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About this property

***TWO BEDROOM, GROUND FLOOR APARTMENT IN PARK GARDENS OVER 55's***

Bairstow Eves are delighted to introduce this beautifully presented 75% shared ownership retirement apartment, located within Banbury’s most sought-after over-55s development, Park Gardens. Offering spacious accommodation and a superb range of communal facilities, this property combines comfort, convenience, and community living.

The apartment features a generous entrance hallway with two useful storage cupboards leading to all rooms. The master bedroom is a large double with a built-in wardrobe and views over the communal gardens, while the second bedroom provides additional space for guests or hobbies. A modern wet room includes a shower, vanity unit, W.C., and heated towel rail. The light-filled sitting room with a sliding patio door opening onto a patio and the gardens, a contemporary kitchen fitted with integrated appliances including dishwasher, washing machine, fridge/freezer, electric hob, oven, and microwave.

Ownership details include a 75% share priced at £187,500, with a lease of 143 years remaining. Ground rent is £250 per annum, and the monthly service charge of £598.61 includes rent. There is no additional rent due as you will own 75% and this falls into the Older Persons shared ownership rules (Gov website confirmed).

Park Gardens offers exceptional facilities including a welcoming foyer, on-site bistro, hair salon, gym, and a vibrant social calendar with coffee mornings, movie nights, and fitness classes. There is also a guest apartment with twin beds available at request.

This property is available with no onward chain. Contact us today to arrange a viewing and experience the lifestyle Park Gardens has to offer.

Key information

Council Tax Band: B

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 143 years
  • Annual service charge: Contact branch
  • Annual ground rent: £250
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

Shared Ownership:

  • Share being sold: Contact branch
  • Rent payable: Contact branch
  • Utility supply:

    • Electric: Mains Supply
    • Water: Mains Supply
    • Heating: Double Glazing
    • Electric: Ask agent
    • Broadband: ADSL
    • Sewerage: Mains Supply

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    PARK GARDENS, Bath Road, Banbury, Oxfordshire, OX16 2 ground floor flat
    £
    £
    £
    Years
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    * Estimated monthly repayment: £...

    *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 a Countrywide Mortgage Services Consultant 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.

Agent details

Banbury

    25a High Street
    Banbury
    Oxfordshire
    OX16 5EG
Phone Icon Icon set Phone 01295410013

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Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.