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See how verdicts work2-bedroom house · OX16 2PA
For saleReduced £35k (−25%) on 25 OctListed 381 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented retirement apartment in this popular canalside development within easy walking distance of all daily amenities Situation - BANBURY is conveniently located only two miles from Junction 11 of the M40, putting Oxford (23 miles), Birmingham (43 miles), London (78 miles) and of course the rest of the motorway network within easy reach.
There are regular trains from Banbury to London Marylebone (55 mins) and Birmingham Snow Hill (55 mins). Birmingham International airport is 42 miles away for UK, European and New York flights.
Some very attractive countryside surrounds and many places of historical interest are within easy reach.
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: * A relatively rare opportunity to acquire one of the few two bedroom apartments in Chamberlaine Court with double aspect main bedroom.
* This exceptionally well presented second floor apartment has been recently updated.
* Ideally located within easy walking distance of the town centre and all daily amenities including a supermarket only yards from the property and leisure facilities including multi screen cinema at The Light just along the canal.
* Hall with door to built-in storage cupboard and separate built-in airing cupboard, hatch to loft. * Living room with bay window to front, fitted electric fire, archway to the kitchen.
* Kitchen which has recently been refitted with a range of white gloss units incorporating a built-in high oven and fitted microwave, separate ceramic hob and extractor over, space for fridge/freezer, retro tiling.
* Double aspect main bedroom with windows to front and side. * Second single bedroom with window to front.
* Refitted shower room with a white suite comprising large walk-in shower with fully tiled surround, semi recessed wash hand basin with cupboard under and WC, window, ceramic tiled floor, heated towel rail.
* House Manager, communal lounge with doors to garden, kitchenette, communal laundry with access to the gardens, lovely canalside communal south facing gardens to side and rear.
* Communal off street parking with security barrier. * Centralised emergency system via pull cords in the apartment. Local Authority - Cherwell District Council. Council tax band B.
* Guest suite available by reservation. Services - All mains services are connected with the exception of gas. Heating is by way of electric night storage. Tenure - Leasehold.
120 year lease which commenced on 24th June 1993. Service charge £4,119.26 per annum. Ground rent £712.02 per annum. Viewing - Strictly by prior arrangement with the Sole Agents Anker & Partners.
Energy Rating: C - A copy of the full Energy Performance Certificate is available on request.
Anti Money Laundering Regulations - In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (AML) check.
An administration fee of £30 plus VAT per applicant will apply. This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs

FAQ
About Chamberlaine Court, Spiceball Park Road, Banbury
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