Fantastically located for easy access to the town centre and its many amenities, this well presented, spacious FIRST FLOOR RETIREMENT APARTMENT overlooking Communal Gardens benefits from a table service restaurant, laundry, residents lounge, function room, communal parking, passenger lift and estate manager is ready to move straight into. CHAIN FREE.
EPC Rating: B. Council Tax Band:B. LEASEHOLD.

FOR SALE BY ONLINE CONDITIONAL AUCTION

For sale via Keller Williams Online Auction powered by Bamboo Auctions.

Auction end date and time: 28 February 2024 at 13.00 p.m.

The auction will be exclusively available online via our website including the legal pack information. Please check the legal documents for further information and any additional fees.

The registration process is extremely simple and free. Please visit our website, and click on the 'online auction' tab.

A 'register' button can be found on this page or by clicking into the individual listing. Or contact Saul Roux Scrivener - Keller Williams for a link to allow you to do this.(Quote SRK if calling)

Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details
Stage 4) You are ready to bid - Good Luck!

No deposit monies are required before you bid.

Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.

A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.

Reservation Fee

The successful purchaser(s) will be liable to pay an additional “reservation fee” of £3,000 plus VAT (£3,600 inclusive of VAT).

If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above).

All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement.

To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction.

The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer.

If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

Some Vendors may consider offers prior to the auction. These offers can only be submitted via Saul Roux Scrivener - Keller Williams and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.
Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.

Property Information

Introduction
Foxhall Court was constructed in 2009 by McCarthy & Stone, one of the leading specialists in retirement living.

Foxhall Court comprises 56, one and two bedroom apartments, and is a McCarthy & Stone’s Retirement Living PLUS Scheme development. An Estate manager is on site during the day to run the site Monday to Friday, within the service charge homeowners are allocated 1 hour’s domestic assistance (cleaning) per week and additional hours can be arranged by appointment.

There is a convenient subsidised restaurant serving food at lunchtime.

The development has 24 Hour CCTV and secure entry phone system, ample communal parking, attractive communal gardens and within there is a communal lounge, function room, restaurant, laundry room with washing machines and clothes dryers, electric mobility scooter storeroom and refuse store.

The Estate Manager is on site Monday to Friday 9.00 a.m. to 4.00 p.m. and within the apartment there are emergency pull cords linked to a call centre.

A Guest Suite can be booked for visitors if required at very reasonable rates currently of £25 per night. Security to the building is provided by Entry phone access at the main communal entrance. There is a good friendly community feel within the development and various functions, and events are organised for those who wish to become involved in any social activities.

Those who are active will benefit most from the central location that makes it easy to access the town’s amenities.

Wonderfully situated for those wishing to take advantage of its location, close by within Banbury are a wide range of amenities including: supermarkets (M&S, Waitrose, Sainsburys, Tesco, Aldi, and Lidl), a wide range of shops, shopping centre with a canal side extension, restaurants, coffee shops and cafes, ten pin bowling and cinema. Sports centre and gyms, so you should never be stuck for things to do, and you are within walking distance of People’s Park.

For commuting, Banbury has rail links to London, Oxford, Bicester, Stratford-upon-Avon, and Birmingham. There is also a town centre bus station and Banbury is on J11 of the M40 motorway.

The apartment is decorated in neutral tones and is well presented and is effectively ready to move into with very little to do.

Property Summary

• Quote Reference: SRK when inquiring
• First Floor Retirement Apartment
• Close to Town Centre
• Table Service Restaurant
• Communal Passenger Lifts & Stairs
• Double Bedroom with fitted wardrobe
• Spacious Living/Dining Room
• Kitchen with integrated appliances
• Wet Room (Bath & Shower)
• PVCu Double Glazed Windows
• Electric Heating

Tenure: Leasehold
Term: 125 years from 1 January 2009 (100 years remaining)
Service Charge: £712.07 per calendar month as at September 2023/24

Service Charge Breakdown:
• Cleaning of communal windows
• Water rates for communal areas and apartments
• Electricity, heating, lighting, and power to communal areas
• 24 hour emergency call system
• Upkeep of gardens and grounds
• Repairs and maintenance to the interior and exterior communal areas
• Contingency fund including internal and external redecoration of communal areas
• Buildings insurance
The Service charge does not cover external costs such as your Council Tax, electricity, or TV.

Ground Rent: £217.50 paid twice yearly (2023/24)
Age Restrictions: Residents must be over 60 years of age.
Car Parking: Communal and visitor parking is available.
EPC Rating: Band B

Description

A level pathway leads through the well planted communal gardens with seating areas to:
Communal Entrance with entry phone system with communal stairs, and passenger lifts rising to first floor communal landing where a private entrance door leads to the apartment. A passenger lift and door to the communal stairs are conveniently located nearby to the apartment.

