• Location

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

  • Buying options

    Shared Ownership

  • Full value

    £160,000

  • Share value

    (75%) £120,000

  • Bedrooms

    1

Property reference number: 1640170

This is an over‑55s property. Priority will be given to applicants who live within the Borough of Wokingham.

A fantastic 1‑bedroom apartment with a private balcony at Alexandra Place in Woodley, Reading. Available through Shared Ownership from £120,000 for a 75% share of £160,000.

This well‑designed home features a bright double bedroom with a fitted wardrobe, a contemporary bathroom, a kitchen with integrated appliances, underfloor heating and floor‑to‑ceiling windows. The apartment also benefits from access to a communal garden and secure bike storage.

Located close to Woodley town centre, you’ll have a range of local shops and amenities nearby, along with good transport links. Earley Station is just over a mile away, and regular bus services run nearby, providing easy access to Reading and beyond.

Closest station: Earley (1.1 miles)
Bus routes nearby: 14

Key features:
- Integrated kitchen appliances
- Underfloor heating
- Floor‑to‑ceiling windows
- Private balcony
- Communal garden
- Secure bike storage

Financial information

Tenure: Leasehold

Remaining lease term: 110 years

Annual ground rent amount: £0

Ground rent review period: Applicable upon final staircasing 

Annual service charge amount: £5,284.56

Service charge review period: Annually

Council tax band: C

*Financial information correct as of 13/04/2026

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

Financials

Financials
Full Value £160,000
Share Percentage 75%
Share Value £120,000
Monthly Mortgage £716.00
Minimum Household Income £31,500
Maximum Household Income £80,000
Deposit Required £12,000

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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