Guide price
£125,000
1 bed flat for saleSouth Lake Crescent, Woodley RG5
1 bed
1 bath
EPC Rating: C
About this property
75% Shared Ownership
No Onward Chain
Private balcony with elevated outlook
Lift access to all floors
One bedroom retirement apartment
Walking distance to Woodley precinct and bus routes
Grapevine Estate Agents take pleasure in bringing to the market a well presented one bedroom retirement apartment situated within the popular Alexandra Court development in Woodley. Offered to the market on a 75% shared ownership basis, this bright and spacious apartment provides comfortable and secure living for the over 55’s, whilst benefiting from lift access to all floors and excellent communal facilities.
The accommodation comprises a generous entrance hall with storage cupboard, a spacious lounge/dining room with direct access onto a private balcony enjoying pleasant elevated views, a fitted kitchen with integrated oven and hob, a large double bedroom with fitted wardrobe storage and a sizeable wet room designed for ease of access.
Alexandra Court is ideally positioned for convenient access to Woodley precinct, which offers an excellent selection of shops including Waitrose, Lidl, Marks & Spencer Foodhall, Costa Coffee, cafes, pharmacies and other everyday amenities. The property is also well served by regular bus routes providing access into Reading town centre and surrounding areas, whilst Reading mainline station offers direct rail services into London Paddington and access onto the Elizabeth Line.
The development itself benefits from secure entry systems, communal areas, lift access and a friendly community atmosphere, making it an ideal choice for those seeking independent retirement living in a convenient location.
EPC - C
Service Charges inclusive of the Ground Rent and Shared Ownership Rent - £5400PA
Agents Note: In accordance with the Money Laundering Regulations mandated by the government in 2019, it is obligatory for us to verify the identity of all potential buyers. We engage the assistance of a third-party entity, Lifetime Legal, who will reach out to you directly at a mutually agreed upon time for this purpose. They will require the complete name, date of birth, and current residential address of all buyers. A nominal fee of £90, inclusive of VAT, is applicable for this service (per transaction, not per individual), payable directly to Lifetime Legal. Kindly note, we are unable to provide a memorandum of sale until the verification process is concluded
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More information
Tenure
Leasehold (110 years)
Service charge
£5,400 per year
Council tax band
C
Ground rent
Ground rent date of next review
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