First Floor

Private Entrance Hall from the communal landing a door gives access to the private entrance hall where there is an airing/storage cupboard housing the pressurised hot water tank, electric consumer board and providing space for a vacuum cleaner and ironing board. Doors to:

Living/Dining Room is a generous sized room located at the rear of the apartment overlooking the Communal Garden and is a light and airy room with a window to the rear aspect and provides space for seating, dining table and further furniture. From here obscure glazed double doors lead to:

Kitchen fitted with laminate worksurfaces with inset stainless steel sink with chrome mixer tap with window overlooking the Communal Garden. Range of light timber effect laminate fronted base and wall units comprising cupboards, drawers, and wine racks. Integrated fridge, separate freezer, four ring ceramic hob with extractor hood over and single oven.

Bedroom 1 is located at the rear of the property and is a good sized double bedroom with a fitted wardrobe that has space for a king sized bed and bedroom furniture with a window to the rear aspect overlooking the Communal Garden.

Wet Room a spacious room making it easy for wheelchair access if needed, having a shower area, W.C., and vanity unit with inset sink with fitted mirror with strip light over and ceramic tiling to full wall height and a paneled bath.

Outside

Communal Gardens landscaped with seating areas and facing approximately south making this a nice sunny space to relax.

Communal Parking & Visitor Parking

Material Information

Part A
Council Tax: Band B (£1,762.34 - 2023/24)
Asking Price: £80,000
Tenure: Leasehold
Term: 125 years from 1 January 2009 (100 years remaining) Service Charge: £712.07 per calendar month as at September 2023/24
Ground Rent: £217.50 paid twice yearly (2023/24)

Part B
Property Type: Retirement Apartment – Purpose Built
Property Construction: Traditional Construction - Brick
Number and types of room: See Floor Plan & Description
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating: Electric
Broadband: ASDL (Cooper phone line)
Parking: Communal Parking

Part C
Building Safety:
Restrictions: Yes
Rights and easements: Yes
Flood Risk: Rivers/Sea: Very Low Risk. Surface Water: Meduim Risk. Reservoir: Unlikely Groundwater: Unlikely
Coastal erosion risk: N/A
Planning permission: No planning applications on the subject property since new.
Accessibilty/adaptions: Passenger lift, adaptions to Wet Room, wheelchair accessible.
Coalfield or mining area: N/A

Location

Banbury is Oxfordshire’s most northerly town and has a vibrant town centre offering many amenities. The town has a main line railway station, and a canal and river pass through it. The Castle Quay Shopping Centre has recently been extended alongside the Oxford Canal and brings a new cinema, restaurant and bar with terrace overlooking the canal. Surrounding the town are some lovely villages and countryside and historic homes including Broughton Castle, Upton House, Sulgrave Manor and Canons Ashby. Golf courses at Tadmarton Heath, Chacombe, Rye Hill (Milcombe) and Feldon Valley (Lower Brailes).

Convenient road access to M40 motorway (J11). Rail links to London at Banbury (approximately 65 minutes to London Marylebone).

Useful information

Heating: Electric Radiator and Panel Heating

Windows: PVCu Double Glazed.

Services: Mains: Water & Electric. Drainage: Mains

Council Tax Band: B (£1,762.34 - 2023/24)

Other Nearby Towns: Oxford (26 miles), Stratford Upon Avon (20 miles), Bicester (15 miles), (Milton Keynes (31 miles), (all distances approximate)

Town population: 46 853 (2011 Census)

Rail Links From Banbury: London Marylebone (approximately 65 minutes), Birmingham International Airport (approximately 40 minutes), Birmingham New Street (approximately 47 minutes), Oxford (approximately 18 minutes),

Motorway Links: Convenient road access to and M40 (J11) motorways and M1 (J15)

EPC Rating: B

Local Authority: Cherwell District Council

Viewing Arrangements

Strictly via the vendors sole agents, please contact Saul Roux Scrivener MRICS – Keller Williams

Website

For more information visit
Directions

From Banbury Cross proceed in a northerly direction though Horsefair onto North Bar Street continue over the traffic lights onto the Southam Road turning right into School Lane and then take the first right, then the next right turning left into right again into Foxhall Court where communal and visitor parking is available.

OPENING HOURS

Monday to Friday 9.00 am – 7.00 pm.

Saturday 9.00 am - 4.00 pm.

Sunday By appointment.

AGENTS NOTES

All measurements are approximate and quoted in metric with imperial equivalents and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on. The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. Photographs are reproduced for general information, and it must not be inferred that any item shown is included with the property. For a free valuation, contact the numbers listed on the brochure.

All boundaries indicated on plans are approximate and should be verified with your Solicitor.
All school catchments should be verified and not relied on.

DISCLAIMER
All information relating to this property, including descriptions, pictures and other related information has been provided by Keller Willams UK Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information. These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.

Leasehold Information

Number of years remaining on the lease: 111 years

Current ground rent and any review period:
- £435 per year
- 1 year

Current service charge and any review period:
- £713 per month
- 1 year

Council tax band: B