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£120,000

1 bed flat for sale

School Lane, Banbury OX16

  • Retirement

  • Leasehold

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: B

Key information

  • Tenure

    Leasehold (109 years)

  • Service charge

    £3,308 per year

  • Council tax band

    B

  • Ground rent

    £763

  • Ground rent date of next review

McCarthy Stone - RESALES

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About this property

  • First floor apartment

  • Modern kitchen with built in appliances

  • Double bedroom with fitted wardrobe

  • Shower room

  • House Manager

  • Communal gardens

  • Communal lounge

  • Pets welcome

  • 24-hour emergency response system

  • Part Exchange available

Welcome to this charming retirement apartment located on School Lane in Banbury. This delightful property boasts a cosy reception room, a comfortable bedroom, and a convenient bathroom. Perfect for those over 60, this apartment offers serene views over the beautifully landscaped gardens. Don't miss the opportunity to make this your peaceful retreat in the heart of Banbury.

Merisham Court

Merisham Court, constructed and managed by the retirement specialists McCarthy Stone, is tailored for modern living. A dedicated House Manager is available on-site during working hours to assist residents and ensure they feel at home. The service charge alleviates the burden of maintenance costs, covering all external maintenance, gardening, landscaping, external window cleaning, buildings insurance, water rates, and security systems. Additionally, the service charge includes energy costs for the laundry room, homeowners' lounge, and other communal areas.

For peace of mind, Merisham Court features secure entry and 24-hour emergency call systems for any assistance required. The Homeowners' Lounge offers a comfortable space to socialize with friends and family. Guests traveling from afar can extend their stay in the Guest Suite, available for a nominal fee of £25 per night, subject to availability.

The development fosters a friendly community atmosphere, making it easy to make new friends and lead a busy, fulfilled life. A variety of regular activities are available, allowing homeowners the flexibility to participate as they wish. Communal facilities include a homeowners' lounge, scooter store, and landscaped gardens.

Residents must meet the age requirement of 60 years or over to purchase a property at Merisham Court.

Local Area

Banbury is a charming market town situated on the River Cherwell in Northern Oxfordshire, serving as a bustling commercial and retail hub at the edge of the picturesque Cotswolds. The town offers something for everyone, with the town center just a short walk away, where you’ll find the Castle Quay Shopping Centre boasting a wide array of shops.

Recently, the town has seen the addition of the Castle Quay Waterfront, a 55,000-square-foot entertainment space spread over three floors. This new development includes a 7-screen cinema, a 10-lane bowling alley, and numerous other activities and restaurants to suit all tastes. Whether you’re looking to shop, dine, or enjoy a variety of entertainment options, Banbury has it all.

Entrance Hall

The front door features a spy hole and a letter box. From the hall, you can access the storage/airing cupboard. Doors from the hall lead to the living room, bedroom, and shower room.

Living Room

The bright and spacious living room is designed to allow natural light to flood in, offering delightful views over the communal gardens. An electric fire with a feature surround provides an attractive focal point. The room is equipped with TV points featuring Sky connectivity, telephone points, and several power points. Glazed double doors lead into the separate kitchen.

Kitchen

Fully fitted kitchen with a range of wall and base units. A stainless steel sink unit, with mixer tap and drainer, sits beneath a double glazed window with roller blind. Four ringed induction hob with extractor hood above. Integrated fridge/freezer. Built in fan oven. Tiled floor.

Bedroom

This generous-sized room features a double-glazed window and a central ceiling light fitting. It includes TV and telephone points, multiple power points, and a built-in wardrobe with a mirror-fronted door.

Bathroom

This modern fitted bathroom is fully tiled and includes a bath with shower over and screen, support rails, a WC, and a vanity unit with an inset wash hand basin and a fitted mirror above. For added safety, there is an emergency pull-cord.

Service Charge

•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

Annual Service Charge: £3,309.20 for financial year ending 31/3/2025. The Service charge does not cover external costs such as your Council Tax, electricity or TV, but does include the cost of your House Manager, your water rates, our 24-hour emergency call system, the heating and maintenance of all communal areas, exterior property maintenance and gardening. To find out more about the service charges please contact your Property Consultant or House Manager.

Car Parking

There is no allocated parking at Merisham Court. All parking bays are first come, first served.

Lease Information

125 years from 1st Jan 2009.

Ground Rent

Annual charge: £763.22. Review date 1st Jan 2039.

Additional Information & Services

• SuperFast Broadband available
• Mains water and electricity
• Electric room heating
• Mains drainage

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Property descriptions and related information displayed on this page are marketing materials provided by - McCarthy Stone - RESALES. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact McCarthy Stone - RESALES for full details and further information.