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1 bedroom flat for sale
Britannia Road, Banbury, Oxfordshire, OX16
£90,000
Britannia Road, Banbury, Oxfordshire, OX16
£90,000
Our Summary
- AUCTIONEERS COMMENTSThis property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period
- For Sale by Modern Auction – T & C’s apply
- The Modern Method of Auction
Description
This studio plus apartment is situated in the heart of Banbury town centre, just a 10-minute walk from the train station and high street. The property, on the third floor of a modern development, features a modern fitted kitchen, neutral décor, and practical living space. With allocated parking and no onward chain, it's ideal for a first-time buyer seeking convenience and affordability or an investor looking for excellent rental potential with estimated returns of around 10% based on £850 PCM. The property is currently on a 58-year lease, but the sellers are willing to extend by an additional 90 years upon completion, providing long-term security and value for the new owner.