Sold STC Flat

23 LAKESIDE GARDENS

WASHINGTON, TYNE AND WEAR NE38 8NB

2 beds 2 baths 75 m² Listed 12 Jul 2025 (-386d)

£90,000

Offers Over

Reduced on 31 Jul 2025

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# 2 bedroom apartment for sale (NE38 8NB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 LAKESIDE GARDENS, WASHINGTON, TYNE AND WEAR NE38 8NB |
| Price | £90,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | B |
| Last sold | £90,000 Nov 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 03/08/2030
- **Current heating cost:** £216/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8008-4645-1422-8806-6803)

## Description

This spacious apartment offers a welcoming entrance hallway with carpeted flooring leading into a generous open-plan living, dining, and kitchen area. The living space benefits from two radiators, a Juliet balcony, carpeted flooring, and a large window, creating a bright and comfortable environment. The modern kitchen is neatly positioned in the corner, featuring vinyl flooring and integrated appliances including a cooker, hob, and extractor fan.

There are two double bedrooms, both with carpeted flooring, radiators, and windows. The principal bedroom boasts fitted wardrobes and a private ensuite with half-tiled walls, a shower cubicle, radiator, and an undersink bathroom cabinet. The second bedroom also includes integrated wardrobes. A separate family bathroom with half-tiled walls, a bath, and a radiator completes the accommodation.

Ideal for first-time buyers, professionals, or investors, this apartment combines modern living with a desirable location.

## Property Photos

- ![Picture No. 13](/listings/photos/164436098/1391494) - Picture No. 13
- ![Picture No. 15](/listings/photos/164436098/1391495) - Picture No. 15
- ![Picture No. 16](/listings/photos/164436098/1391496) - Picture No. 16
- ![Picture No. 06](/listings/photos/164436098/1391497) - Picture No. 06
- ![Picture No. 08](/listings/photos/164436098/1391498) - Picture No. 08
- ![Picture No. 02](/listings/photos/164436098/1391499) - Picture No. 02
- ![Picture No. 03](/listings/photos/164436098/1391500) - Picture No. 03
- ![Picture No. 01](/listings/photos/164436098/1391501) - Picture No. 01
- ![Picture No. 11](/listings/photos/164436098/1391502) - Picture No. 11

## Floorplans

- ![Floorplan](/listings/photos/164436098/1391503) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/164436098/1391504) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB | £90,000 | 28/11/2025 | Flat |
| 23 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB | £79,950 | 27/09/2011 | Flat |
| 23 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB | £68,000 | 07/01/2009 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 42 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB | £180,000 | 28/04/2023 | Semi-detached |
| SHERRINGHAM HOUSE 14 STATION ROAD, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NJ | £35,000 | 22/03/2023 | Flat |
| SHERRINGHAM HOUSE 10 STATION ROAD, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NJ | £33,400 | 15/11/2022 | Flat |
| 25 BARMSTON COURT, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NE | £60,010 | 03/10/2022 | Flat |
| 56 WILLOWS CLOSE, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7DD | £60,000 | 19/08/2022 | Flat |
| 56 WILLOWS CLOSE, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7DD | £100,000 | 14/07/2022 | Flat |
| 35 WOODRIDGE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7NZ | £66,000 | 12/07/2022 | Flat |
| 25 WILLOWS CLOSE, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7BB | £39,950 | 07/07/2022 | Flat |
| SHERRINGHAM HOUSE 15 STATION ROAD, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NJ | £45,000 | 24/06/2022 | Flat |
| [Same street] 4 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB | £175,000 | 17/03/2022 | Terraced |
| 12 LOWTHIAN TERRACE, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7BA | £95,000 | 11/03/2022 | Flat |
| [Same street] 14 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB | £89,950 | 12/11/2021 | Flat |

**Street average:** £148,317 (3 sales)
**Area average:** £59,373 (9 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £78,000 (4 Flat, NE38, 2024–2026)
- **Deviation:** +15.4%

## Rental Range

*ONS Price Index of Private Rents (Sunderland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £633/mo
- **Realistic:** £703/mo
- **Optimistic:** £773/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Sunderland (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/mo

## 1% Rule

- **Rent ratio:** 0.78% (weak for cashflow)
- **Max investor price (0.8%):** £87,875
- **Target investor price (1%):** £70,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £909/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 16.2%
- **10y growth:** 4.5%

## House Price Index (HM Land Registry)

*Official index for Sunderland; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 0.8%
- **5y growth (index):** 7.1%
- **10y growth (index):** 23.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Picture No. 13 Picture No. 15 Picture No. 16 Picture No. 06 Picture No. 08 Picture No. 02 Picture No. 03 Picture No. 01 Picture No. 11

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Property details

Tenure

LEASEHOLD (104 years remaining on lease)

Floor area

75 m²

Council tax band

EPC rating

Last sold

£90,000 Nov 2025

Price per m²

£909/m²

Local average

£78,000 (+15.4%)

