• Location

    Alexandra Place, South Lake Crescent, Reading, Reading, RG5 3DW

  • Buying options

    Shared Ownership

  • Full value

    £210,000

  • Share value

    (75%) £157,500

  • Bedrooms

    2

Property reference number: 1639431

This property is in an older people's development for residents aged 55+.

This spacious 2-bedroom apartment is conveniently located in the heart of Reading just a 15-minute drive away from reading station, offering direct trains into London Paddington and beyond. 

With Woodley just a 13-minute walk away and Reading City Centre just an 18-minute drive away, you have access to a variety of restaurants, shops and cafes. On top of this, there's a Sainsburys local just an 8-minute drive away for everyday needs. 

For nature lovers, there is plenty outdoor spaces to explore including Dinton Pastures Country Park close by. 

Nearest stations: Reading Railway Station (6 miles)

Bus routes nearby: 13, 14

Key features: 

- Communal garden

- Private balcony 

- Secured bike storage 

- Underfloor heating 

- Fitted wardrobe in master bedroom 

Financial information 
Tenure: Leasehold 
Remaining lease term: 112 years 
Annual ground rent amount: £0
Ground rent review period: No ground rent to pay until final staircasing.
Annual service charge amount: £5,236.92
Service charge review period: Annually 
Council tax band: D

*Financial information correct as of 24/10/2024

Alexandra Place, South Lake Crescent, Reading, Reading, RG5 3DW

Financials

Financials
Full Value £210,000
Share Percentage 75%
Share Value £157,500
Monthly Mortgage £805.00
Minimum Household Income £42,000
Maximum Household Income £80,000
Deposit Required £15,750

Register your interest

To be eligible for Shared Ownership, your household income must be less than £90,000 when buying a home in London and £80,000 for homes outside of London)
You will need to have sufficient savings to cover the costs associated with buying a home such as moving and solicitor fees (estimated between £4,500 - £5,500 and your mortgage deposit)

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