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Location
Alexandra Place, South Lake Crescent, Woodley, Reading, RG5 3DW
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Buying options
Shared Ownership
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Full value
£160,000
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Share value
(75%) £120,000
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Bedrooms
1
Property reference number: 1640075
This is an over 55's accommodation. All applicants need to be approved by the extra care panel at Wokingham Council.
A stylish 1-bedroom apartment with a balcony and communal garden in Woodley, Reading. Available through Shared Ownership from £120,000 for a 75% share of £160,000.
This modern home features a bright and airy bedroom with a fitted wardrobe, a contemporary kitchen with integrated appliances (hob and oven), and underfloor heating throughout for added comfort. The property also benefits from a private balcony and access to a well-maintained communal garden.
Located in the sought-after South Lake Crescent area, you’ll enjoy easy access to local amenities and scenic walks around Southlake. Reading town centre is just a short bus journey away, offering a vibrant mix of shops, restaurants, and entertainment.
Closest stations: Earley (1.1 miles)
Bus routes nearby: 14, 13, 19c
Key features:
- 1 bedroom with fitted wardrobe
- Private balcony
- Communal garden
- Underfloor heating
- Integrated kitchen appliances - Hob and oven
- Freestanding appliances - Washing machine and fridge freezer
Financial information
Tenure: Leasehold
Remaining lease term: 111 years
Annual ground rent amount: £0
Ground rent review period: Applicable upon final staircasing
Annual service charge amount: £5,236.92
Service charge review period: Annually
Council tax band: C
*Financial information correct as of 03/12/2025
Financials
| Financials | |
|---|---|
| Full Value | £160,000 |
| Share Percentage | 75% |
| Share Value | £120,000 |
| Monthly Mortgage | £675.00 |
| Minimum Household Income | £33,500 |
| Maximum Household Income | £80,000 |
| Deposit Required | £12,000 |