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£120,000

1 bed flat for sale
South Lake Crescent, Woodley, Reading RG5

    • 1 bed

  • Shared ownership
  • Leasehold

Peabody - Resale

Logo of Peabody - Resale

About this property

    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

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    More information

    • Tenure

      Leasehold (111 years)

    • Service charge

      £436 per month

    • Council tax band

      C

    • Ground rent

      £0

    • Ground rent date of next review

    • Shared ownership percentage owned

      75%

    See all recent sales in RG5

    Property descriptions and related information displayed on this page are marketing materials provided by - Peabody - Resale. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Peabody - Resale for full details and further information.