Bath Road, Banbury Shared Ownership £187,500
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- 75% SHARED OWNERSHIP AVAILABLE (£187,500), FULL MARKET VALUE OF £250,000
- SUPERB MODERN RETIREMENT APARTMENT
- TWO GENEROUS DOUBLE BEDROOMS
- SPACIOUS LOUNGE / DINING ROOM
- EXCELLENT COMMUNAL FACILITIES INCLUDING BISTRO, GYM & LOUNGE
- BEAUTIFULLY MAINTAINED COMMUNAL GARDENS
- WALKING DISTANCE TO BANBURY TOWN CENTRE & RAILWAY STATION
- HOUSE MANAGER & 24-HOUR EMERGENCY ASSISTANCE
- LARGE COMMUNAL GARDENS
- NO ONWARD CHAIN
An exceptional two bedroom shared ownership retirement apartment in a prestigious development with outstanding communal facilities.
Banbury OX16 9HQ
The Property
Offered for sale on a 75% shared ownership basis at £187,500 (full market value £250,000), this spacious and beautifully presented two bedroom retirement apartment forms part of the highly regarded Park Gardens development by McCarthy Stone. Unlike many shared ownership properties, there is no rent payable on the remaining 25% share, making this an exceptionally attractive and affordable opportunity. Designed exclusively for later living, the development offers an independent lifestyle complemented by an exceptional range of communal facilities and support services where required. The apartment extends to approximately 824 sq. ft. and offers well-planned accommodation comprising a generous entrance hall, an impressive lounge/dining room, a separate fitted kitchen, a modern shower room and two excellent double bedrooms, with the principal bedroom having fitted mirrored wardrobes. Park Gardens occupies an enviable position adjacent to People's Park and is within comfortable walking distance of Banbury town centre, local amenities and the railway station, making it one of the town's most sought-after retirement developments.
Situation
Banbury is conveniently located only 2 miles from junction 11 of the M40 putting Oxford (22 miles), Birmingham (43 miles), London (78 miles) and of course the rest of the motorway network within easy reach. There are regular trains from Banbury to London Marylebone (51 mins) and Birmingham Snow Hill (55mins). Birmingham International airport is 42 miles away for UK, European and New York Flights. Some very attractive countryside surrounds and many places of historical interest are within easy reach.
Communal Entrance
The impressive communal entrance creates a superb first impression, featuring a double-height reception area with contemporary décor, comfortable seating and an elegant feature fireplace. This welcoming space provides the perfect place to relax with neighbours, welcome visitors or simply enjoy the surroundings. From here, residents have direct access to the superb on-site facilities, including the bistro café, residents' lounge, activity studio, gym, hair and beauty salon and beautifully maintained communal gardens.
Entrance Hallway
A spacious and welcoming entrance hall providing access to all principal rooms. There are useful storage cupboards and ample space for coats and shoes.
Sitting/Dining Room
A superb reception room of generous proportions offering plenty of space for both comfortable seating and a dining table. A sliding patio door gives access to a large balcony with pleasant outlooks over the communal gardens.
Kitchen
The kitchen is fitted with a contemporary range of high gloss wall and base units with contrasting work surfaces and matching upstands. Integrated appliances include an electric oven, microwave, four-ring hob with extractor hood over, together with an integrated fridge/freezer and concealed storage cupboards.
Bedroom One
A particularly spacious double bedroom with ample room for a full range of furniture and a fitted mirrored wardrobe.
Bedroom Two
A generous second double bedroom which would make an ideal guest bedroom, hobby room or study depending upon individual requirements.
Shower Room
Well-appointed with a large shower enclosure, wash hand basin and low-level W.C. Attractive tiling and fitted shelving.
Facilities
Park Gardens has been designed to provide an enjoyable and independent retirement lifestyle with an exceptional range of facilities available to residents. These include an attractive bistro café, residents' lounge, activity studio, gym, hair and beauty salon, landscaped communal gardens and a guest suite for visiting family and friends (subject to booking). A House Manager is available during office hours, with 24-hour emergency assistance providing additional peace of mind. Various social activities are organised for those who wish to participate, creating a friendly and welcoming community.
Directions
From Banbury Cross proceed in a westerly direction via West Bar Street and continue into the Broughton Road. After passing the College on your right take the next turning on the right into Bath Road. Follow the road around to the right and continue for approximately 200 yards where Park Gardens will be found on your right hand side.
Additional Information
Services: All mains services connected with the exception of gas. Local Authority: Cherwell District Council. Tax band C. Tenure: A Leasehold property. Viewing Arrangements: By Prior arrangement with Round & Jackson. A Leasehold property. Length of Lease: 146 years remaining which commenced on 22nd March 2021. Ground Rent: £250.00 per annum. This is a set fee which is stated in the Lease. Service Charge: £612.22 per month.
Anti Money Laundering
In accordance with current Anti-Money Laundering regulations, all purchasers are required to complete identity verification and Anti-Money Laundering (AML) checks. Round & Jackson will not mark a property as Sold Subject to Contract or issue a Memorandum of Sale until these checks have been satisfactorily completed.
Banbury OX16 9HQ
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