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 %
- Est sale value
- 144,480.00 £Increased by 160.47 %
- Average area rental value
- 595.00 £/moDecreased by 4.49 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.80 %Decreased by 0.52 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Dowen created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Farringdon Academy | Academy Converter | Requires improvement | 0.49 KM |
| Farringdon Community Academy | Academy Converter | Requires improvement | 0.70 KM |
| Thorney Close Primary School | Community School | Good | 1.07 KM |
| Benedict Biscop Church Of England Academy | Academy Converter | 1.32 KM | |
| Sunningdale School | Community Special School | Outstanding | 1.41 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Amsterdam Road | £ 0 | 0 | 0.00 KM |
| Castle Mews | £ 59,950 | 0 | 0.00 KM |
| Goldenrod Close | £ 210,000 | 0 | 0.00 KM |
| Plantain Close | £ 285,000 | 0 | 0.00 KM |
| Elsdonburn Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sunderland | 7640 | SUN | 5.48 KM |
| Seaham | 7814 | SEA | 9.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Strand, Lakeside Village, Sunderland, SR3 | £ 74,950 | BUY | 6 / 10 | 0.00 KM |
| Amble Tower, Gilley Law, Sunderland, Tyne and Wear, SR3 3AG | £ 85,000 | BUY | 5 / 10 | 0.06 KM |
| Piccadilly, Sunderland, Tyne And Wear SR3 3DR | £ 130,000 | BUY | 6 / 10 | 0.10 KM |
| The Strand, Lakeside Village, Sunderland | £ 64,950 | BUY | 5 / 10 | 0.11 KM |
| Piccadilly, Lakeside Village, Sunderland SR3 | £ 135,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 The Strand | £ 87,500 | 0.07 KM |
| 32 The Strand | £ 84,000 | 0.07 KM |
| 31 The Strand | £ 75,000 | 0.07 KM |
| 26 The Strand | £ 70,500 | 0.07 KM |
| 41 The Strand | £ 106,500 | 0.07 KM |