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South Lake Crescent, Woodley, RG5
For saleReduced 27 Jul 2026
£115,000Guide price

South Lake Crescent, Woodley, RG5 3DW

1bedroom
1bathroom
Flattype
Leaseholdtenure

Listed 30 May 2026 · price reduced 27 Jul 2026 · Reading

How the price compares

This home£115,000
Median 1 bed in RG5£160k8 homes listed · £331 per sq ft
Difference-28%below the area median

Key features

  • 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

About this home

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.

Property details

Property type
Flat
Council tax band
C
Tenure
Leasehold
Lease remaining
110 years left
Service charge
£5,400 per year

Floorplan

Floorplan 1

Location

Skip map

1 on this map

  • Winnersh Triangle Station0.7 mi
  • Earley Station0.7 mi
  • Winnersh Station1.4 mi

What nearby homes sold for

Median sold prices in RG5 over the last 12 months: semi-detached £455k · detached £620k · flat £250k · terraced £383k.

AddressTypeSoldPrice
37 South Lake Crescent
Reading RG5 3QJ
Semi-detached
Freehold
12 Feb 2026£232,750
14 Alexandra Place, South Lake Crescent
Reading RG5 3DW
Flat
Leasehold
19 Nov 2025£131,250
45 Alexandra Place, South Lake Crescent
Reading RG5 3DW
Flat
Leasehold
28 Feb 2025£165,000
22a, South Lake Crescent
Reading RG5 3QW
Flat
Leasehold
17 Jan 2024£220,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in RG5

Buying costs

Monthly repayment£575£11,500 deposit · £103,500 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Grapevine Estate Agents, Twyford on Rightmove (original listing). First listed 30 May 2026; details checked 7 Nov 2026. Latest change: reduced on 27/07/2026.

Agent disclaimer

Disclaimer - Property reference RX801582. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Grapevine Estate Agents, Twyford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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