£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: 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

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    More information

    • Tenure

      Leasehold (110 years)

    • Service charge

      £440 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.