A well presented two double bedroom second floor apartment ideally located in the centre of Banbury with secure, gated parking and elevator. The apartment is being offered for sale with a tenant in situ meaning investor buyers will be earning from day one of their purchase.
Lease information - The apartment is offered for sale on a Leasehold Title. People's Place were offered with 125 year leases from new in 2005 so they have approximately 105 years remaining. We understand that the service charge is £1526.80 paid annually to Brown & Co while the ground rent is £50 paid annually to SIMARC.