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Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

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Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

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Features

  • 'Shared Ownership'
  • Living/dining room
  • Two large double bedrooms
  • Allocated parking
  • Pleasant rear garden

Nearest Stations

  • Banbury Rail Station - 1.5 miles
  • Kings Sutton Rail Station - 3.7 miles
  • Kings Sutton - Village Square - 3.9 miles


Two bedroom, stone built, Shared Ownership property.

Entrance hallway | Kitchen | Living/dining room | Two large double bedrooms | Bathroom | Allocated parking | Pleasant rear garden | 45% share

Located on the popular Redrow development on the south side of Banbury is this stone built end of terrace property benefiting from two large double bedrooms, bathroom, kitchen, living/dining room, pleasant rear garden and allocated parking. The property is being sold as a Shared Ownership property. The current owners own a 45% share of the property.

Ground Floor

Entrance hallway: Stairs rising to first floor. Laminate wood flooring. Wall mounted radiator. Access to ground floor accommodation. Good size understairs storage cupboard. 

Downstairs Cloakroom: Two piece white suite comprising low level WC and wash hand basin. Wall mounted radiator. Wall mounted fuse box. Extractor fan.

Kitchen: A range of modern white base and eye level units with laminate worktop. Space and plumbing for a washing machine. Full height fridge/freezer.   Dishwasher. Built-in oven with a four-ring gas hob and extractor hood above. Built-in stainless steel sink unit. UPVC double glazed window overlooks a green area to the front aspect.

Living/Dining room: Laminate wood flooring throughout.     Ample space for sofa suite, dining table and chairs. Wall mounted radiator. UPVC double glazed window overlooks rear garden, and UPVC double glazed door leads to rear patio.

First Floor

Landing: Access to all first floor accommodation. Wall mounted radiator. Useful storage cupboard.

Bedroom one: Large double bedroom with two UPVC double glazed windows overlooking the rear garden. Wall mounted radiator. Feature wall panelling.

Bedroom two: Large double bedroom with UPVC     double glazed window overlooking green area to the front aspect. Wall mounted radiator.

Bathroom: Three piece white suite comprising low level WC, wash hand basin, panel bath with shower over, tiling to splashback     areas, as well as tiled flooring. UPVC double glazed obscured window to the front aspect. Heated towel rail. Airing cupboard    housing Vaillant combination boiler, as well as further storage.

Agents Note

Lease: 125 years - 119 year remaining.
Monthly service charge: £67.96.
Monthly rent: £445.89.

We have been informed by Bromford Housing Association the purchase can be staircased to 100% ownership (£275,000).

Outside

Front: Area laid to slate with a pathway leading to the front door which is under a covered porch. Side access to the rear garden.

Rear garden: Mostly laid to lawn with patio area.    Gated side and rear access. Outside tap.  Pathway leading to rear gates with   access to allocated  parking. The garden is enclosed by mostly timber panel fencing and brick wall.

Property Ref: S1885739

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