1. Property photo 1 of 17 Lounge (2).Jpg
  2. Property photo 2 of 17 Lounge (1).Jpg
  3. Property photo 3 of 17 Lounge (3).Jpg

£160,000

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

    • 1 bed

Shared ownership
Leasehold
Added on 19/12/2025

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

    Mortgage calculator

    Monthly repayment

    £800 per month

    Whole of market comparison

    70+ lenders and 10,000+ products

    How much could I borrow

    In partnership with

    mojo logo

    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    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%

    Report this listing

    Peabody - Resale

    Logo of Peabody - Resale
    Email agent