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Great Lime Road, Newcastle Upon Tyne NE12 - Image 1
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Great Lime Road, Newcastle Upon Tyne NE12

North East

£345,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This Victorian double-fronted residence, dating back to 1886, offers a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled in Forest Hall, this detached home features a striking stone facade and expansive gardens on three sides, providing a charming exterior that hints at the possibilities within. Inside, the vestibule opens into a spacious central hallway, flanked by two large reception rooms bathed in natural light from generous windows. A third reception room serves as a dining area, leading to a well-sized kitchen at the rear with access to a porch and the appealing wrap-around garden. The first floor boasts an airy landing that provides entry to three double bedrooms and a family bathroom. Mature plantings along the front create privacy, while the extensive walled garden at the rear is both inviting and functional, featuring a greenhouse and ornamental pond. With double timber gates allowing for convenient off-street parking, this space truly complements the home. While some refurbishment is required to bring this property up to modern standards, its location near schools, parks, and local amenities makes it an excellent choice for families or investors looking for future returns. Excellent transport links via Palmersville metro station further enhance its appeal.

Investment Analysis

(NE12 area)
Area Average
£217/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (NE12)

Area prices are rising by +6.6% over the last 12 months
3 year growth: +7.5%
5 year growth: +18.6%
Investment Disclaimer: Analysis based on NE12 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

Great Lime Road, Newcastle Upon Tyne NE12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,222
Based on a loan of £258,750 over 30 years at 3.91% 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

Price History

-4.2% since listed
£345,000£15,000(-4.2%)
20/04/2026
Current price
£360,000Initial listing
03/04/2026

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