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Overdale, Lindisfarne Road, Jesmond, Newcastle Upon Tyne

North East

£2,900,000
Listed on 31/12/2025

Property Details

Bedrooms
10
Type
Detached house
Area
6124 sqft

Description

This notable ten-bedroom detached property located within the highly sought-after Golden Triangle of Jesmond presents a significant opportunity for renovation or investment. The home, rich in early 20th-century craftsmanship, is spread across over 6,000 square feet and features original design elements such as solid oak staircases and stained glass windows. While it currently serves as a spacious family residence, its expansive layout allows for a variety of potential renovations including the option to convert into approximately six to seven luxury apartments, pending planning approval. The generous ground floor includes a rear extension that houses an open plan kitchen, dining, and living area – an ideal foundation for modern living. With ten sizable double bedrooms and four bathrooms distributed across three levels, the property is structured for flexible reconfiguration to meet contemporary needs. The presence of ample natural light and period features adds character while offering a blank canvas for updates. Externally, the property boasts a large rear garden along with substantial driveway space and a double garage. Its desirable location on Lindisfarne Road enhances its appeal due to proximity to Jesmond's vibrant cafes and transport links. Given the scale and potential for conversion or refurbishment, this property represents an exceptionally rare investment opportunity in one of the city’s most prestigious neighbourhoods.

Investment Analysis

(NE2 area)

Above Market Value

This property is priced +72.5% above area average per sq ft

+72.5%
This Property
£474/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£397
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£1,848,805
10% above area average per sq ft
Potential ROI
-44.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NE2)

Area prices are rising by +17.2% over the last 12 months
3 year growth: +0.6%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on NE2 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

Overdale, Lindisfarne Road, Jesmond, Newcastle Upon Tyne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£10,459
Based on a loan of £2,175,000 over 30 years at 4.06% 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.

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