Guide price
£112,500
1 bed flat for saleMerton Street, Banbury, Oxfordshire OX16
1 bed
1 bath
1 reception
EPC Rating: D
- Leasehold
Bairstow Eves - Banbury Sales
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About this property
Bairstow Eves are delighted to offer this particularly well located top floor, one bedroom apartment, positioned close to Banbury station and Banbury town centre, with a lease of approx 152 years remaining.
The property is presented in good condition throughout, with gas central heating and double glazed windows, with a large double bedroom, living room, spacious kitchen and bathroom.
With such a prominent location, this property could suit landlords looking for a reliable rental property or first time buyers needing a convenient location for work purposes with the benefit of having a town centre location a short walking distance from the property.
Banbury town is home to dozens of restaurants and takeaways, barbers and salons, pubs and bars, a cinema, arcade and many retail units. A short drive from the property, a good choice of supermarkets and a larger retail park with well-known brand stores, the M40 and under 30 minutes from the Cotswolds.
Auctioneer Comments:
This property is for sale by Modern Method of Sale 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. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
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 £450. These services are optional.
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More information
Tenure
Leasehold (152 years)
Service charge
£550 per year
Council tax band
A
Ground rent
£150
Ground rent date of next review