Summary - Edrich Grange, Crowthorne, Berkshire, RG45 RG45 7FJ
1 bed 1 bath Flat
Modern one-bedroom shared ownership flat with parking and communal green space..
50% shared ownership available at £112,500 (full value £225,000)
120-year lease remaining
Approx. 550 sq ft; one double bedroom, open-plan living
Allocated off-street parking and landscaped communal grounds
Service charge £840pa (below average); estimated estate charge £70pcm
Rent on unsold share ~£383.46pcm; ground rent £200pa
Local area buyer restriction applies for purchase
Area records above-average crime — factor into decision
This well-presented one-bedroom shared ownership apartment sits on the popular Cricket Field Grove development in Crowthorne. The flat offers an open-plan living, dining and kitchen area, a good-sized double bedroom and a modern bathroom across c.550 sq ft — a tidy, move-in ready option for a first-time buyer wanting a manageable purchase.
Practical ownership features include a 120-year lease, off-street allocated parking and communal landscaped grounds that give a green outlook and some privacy. Broadband and mobile signal are excellent, and the property sits within strong school catchments and convenient road links (A329/M3/M4), enhancing everyday convenience and future resale appeal.
This is a shared ownership sale at a 50% share priced £112,500 of a full market value of £225,000. Expect ongoing costs: rent on the unsold share (approx. £383.46pcm), an estimated estate charge of c.£70pcm (included in service charge quoted at £840pa), and a small ground rent of £200pa. There is also a local area restriction on buyers for this scheme.
Important considerations: the tenure is leasehold and shared ownership—staircasing is possible but comes with additional costs and legal fees. The area records above-average crime rates, which buyers should weigh against the development’s many positives. Overall, this apartment suits a first-time purchaser seeking a lower-entry route into a very affluent town with good transport links and attractive communal grounds.
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