The Strand, Lakeside Village, Sunderland, SR3
DO

The Strand, Lakeside Village, Sunderland, SR3

By Dowen

£ 74,950

Reviews

3 out of 5 stars

Dowen says ..

Located in the highly sought-after Lakeside Village development, this well-presented second-floor apartment is move-in ready and ideal for a variety of buyers – whether you're a first-time buyer, investor, or looking to downsize. The property is accessed via a secure communal entrance an...

Property Oracle says ..

The property is a two-bedroom apartment located in Lakeside Village, Sunderland. The apartment is in good condition, with modern fixtures and fittings, as seen in the images. The kitchen and bathroom appear recently updated. The flooring and decor are contemporary. There is allocated parking, a definite plus in this location. While the plot size is listed as 0.00 sqft, there is a small communal green space visible in the exterior photos. The average price per sqft in the area is £207, and this apartment is listed at £74,950 for 645 sqft. This translates to approximately £116 per sqft, significantly below the average for the area. This suggests that the list price may represent good value, considering the condition and location. Nearby properties on The Strand are similarly priced, ranging from £75,000 to £128,500. The nearby listings show a range of prices, but several are also priced around the £150,000 mark, indicating that the subject property is priced competitively. The location is close to several schools, with varying Ofsted ratings. The proximity to Sunderland train station is also a positive aspect. However, the surrounding area appears to be a mix of residential buildings, some of which look dated. In summary, this apartment offers good value for money in a convenient location. The relatively low price per sqft, combined with its modern interior and allocated parking, makes it an attractive proposition for buyers. The lack of a private garden is a potential drawback for some buyers, but the communal green space partially mitigates this.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
8
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
645.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
188,119.00 £
Decreased by 3.84 %
from 195,635.00 £
Est sale value
144,480.00 £
Increased by 160.47 %
from 55,470.00 £
Average area rental value
595.00 £/mo
Decreased by 4.49 %
from 623.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.80 %
Decreased by 0.52 %
from 3.82 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Dowen created the listing.

Nearby Schools

NameTypeOfstedDistance
Farringdon AcademyAcademy ConverterRequires improvement0.49 KM
Farringdon Community AcademyAcademy ConverterRequires improvement0.70 KM
Thorney Close Primary SchoolCommunity SchoolGood1.07 KM
Benedict Biscop Church Of England AcademyAcademy Converter1.32 KM
Sunningdale SchoolCommunity Special SchoolOutstanding1.41 KM

Images

IMG_2360 IMG_2355 IMG_2353 IMG_2354 IMG_2352 IMG_2351 IMG_2347 IMG_2348 IMG_2350 IMG_2349 IMG_2361

Nearby Streets

NameAverage PriceAverage SqftDistance
Amsterdam Road £ 000.00 KM
Castle Mews £ 59,95000.00 KM
Goldenrod Close £ 210,00000.00 KM
Plantain Close £ 285,00000.00 KM
Elsdonburn Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Sunderland7640SUN5.48 KM
Seaham7814SEA9.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Strand, Lakeside Village, Sunderland, SR3 £ 74,950BUY6 / 100.00 KM
Amble Tower, Gilley Law, Sunderland, Tyne and Wear, SR3 3AG £ 85,000BUY5 / 100.06 KM
Piccadilly, Sunderland, Tyne And Wear SR3 3DR £ 130,000BUY6 / 100.10 KM
The Strand, Lakeside Village, Sunderland £ 64,950BUY5 / 100.11 KM
Piccadilly, Lakeside Village, Sunderland SR3 £ 135,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
3 The Strand £ 87,5000.07 KM
32 The Strand £ 84,0000.07 KM
31 The Strand £ 75,0000.07 KM
26 The Strand £ 70,5000.07 KM
41 The Strand £ 106,5000.07 KM