South Bar Street

Banbury

22penthouse
OIEO:£275,000
Signature property

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Property details

Key features

  • Stylish two bedroom penthouse apartment
  • Master bedroom with ensuite shower room
  • Bathroom with bath and shower over, wc, double handbasins
  • Communal courtyard and garden
  • Fully fitted kitchen with open plan dining and living area
  • Second bedroom, storage cupboards
  • Two Allocated parking spaces
  • Desirable town location

Council Tax Band:

C

Tenure:

Leasehold

Ground Rent:

£250.00

Ground Rent Review Period:

50 years

Annual Service Charge:

£1,800.00

Length of Lease:

142 years

Mercia House is an imposing Grade II Listed period property, which has been sympathetically converted to provide ten unique and bespoke apartments located in the most desirable part of Banbury close to the famous Cross. Each apartment offers some fabulous, ornate and individual features that have been carefully blended with the different ages of the property.
There are some beautiful communal areas which include a grand entrance hallway, a landscaped communal garden and a car park to the rear. Apartment 10 is a superb apartment located to the rear of the conversion in a smaller section overlooking West Bar. The accommodation is very spacious and beautifully presented and there are many original features which include high ceilings.

Apartment 10 has the benefit of two parking spaces at the rear of the building, along with bicycle storage. A communal rear courtyard and front garden provide places to relax. Banbury town centre is easily accessible and the railway station is approximately 12 minutes' walk, making them ideal commuting, downsizing or investment properties.

Entrance Hallway
Access to all rooms, two large storage cupboards and Utility room which houses the washing machine and tumble dryer. Light & Airy throughout.

Lounge/Kitchen/Dining
17' 1" x 25' 5" ( 5.21m x 7.75m )
A superb open plan room with high ceilings, wooden floors and three sash windows with outlooks over South Bar. There is ample space for a range of living and dining furniture. The kitchen is fitted with high quality modern eye level cabinets and base units and drawers with work surfaces over. There is an inset sink, electronic hob, with extractor over, double oven, microwave, dishwasher, fridge/freezer.

Bedroom One
18' x 11' 5" ( 5.49m x 3.48m )
A double room with two windows to the rear and a built in double wardrobes.

En-Suite
A modern ensuite with shower, wash hand basin and wc.

Bedroom Two
A double room with two windows to the front and a built in double wardrobe.

Bathroom
A modern Bathroom with bath,two wash hand basins and wc.

Utilities, rights & restrictions

Utility Supply:

  • ElectricityMains Supply
  • WaterMains Supply
  • HeatingElectric
  • BroadbandFTTC
  • SewerageMains Supply

Rights & Restrictions:

  • Private rights of wayfalse
  • Public rights of wayfalse
  • Listed propertyfalse
  • Restrictionsfalse

Risks:

  • Flooded in last 5 yearsfalse
  • Flood defencesContact branch
  • Source of floodContact branch

Guidance Notes

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Valuation Type

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PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. *THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 31/12/2024 AND IS CORRECT AS AT 13/02/2025.

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.