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Albert Street, Banbury, OX16

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 999 Year Lease
  • Shared Garden
  • Gas Central Heating
  • Period Features
  • Upper Ground Floor
  • Light & Airy
  • Recently Decorated
  • Share of Freehold
  • 3D Virtual Tour Available

Description

No onward chain for this property with a lease of 999 years and share of freehold.

The property, located in Banbury town centre, is in excellent condition having been recently fully refurbished.

There are a few steps up from street level to the building’s front door which gives home to four apartments in total and Hall Flat is on the entrance level (upper ground floor).

The property has a light and airy living room with bay window and open plan kitchen. The newly fitted kitchen comes with an electric cooker and hob and full height fridge/freezer. The bedroom has built in storage and overlooks the garden. There is a separate bathroom with shower.

There is a shared utility/laundry room and rear garden.

There is a share of freehold with the property so each flat owner is deemed a director of the management company with one vote per flat with the lease of 999 years.

Each flat in the building has its own water and electricity meter but they share the electricity for the communal areas and laundry provision according to the square footage for each flat. The gas bill for the heating is also shared on this basis with underfloor heating in the apartment.

This flat has access to the rear garden via the steps from the laundry room and right of way via the basement access to read their meter, although smart meters are being installed.

Please find approximate costs for service charges 2020 - 2021:

Share of Building insurance (12 months) was approx. £474 

Share of gas and electricity £915 for 12 months (includes apartments central heating)

Share of cleaning and maintenance (12 months) was £114

So this roughly equates to £125 pcm to include the heating costs from the shared gas boiler.

EPC rating: D. Tenure: Leasehold, Service charge description: Service cost split between the four apartments based on square footage,

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

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Energy performance certificate - not provided

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Albert Street, Banbury, OX16

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Banbury Station0.4 miles
  • Kings Sutton Station3.6 miles
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About the agent

Northwood, Banbury

20 High Street, Banbury, OX16 5EE

Northwood, Banbury

Northwood was founded in 1995 in Portsmouth but now has a national network of branches from Aberdeen to Plymouth and from Cardiff to Norwich. We operate a high calibre letting, estate agency and financial services business and we are renowned for our unique Guaranteed Rental Income Scheme that is not an insurance policy. Contact us now!

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Disclaimer - Property reference P927. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Banbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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