Guide price
£40,000
2 bed semi-detached house for sale60 Grey Street, Gainsborough, Lincolnshire DN21
2 beds
EPC Rating: D
- Auction
Auction House Lincolnshire, North Notts & South Yorks
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About this property
For sale by online auction on Tuesday, 19 Aug 2025 ending at 13:20
*online Unconditional Auction Opening 18 August 2025*
To register for the legal pack and bidding, please visit our website:
Situation:
The property is situate on Grey Street, Gainsborough a popular and well positioned area of this traditional Lincolnshire market town. The town itself offers a wealth of facilities and amenities including the ever popular Marshalls Yard retail and leisure complex, along with good road and rail access to the surrounding towns and cities of Lincoln and Doncaster.
Description:
A wonderful opportunity to acquire this traditionally constructed semi detached house offered for sale benefitting from well proportioned rooms and versatile accommodation.
The property has been converted from a three bed to a two bed with the inclusion of a large upstairs bathroom. There is potential for conversion back to a three bed subject to the necessary approvals. The property would appeal to both owner occupiers and investors with a strong rental market in the local area, following renovation the property could achieve a rental figure circa £750 per month and the inclusion of further bedroom offers scope to add value to the property for re-sale.
Accommodation
Accommodation:
Ground Floor
Hallway
Sitting Room
Dining Room
Kitchen
First Floor
Bedroom 1
Bedroom 2
Family Bathroom
Outside
Gardens to front and rear
Material Information
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The property falls within West Lindsey District Council – band - A
Possession:
Vacant possession will be given upon completion.
Viewing:
Strictly by appointment with Auction House.
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. Nb: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor
EPC Rating: D
Additional Fees
Administration Charge - Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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