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16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 1
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 2
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 3
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 4
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 5
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 6
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 7
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 8
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 9
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 10
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 11
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 12
16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ - Image 13

16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ

North East

£39,000

Listed on 21/05/2026

Property Details

Bedrooms
1
Type
Apartment

Description

This vacant one-bedroom duplex apartment presents a promising opportunity for investors and first-time buyers alike, thanks to its desirable location within the Sherringham House development. Overlooking a picturesque lake, this property combines open-plan living with essential amenities nearby, including transport links and Washington town centre. The layout features an entrance hall, a well-sized double bedroom with built-in storage, and a bathroom on the first floor. The second floor boasts a bright open-plan living and dining area alongside a fitted kitchen, effectively separating living and sleeping spaces for optimal functionality. While the apartment is generally in good condition, minor cosmetic upgrades are suggested to enhance its value. With strong rental demand in the area, this property could serve as an attractive addition to any investment portfolio.

Investment Analysis

(NE38 area)
Area Average
£189/sq ft
Avg Rent (weekly)
£166
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (NE38)

Area prices are rising by +6.9% over the last 12 months
3 year growth: +23.0%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on NE38 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

16. Sherringham House, Station Road, Washington, Tyne and Wear NE38 8NJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£139
Based on a loan of £29,250 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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