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£380,000

Reliance Way, East Oxford, OX4

  • 2 beds
Flat

£380,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,735 per month

Minimum deposit amount:

£19,000
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Spacious ground floor apartment with french doors from the sitting room and bright, open aspect in this sought after development close to vibrant Cowley Road. Available as an ongoing investment with tenants in situ until August 2025 generating a gross yeild of 5.5%. Constructed in 2006 by Berkeley Homes this two bedroom apartment is in a wonderful position with an open aspect to the front. The accommodation comprises a spacious hallway, a light and bright kitchen/sitting room with doors opening onto a small area of garden, an en-suite master bedroom with built in wardrobes, second double bedroom and a family bathroom with separate shower. There is an allocated parking space along with extra visitor parking nearby in addition to a secure bicycle store. The property is held on a 125 years from 2006, the service charge is currently £2,376.00 per annum and there is a ground rent of £100.00 per annum payable. Reliance Way is a popular development well placed within easy reach of the Cowley Road and within ever popular East Oxford. The property is less than a mile from the business park and just over 1.25 miles from the ring road. There is a regular bus service from the main road to both the city centre and Cowley centre. Agents Note: Photography prepared pre-tenancy in 2018.

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