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14, 15 & 16 Calthorpe Road, Banbury, Oxon OX16 5HS

THREE ADJOINING PROPERTIES IN NEED OF UPDATING ARRANGED AS 12 SELF CONTAINED FLATS

These three late victorian houses sit on the west side of Calthorpe Road in a suburban, mainly built-up residential location of pre-war housing to the south of Banbury town centre and on a sloping site. Banbury is known as a Garden City town situated on the west side of the M40 motorway between Birmingham in the north and Oxford in the south. Much expansion has taken place within the town since the arrival of the motorway over 20 years ago which has seen new shopping centres and trading estates developed. The main railway station is on the main North West coast line and the properties are within ½ mile of the town centre amenities. The 3 properties comprise of mid terraced dwellings each of four storeys. They have been converted into a total of 12 self-contained flats spread over the three buildings. The three basement flats all have separate entrances from the front via steps down to doors under the main access staircase. No. 14 Calthorpe Road is split into 6 flats with the accommodation spreading into the first and second floors of No. 15 which includes two further flats and No. 16 comprises of four self-contained flats. There is ample parking to the rear. The property is in need of complete updating throughout and is sold with full vacant possession. PLEASE NOTE THAT THIS LOT WILL NOT BE SOLD PRIOR TO AUCTION UNDER ANY CIRCUMSTANCES.

ACCOMMODATION

No.14 Flat A - Basement. One Bedroom approx 516sf Flat B - Ground Floor. One Bedroom approx 435sf Flat C - First Floor. One Bedroom approx 459sf Flat D - First Floor. Two Bedroom approx 536sf Flat E - Second Floor. One Bedroom approx 459sf Flat F - Second Floor. Two Bedroom approx 536sf No.15 Flat A - Basement. Two Bedroom approx 527sf Flat B - Ground Floor. One Bedroom approx 437sf No.16 Flat A - Basement. Two Bedroom approx 538sf Flat B - Ground Floor - One Bedroom approx 437sf Flat C - First Floor - Two Bedroom approx 570sf Flat D - Second Floor - Two Bedroom approx 570sf

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

Cherwell District Council 01295 227001 All Flats are Band A for Council Tax except Flat 16a that is Band B

VIEWING TIMES

Tuesday 27/9 @ 10am Wednesday 5/10 @ 11am Sunday 16/10 @ 11am Thursday 20/10 @ 4pm

NOTE

Please note the special conditions of sale provide that the purchaser is to pay an additional sum of 1.25% + VAT of the purchase price towards the vendor’s expenses.

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

1. Buyers Premium of £600 inclusive of VAT
2. Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
3. Stamp Duty - rates easily available on-line
4. Your solicitor fees and any survey fees
5. Insurance - it is your responsibility from the date of exchange to insure the property purchased.