Summary - 191 RELIANCE WAY OXFORD OX4 2FW
2 bed 1 bath Flat
Affordable 40% shared-ownership two-bed with parking — low deposit entry to Oxford living.
Allocated off-street parking for one vehicle
Top-floor two-bedroom flat, approx. 680 sq ft
Available as 40% Shared Ownership; 5% minimum deposit on share
Monthly rent £703.83; service charge £143.81; total monthly £847.64
EPC energy rating E; environmental rating C
High local crime levels and slow broadband speeds
Lease c.170 years; seller intends lease extension (conveyancer fees possible)
Electric underfloor heating; some interior modernisation may be needed
A bright two-bedroom top-floor flat in OX4 offered via Shared Ownership, aimed at first-time buyers seeking an affordable route onto the property ladder. The home includes an allocated off-street parking space, two bedrooms, separate kitchen and living room, and electric underfloor heating. The lease is long (about 170 years) and the property is sold as a 40% share, requiring a minimum 5% deposit on that share.
Monthly outgoings are a material consideration: the advertised 40% share carries a monthly rent of £703.83 and an average service charge of £143.81 (total monthly charge £847.64), with an annual rent increase each April. There will be charges payable to the landlord on completion, and the seller intends to extend the lease alongside the sale—your conveyancer may charge to review the extension deed. EPC rating is band E (environment) with a C in environmental impact.
The location is practical for local amenities, parks (Florence Park and South Park within ten minutes), healthcare and bus routes into central Oxford; Oxford station is about 20 minutes by bus or car. The neighbourhood is a multicultural, student-heavy area with good mobile signal but slow broadband speeds and higher-than-average crime statistics—factors to weigh for families or long-term owner-occupiers.
This property suits a first-time buyer or investor looking for an entry-price home with immediate access to the city and scope to personalise. Expect modest interior updating and modernisation in places; the flat is average-sized (around 680 sq ft) and was built in the early 2000s, with double glazing and electric heating already installed.
2 bedroom flat for sale in Harefields, Oxford, Oxfordshire, OX2 — £187,500 • 2 bed • 1 bath • 709 ft²
2 bedroom apartment for sale in Egrove Close, Oxford, OX1 — £90,000 • 2 bed • 1 bath • 679 ft²
2 bedroom flat for sale in New Hinksey, Oxford, OX1 — £90,000 • 2 bed • 1 bath • 678 ft²
1 bedroom flat for sale in East Oxford, Oxford, OX4 — £150,000 • 1 bed • 1 bath • 436 ft²
1 bedroom flat for sale in Greater Leys, Oxford, OX4 — £102,500 • 1 bed • 1 bath • 510 ft²
2 bedroom apartment for sale in Armstrong Road, Littlemore, Oxford, OX4 — £140,000 • 2 bed • 2 bath • 800 ft²
