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Overdale, Lindisfarne Road, Jesmond, Newcastle Upon Tyne NE2 - Image 1
Overdale, Lindisfarne Road, Jesmond, Newcastle Upon Tyne NE2 - Image 2
Overdale, Lindisfarne Road, Jesmond, Newcastle Upon Tyne NE2 - Image 3

Overdale, Lindisfarne Road, Jesmond, Newcastle Upon Tyne NE2

North East

£2,900,000
Listed on 11/12/2025

Property Details

Bedrooms
10
Type
Detached house
Area
6124 sqft

Description

This notable ten-bedroom detached property sits prominently in the sought-after Golden Triangle of Jesmond. Spanning over 6,000 square feet and featuring distinctive early twentieth-century craftsmanship, it presents a unique opportunity for both large family living or as a prime investment project. The home boasts original period details such as solid oak staircases and stained glass windows, which can be preserved or enhanced during renovation. The ground floor accommodates multiple reception rooms and a spacious open plan kitchen that serves as a central gathering area. The upper levels house ten generously sized double bedrooms alongside four bathrooms, offering ample space for multi-generational living or flexible reconfiguration into separate units. For those looking at development potential, the existing layout provides significant scope for conversion into approximately six to seven luxury apartments, subject to planning approvals. With its deep plot and symmetrical facade complemented by a substantial rear garden, this property not only retains its historic charm but also promises high-value redevelopment possibilities. Externally, the home features an expansive garden and driveway with ample parking options. Located on a tree-lined street, close to Jesmond's vibrant cafes and boutiques, this residence is poised to deliver long-term value whether kept as a family home or transformed into upscale apartments.

Investment Analysis

(NE2 area)

Above Market Value

This property is priced +71.5% above area average per sq ft

+71.5%
This Property
£474/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£480
Avg Yield
9.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£1,859,583
10% above area average per sq ft
Potential ROI
-43.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE2)

Area prices are rising by +12.5% over the last 12 months
3 year growth: -2.7%
5 year growth: 17.2%
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 NE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£10,623
Based on a loan of £2,175,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE