# 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 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. ## 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)