1 bedroom flat for sale

Northwood present this ground floor flat with garden and allocated parking in Banbury town center offered with no onward chain.The property benefits from having share of freehold with 25% of the freehold belonging to each directors / flat owner.The apartment is a very spacious ground floor flat with a large living room, separate kitchen and double bedroom. The property has no onward chain and benefits from a garden terrace area to the rear extending up the steps and including the gravelled area to the boundary wall and garden area also to the front extending to the pavement boundary wall.There is allocated parking to the rear of the property and the apartment is located on a quiet street yet in the town center and also walking distance to the rail station.The service charges are very low and maintenance costs are split between the four owners when needed.Lease was granted in 1980 for 120 years so there are currently approx. 74 years remaining. The owners have agreed to extend the leases to 999 years subject to legal work completing.Common areas are shared as per the lease. The owners are jointly responsible for stairwell, roof, the 2 metal staircases and the front and rear pathways. The windows are maintained by each individual flat owner.Buildings insurance is covered by the service charge.Any work is paid from within sink fund and topped up shared as stated within the lease. There has never been an issue with anyone not paying their share.The building is believe to have been built 1857.No onward chain. EPC rating: D. Tenure: Share of freehold, Service charge Share of freehold between the 4 apartments., Length of lease (remaining): 975 years 11 months,