2-bedroom flat · OX16 9HQ
For saleListed 163 days
Opportunity summary
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About
Chancellors are delighted to be able to present to the open market this very well proportioned and well presented first floor retirement apartment located in a desirable and convenient location on the edge of the town centre boundary access the Peoples park.
The apartment boasts a Juliet balcony.
Park gardens offers a variety of opportunities to take up a new hobby, make new friends and get involved in a range of activities whenever you like, right on your doorstep.
Retirement Living is all about doing the things that you want to do when you want to do them.
Communal facilities include café bistro, lounge, activity studio, gym, hair and beauty salon The market town of Banbury is the ideal setting for your new retirement home, Park Gardens is less than a mile from the town centre with its fantastic range of shops, pubs and restaurants plus places of interest such as The Oxford Canal and Tooley's Boatyard.
A floorplan has been prepared to show the dimensions and layout of the property as detailed below.
Some of the main features are as follows: * An exceptionally spacious and very well appointed two bedroom retirement apartment in this desirable modern complex.
* Situated adjacent to People's Park in a very convenient location within easy walking distance of the town centre.
* A wonderful range of communal facilities in a welcoming atmosphere including a bistro on the ground floor and a range of activities including social afternoon tea, coffee mornings, bingo, fitness and Zumba classes, art classes.
* Large hall with built-in storage cupboards and airing cupboard. * A particularly spacious main bedroom with built-in wardrobes. * Second double bedroom.
* Very spacious wet room with large accessible fully tiled shower area, sei recessed wash hand basin with cupboards under, WC, heated towel rail, fully tiled walls, non-slip flooring.
* Communal garden area with greenhouse and raised beds which residents can tend by permission. * Large parking area where space can be reserved for a monthly charge of £30.
* We understand that dog owners may bring their current dog by permission although they may not be able to replace that with another one at a later date.
* Guest suite available by reservation at an extra charge. * We understand that care is available and will be charged for accordingly.
* Emergency assistance is available 24/7 and there is a House Manager during office hours daily.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 38, Park Gardens, Banbury
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