Deprivation

Decile 3 (7,856 of 33,755)

Street crime

107 incidents within 1 mile (May 2026)

Key features

2 Bedrooms
Open Plan Living/Dining/Kitchen Area
Ensuite Bathroom
Family Bathroom
External

Additional details

Parking: Yes
Garden: Yes

Description

Jill Moore are pleased to welcome to the market this immaculately presented upper floor apartment that, combines style and practicality in every detail located in the sought-after Lakeside Gardens development in Washington and offered on the sale market with no onward chain.
This spacious apartment offers a welcoming entrance hallway with carpeted flooring leading into a generous open-plan living, dining, and kitchen area. The living space benefits from two radiators, a Juliet balcony, carpeted flooring, and a large window, creating a bright and comfortable environment. The modern kitchen is neatly positioned in the corner, featuring vinyl flooring and integrated appliances including a cooker, hob, and extractor fan.

There are two double bedrooms, both with carpeted flooring, radiators, and windows. The principal bedroom boasts fitted wardrobes and a private ensuite with half-tiled walls, a shower cubicle, radiator, and an undersink bathroom cabinet. The second bedroom also includes integrated wardrobes. A separate family bathroom with half-tiled walls, a bath, and a radiator completes the accommodation.

Ideal for first-time buyers, professionals, or investors, this apartment combines modern living with a desirable location.

Listed by

Washington

Castledene Sales & Lettings (Hartlepool) Limited

Reference: 164436098

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 04/08/2020

Expiry date: 03/08/2030

Current heating cost: £216/year

Potential heating cost: £216/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

32% since 2009

Event	Date	Price	% change
Sold	28/11/2025 (8 months ago)	£90,000	+12.6%
Sold	27/09/2011 (14 years ago)	£79,950	+17.6%
Sold	07/01/2009 (17 years ago)	£68,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 42 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB	£180,000	28/04/2023	Semi-detached
SHERRINGHAM HOUSE 14 STATION ROAD, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NJ	£35,000	22/03/2023	Flat
SHERRINGHAM HOUSE 10 STATION ROAD, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NJ	£33,400	15/11/2022	Flat
25 BARMSTON COURT, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NE	£60,010	03/10/2022	Flat
56 WILLOWS CLOSE, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7DD	£60,000	19/08/2022	Flat
56 WILLOWS CLOSE, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7DD	£100,000	14/07/2022	Flat
35 WOODRIDGE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7NZ	£66,000	12/07/2022	Flat
25 WILLOWS CLOSE, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7BB	£39,950	07/07/2022	Flat
SHERRINGHAM HOUSE 15 STATION ROAD, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NJ	£45,000	24/06/2022	Flat
Same street 4 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB	£175,000	17/03/2022	Terraced
12 LOWTHIAN TERRACE, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 7BA	£95,000	11/03/2022	Flat
Same street 14 LAKESIDE GARDENS, WASHINGTON, SUNDERLAND, TYNE AND WEAR, NE38 8NB	£89,950	12/11/2021	Flat

Street average: £148,317 (3 sales)

Area average: £59,373 (9 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 16.2%

10y growth 4.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Sunderland. Series: Flats and maisonettes. As of April 2026.

1y (index) 0.8%

5y (index) 7.1%

10y (index) 23.1%

Rental Range

Estimated market rent for Sunderland. Low = conservative, Realistic = average, Optimistic = best case.

Low £633/mo

Realistic £703/mo

Optimistic £773/mo

Based on Local Authority from postcode lookup → Sunderland.

LHA (30th percentile) floor for Sunderland: £474/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NE38 8NB

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	It'z Print & Design	0.0 miles
Shop	TD Performance tuning	0.1 miles
Bus stop	BARMSTON COURT	0.1 miles
Bus stop	Oxclose Road	0.2 miles
Train station	South Hylton	2.4 miles
Hospital	Sunderland Primary care Trust	3.1 miles
Train station	Pallion	3.7 miles
University	Newcastle University	7.2 miles
University	Campus for Ageing and Vitality	8.0 miles
Hospital	University Hospital of North Durham	8.2 miles

Street-level crime

Category	Count
Shoplifting	31
Violence and sexual offences	22
Anti-social behaviour	19
Criminal damage and arson	11
Vehicle crime	7
Drugs	3
Other crime	3
Other theft	3
Public order	3
Burglary	2
Robbery	2
Theft from the person	1
Total incidents	107

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Columbia Grange School	Other	0.3 miles	Outstanding — 8 Apr 2011
John F Kennedy Primary School	Primary	0.4 miles	Good — 20 Dec 2012
Barmston Village Primary School	Primary	0.4 miles	Good — 14 Dec 2023
Biddick Academy	Secondary	0.6 miles	Good — 3 Feb 2022
Biddick Primary School	Primary	0.7 miles	Good — 11 Dec 2019

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.78%

Max investor price (0.8%) £87,875

Target investor price (1%) £70,300

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).