1 bedroom retirement property for sale

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1 bedroom retirement property for sale

Spencer Court, Britannia Road, Banbury
£69,950

Price History

Initial price £89,950
02/02/24 £84,950
08/09/24 £74,950
28/11/24 £69,950
Price Change -22.23%

Description

This one-bedroom retirement apartment is located on the top floor of a complex in the town center, within walking distance of the railway station. The apartment has been recently redecorated and carpeted throughout, and features a larger-than-average L-shaped lounge with double glass doors opening into the kitchen. The kitchen is fitted with a range of units, a fitted oven, and space for a fridge and freezer. The bedroom has a large wardrobe with mirrored doors, and the bathroom features a three-piece suite with a low-level WC, wash-hand basin, and panelled bath with shower over. The property has a 125-year lease, which commenced in 1998, and has a service charge of approximately £2,488.40 per annum. The ground rent is £630.88 per annum, and the property is held on a lease that requires residents to be over the age of 60 or, in the case of a couple, one must be over 60 and the other over 55. The apartment is conveniently located near the town center, with regular trains to London and Birmingham, and is within easy reach of the motorway network.