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See how verdicts work1-bedroom flat · RG5 3DW
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property reference number: 1640170 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
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About South Lake Crescent, Reading
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