Adderstone Group

Ian Baggett

Ian 800X820

Brought up on the outskirts of Newcastle, in an area sandwiched between depressed mining villages in Newcastle upon Tyne, Ian was one of only four students from his school year group at Hookergate Comprehensive, a school that had a reputation for being notoriously challenging, to go on to university.

 

Ian’s modest upbringing instilled in him an early drive and ambition to seize all of life’s opportunities. His journey took him into academia and a PhD at Durham University, onto the professional tennis ladder and out to Hong Kong as a Royal Naval officer.

Ian returned from travels to his North East roots and set about making a home for himself and his family in Newcastle upon Tyne.

Ian is the heart of Adderstone Group. His adventure began in 1994 with a £2,000 inheritance from his grandmother, a geography dissertation on 'Student accommodation in and around Durham', a £13,000 loan from Northern Rock and many months of hard labour from his devoted mum (ace decorator) and dad (talented carpenter/retired woodwork teacher) renovating former miner's cottages in Bowburn, County Durham.

Twenty years later, Ian has assembled a vastly impressive multi-million pound property portfolio encompassing many business streams and entrepreneurial ideas and has worked on some of the North East's most significant property developments in recent years, Ian now tries to balance business with family time,  philanthropy and seniors tennis.

Amongst his future professional aims, Ian remains excited at the prospect of seeking out yet more regeneration projects, doing what he can to make the North of England and further afield a better place.


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