* Leasehold
* Double bedroom with built in wardrobe, bathroom with shower
* Living room with Juliet balcony
* Kitchen with appliances
* Allocated parking space
* Short walking distance to town centre, train and bus station
* Quick drive to M40 J11
This light and airy top floor 1 bedroom apartment with parking is close to
local shops, train station and walking distance to town centre.
It is also a short walk from Spiceball Park, Banbury reservoir and nature
reserve.
The anticipated rental income of £750pcm would see the property achieve a
gross yield of 7. 2% for any investor. The current rent (£685) would represent
6. 6% yield.
The lease is currently 955 years, the ground rent and service charges are
£78. 98 per month, with no ground rent.