South Lake Crescent, Reading RG5

Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1

Agent: Peabody - Resales Phone: 020 8022 5253

<p></p><p><strong>Property reference number: 1640170</strong><br/><br/><strong>This is an over‑55s property. Priority will be given to applicants who live within the Borough of Wokingham</strong><br/><br/>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.<br/><br/>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.<br/><br/>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.<br/><br/>Closest station: Earley (1.1 miles)<br/>Bus routes nearby: 14<br/><br/><strong>Key features:</strong><br/>- Integrated kitchen appliances<br/>- Underfloor heating<br/>- Floor‑to‑ceiling windows<br/>- Private balcony<br/>- Communal garden<br/>- Secure bike storage<br/> </p><p></p><p><strong>Financial information</strong></p><p></p><p>Tenure: Leasehold</p><p>Remaining lease term: 110 years</p><p>Annual ground rent amount: £0</p><p>Ground rent review period: Applicable upon final staircasing </p><p>Annual service charge amount: £5,284.56</p><p>Service charge review period: Annually</p><p>Council tax band: C<br/><br/>*Financial information correct as of 13/04/2026</p>