1 bedroom flat for sale

Reliance Way, Oxford, Oxfordshire, OX4

Shared ownership £104,000

Property Description

Key features

  • *104,000 for a 40% share*
  • Only 5,200 for a 5% deposit!
  • 40% share available under the shared ownership scheme
  • Viewing is highly recommended
  • Excellent starter home
  • Allocated parking
  • Walking distance to public transport
  • Easy access to Cowley Road and Oxford Station
  • You can purchase more shares up to 100% when the time is right for you

Full description

***Please quote REL4187 when enquiring.***

- Introduction -
Looking to step on the property ladder? Struggling to save for a deposit? This 1 bed flat in Oxford is just the answer! A 5% deposit is just £5,200, can you afford to miss it? You'll have an abundance of convenience right on your doorstep!

- What the owner says -
"Situated just off Cowley Road. Bus stop to the front of the development provides easy access to Oxford City Centre, the business parks and the bars and restaurants on Cowley Road. Quiet, residential street. Large living/dining area, large bedroom, very light, lots of storage."

- Full Description -
- 1 bedroom flat (third floor).
- Entrance hall way benefits from storage cupboards and a telephone entry system.
- Living room (5.97m x 3.35m) with a window to the front aspect with views of Southfield Golf Course.
- Kitchen has matching wall and base units and contrasting worktops. Electric hob and cooker.
- Bedroom (3.86m x 3.16m) with a window to the front aspect.
- Bathroom has a bath with overhead shower, wash hand basin and WC.
- Carpets are fitted throughout living areas. Vinyl is laid to the kitchen and bathroom. Underfloor heating is fitted throughout.
- Electric heating.
- Communal grounds and access to a secure bike shed.
- Secure allocated parking.

- Costs -
1 BEDROOM FLAT (THIRD FLOOR)
PRICE - £104,000*
RENT - £477.74pm
SERVICE CHARGE - £120.30**
*This represents a 40% share of the full open market value of £260,000
**This includes: management charge, service charge and sinking fund. Rent and service charges are reviewed annually.

- Eligibility Requirements -
The minimum household income requirement for this property is £31,319^.
If you will be obtaining a mortgage you will need at least £5,200 in savings (i.e. a 5% deposit).

If you will be purchasing with a mortgage you must provide us with an Agreement in Principle (AIP) to support your application. Evidence in support of your AIP (or proof of funds if cash buyers) must also be provided. Further details available on request.

In order to apply you must be registered with the local Help to Buy Agent - Help to Buy South, You will need to provide your HTB reference when completing the application process.

^If your deposit is more than 5% the minimum income requirements may be less. Please contact us for further details.

- General Information -
Tenure: Leasehold
Lease: 99 years from 10 November 2006
Years remaining on lease: 86 approx.
Approximate internal area: 51 sq. m.
Local Authority: Oxford City Council
Council Tax Band: C
EPC Rating: C (79)

- Terms and Conditions -
***Applicants must have a local connection to Oxford and be registered with Help to Buy South. Priority is given to first time buyers. Current home owners must have a sale agreed to apply.***

- Viewings -
Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
22 November 2019

Nearest stations

  • Oxford (2.2 mi)
  • Radley (3.9 mi)
  • Oxford Parkway (4.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

0191 687 0268 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Oxford (2.2 mi)
  • Radley (3.9 mi)
  • Oxford Parkway (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

0191 687 0268 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference REL4187. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Home Group, Re-Sales, Farringdon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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