Britannia Road, Banbury, Oxfordshire, OX16

Bairstow Eves are delighted to offer this spacious two-bedroom first-floor over 60's retirement apartment with a 98 year lease remaining.

Located within a well-maintained complex, the property benefits from lift access, residents' parking, and the added convenience of no onward chain. We highly recommend arranging a viewing at your earliest opportunity.

The apartment offers a range of desirable features, including access to a communal garden and residents’ lounge, where regular social events are held. An on-site manager is available to assist with day-to-day needs, and additional facilities include a communal laundry room and ample parking for residents.

Internally, the property comprises two bedrooms, a generously-sized living room with space for dining, a compact kitchen (replaced in 2011), and a modern shower room, also installed in 2011. The apartment is heated by electric storage heaters and benefits from double-glazed windows, with secure intercom entry for added peace of mind.

Spencer Court is ideally located in the heart of Banbury, offering easy access to a wide range of shops, restaurants, bus services and only 10 minutes walk from Banbury Station. Major supermarkets, including Morrisons, Sainsbury’s, Tesco, and Waitrose, are within walking distance or a short drive, with a large retail park just 10 minutes away, providing access to popular shopping brands.

Lease Information:

Lease: 125 years from 1st December 1998
Service Charge: £3,766 per annum (paid twice yearly)
Ground Rent: £736.04 per annum (paid half yearly)
Service charge covers building insurance, building maintenance, grounds upkeep, internal cleaning of common areas, managers costs and social events.

Auctioneer Comments:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.