2 bed Retirement Property
Britannia Road, Banbury, Oxfordshire OX16 5EY
£65,000
8 July 2025
GUIDE PRICE
AUCTION DATE
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.
Britannia Rd, OX16
Guide Price
£65,000
Auction Date
8 Jul 2025
End Time
12:49
Venue
Online
Auctioneer
IAM Sold
Bairstow Eves
Unit 7, Diamond Court, Newcastle upon Tyne, NE3 2EN
0345 646 0302
About IAM Sold
iamsold, part of the iamproperty Group, is the largest residential auctioneer in the UK and pioneer of the Modern Method of Auction (MMoA). iamsold works with a network of 2,500 Partner Agents as an expansion of their business, enabling them to provide auction services to their clients and grow their business.