This property is no longer on the market
Studio
Key information
Property description & features
- Tenure: Leasehold (95 years remaining)
- Quote Reference: SRK when inquiring
- Studio Apartment
- Popular Village with amenities
- Character Accommodation
- Private Entrance Hall
- Bed Sitting Room
- Kitchen
- Shower Room
- Allocated Parking
- Communal Gardens
How about making your tenants feel like the Lord or Lady of the Manor, and let them enjoy the location that such a property offers in a tranquil spot with communal gardens over-looking fields but on a small purse, sound interesting?
Well then this could be just what you are looking for especially as it is located within a well served village within easy reach of village shops, pubs, Indian restaurant, Sainsbury’s, gym, cricket and rugby club making it always popular with the professional tenant.
Even more appealing for investors is the fact that the property will raise you income immediately you complete as there is currently a tenant in situ so you don’t need to worry about initial void periods and can start collecting rent from the outset.
• Quote Reference: SRK when inquiring
• Studio Apartment
• Popular Village with amenities
• Character Accommodation
• Private Entrance Hall
• Bed Sitting Room
• Kitchen
• Shower Room
• Allocated Parking
• Communal Gardens
Title: Leasehold
Council Tax Band A
EPC Rating: Band D
Lease Details
Length of Lease: 99 years from 5 April 2019 (95 years remaining)
Service Charge: £627.52 per annum (1st Jan 2023 – 31 Dec 2023)
Ground Rent: £140 per annum (rising £140 every 25 years)
Existing Tenancy Details
The property is currently subject to an Assured Shorthold Tenancy to a salaried individual who was referenced through Homelet.
Tenancy Term: 12 months
Start Date: 22 June 2023
End Date: 21 June 2024
Rent: £650 per calendar month
Description
From the communal entrance door stairs rise to the first floor landing where a private entrance door gives access to:
Entrance Hall
Providing coat hanging space and shelving with doors leading to:
Kitchen
Fitted modern kitchen having laminate worksurfaces with inset stainless steel single drainer sink with mixer tap. Range of cream laminate fronted base units comprising cupboards and drawers. Four ring ceramic hob with brushed stainless steel splash back with extractor hood over. Washing machine (maintenance responsibility of the tenant). Fridge.
Bedsitting Room
A character reception room having a large bay window to the front aspect with a deep window ledge providing ample space for seating and small dining table. There are exposed pine floorboards throughout this room and a functional fireplace provides the ideal backdrop to relaxing in front of the fire in the winter time. (Tenant to have the chimney swept every year and certificate to be produced to Landlord). Fitted Cupboard. Telephone point. Electric storage heater. Steps to mezzanine providing a raised sleeping area with space for a double mattress. From the Bedsitting room a door gives access to:
Shower Room
Three piece white suite comprising shower cubicle with bi fold doors and electric shower, sink and pedestal and W.C. Bathroom cupboard and glass shelf. Ceramic tiled floor. Recessed ceiling spotlights. Leaded glass window.
Outside
Communal Gardens to rear with views to fields.
Allocated Parking. Visitor Parking.
Wheelie Bin store.
Location
Bodicote is Banbury’s nearest southerly village and is ideally positioned for access to the town and amenities, main line rail links to Oxford, Birmingham, and London.
The village is well served village hall, playing field and playground, church, pubs, shops, farm shops, gym, cricket and rugby club and primary school.
Convenient road access to M40 motorway (J11). Rail links to London at Banbury (approximately 65 minutes to London Marylebone), Milton Keynes (approximately 33 minutes to London Euston), Bicester North (56 minutes to London Marylebone) & Bicester Village (approximately 51 minutes to London Marylebone).
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 southerly direction through South Bar Street onto the Oxford Road exiting the town and proceed to turn right onto Weeping Cross, left into Keyser Road where towards the end of this road a private driveway gives access to The Red House where visitor parking is available.
230911
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 and 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.
Leasehold Information
Number of years remaining on the lease: 95 years
Current ground rent and any review period:
- £140 per year
- 25 years
Current service charge and any review period:
- £628 per year
- 1 year
Council tax band: A
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on February 21, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 21, 2022
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