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2 bedroom apartment for sale
Reliance Way, East Oxford
£350,000
Reliance Way, East Oxford
£350,000
Our Summary
- Available as a profitable investment opportunity with tenants in situ until August 2025 generating a gross yeild of 6%
Description
This spacious ground floor apartment in the sought-after Reliance Way development offers a bright and open aspect with French doors from the sitting room, overlooking the front. The property, built by Berkeley Homes in 2006, features a hallway, kitchen/sitting room with garden access, two bedrooms, including an en-suite master bedroom, and a large family bathroom. With an allocated parking space and extra visitor parking nearby, as well as a secure bicycle store, this apartment is a great investment opportunity, currently generating a gross yield of 6% with tenants in situ until August 2025. The property is held on a 125-year lease from 2006, with a service charge of £2,376 per annum and a ground rent of £100 per annum. Located in a popular development near Cowley Road and East Oxford, the apartment is within easy reach of the business park and ring road, with a regular bus service to the city centre and Cowley centre.