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£895,000

Directors House, Jesmond Dene Road, NE2

  • 3 beds
Detached house

£895,000

  • 3 beds
Detached house
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Estimate monthly mortgage payment:

£4,086 per month

Minimum deposit amount:

£44,750
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DEVELOPMENT OPPORTUNITY

Signature is proud to present a unique chance to purchase The Directors House, a detached property set on just under 0.5 acres in the prestigious heart of Jesmond Dene, adjacent to Jesmond Dene House.

This rare offering provides two exciting options:
1. Undertake a full renovation of the existing property.
2. (Subject to planning approval) Demolish and design a bespoke dream home tailored to your specifications.

The area is known for its exclusive developments, with similar plots featuring luxury properties valued at over ?2.5 million.

The property is surrounded by 6.77 acres of land, currently owned by Newcastle City Council, which has already secured a buyer and has been granted for a high-end residential development, ensuring that any future project regarding the Directors House will be complemented. This presents an excellent opportunity to synchronise your development plans with the larger vision.

***Cash buyers only due to the property s derelict condition***

Council Tax band to be re registered Freehold

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Mortgage calculator

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£4,086 per month
Your repayment term
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Stamp Duty tax
These figures are estimates and are provided for guidance only
£32,250
Mortgage and legal costs:
£999
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