London Home Show, September 27th
|

2 bedroom apartment for sale

Available

Reliance Way, Oxford, OX4 2FW

£112,000 · Shared Ownership Resale

Share percentage 40%, full price £280,000, £5,600 Min Deposit.

Available
2 bedrooms
£112,000 Shared Ownership Resale

Share percentage 40%, full price £280,000, £5,600 Min Deposit

Monthly Cost: £1,448
Rent £704, Service charge £136, Mortgage £608*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

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Summary

A 2 bed shared ownership property available in Oxford, Oxfordshire

Description

This home has been created by Home Group, a registered housing provider in the UK. SO Resi is acting on behalf of Home Group to bring this property to the market.

Bright and spacious two-bedroom flat now available in Oxford, through Shared Ownership.

The property comprises an entrance hall, living room, separate kitchen, two bedrooms and one bathroom.

The property is on the top floor, offering residents an allocated parking spot.

This property is advertised at an extended lease length as the seller has confirmed their intention to extend the lease alongside the sale. Your conveyancer may charge a fee to review the extension deed.

There will be charges payable to the landlord upon completion. Please enquire for further information.

Available for £112,000 for 40% share based on the marketing figure of £280,000.

Monthly rent - £703.83
Monthly Service Charge - £136.31
Total Monthly Charge - £840.14 plus mortgage required for 40% share.

An annual rent increase takes place every April

Location

The property offers access to local amenities within a 10–15 minute walk. You'll find several local supermarkets, as well as local gyms and fitness centres.

Florence Park and South Park are nearby green spaces ideal for outdoor activities, both reachable in under 10 minutes. Healthcare is well-covered with Donnington Medical Partnership just 0.5 miles away and Warneford Hospital within a 15-minute drive.

Transport links are convenient, with regular bus services from nearby Cowley Road and Oxford Rail Station approximately 20 minutes away by bus or car. Direct trains to London Paddington take around 55–60 minutes from Oxford Station, making it a practical location for commuters.

The area is also well-served by cycle paths and local shops, cafes, and schools, creating a well-rounded and accessible community.

EPC rating

Energy rating band - E

Environmental rating band - C

Lease information

Years remaining on lease: 170

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

Other information

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.

Key Features
  • Two-bedroom flat
  • Allocated parking
  • Top floor
  • Local amenities nearby
  • Available for 40% share
  • 5% minimum deposit only
Particulars

Tenure: Leasehold
Lease Length: 170 years
Council Tax Band: Not specified

Property Downloads
Key Information Document
Map
Oxford (2.18 miles) Radley (3.87 miles) Oxford Parkway (4.90 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£112,000
Shared Ownership Resale
Estimated Monthly Cost:£1,448
Rent £704
Service Charge £136
Mortgage £608

Share percentage 40%, full price £280,000, £5,600 Min Deposit. Calculated using a representative rate of 4.78%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent 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.