell with two main entrances at the front and rear of the block, which leads to the car parking area.

Entrance Hallway

The flat has a nicely sized hallway on entrance, off which the bedroom and bathroom are accessed directly. The living room then leads through to the kitchen. The hallway is carpeted and there is a cupboard for the water tank.

Living Room

The spacious living room overlooks the central courtyard on the site, where majority of the parking is located. The room is bright and leads to the kitchen through glazed double doors. The property is run on electric and there is a storage heater in the living room.

Kitchen

The kitchen provides a good amount of cupboard space with white tiling and cream cupboards, providing a bright feel to the room. There is space for an under counter fridge and washing machine to accompany the stainless-steel sink and drainer, built under oven, and hob with extractor hood over.

Bathroom

The bathroom is fitted with a modern white suite comprising W.C., wash basin and bath with shower over. The room is well laid out with a stainless steel towel rail fitted just inside the door.

Bedroom

The well sized bedroom is located on the other side of the flat and has a bright and spacious feel with a built-in double wardrobe in one corner of the room for storage. There is also a storage heater in the bedroom.

All room sizes on the floorplan are approximate.
Stamp duty due


Based on a sale price of £120,000 the current stamp duty payable would be:

£0 *

* This value is based on the standard rate. This does not apply to second home buyers/buy to let buyers.
Further information


EPC Rating – C

Council Tax Band – A

Tenure – Leasehold

Utilities – Mains Water, Mains Electricity, Mains Sewage, Telephone Line