Guide price
£75,000
5 bed semi-detached house for sale67 Church Street, Gainsborough, Lincolnshire DN21
5 beds
- Auction
Auction House Lincolnshire, North Notts & South Yorks
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About this property
For sale by online auction on Tuesday, 11 Nov 2025 ending at 13:00
*online Unconditional Auction Opening 10 November 2025*
To register for the legal pack and bidding, please visit our website:
Situation:
The property is situated on Church Street, Gainsborough, a pleasant and central location in the heart of this traditional Lincolnshire market town. There are a wide range of facilities and amenities including the Marshalls Yard Retail and Leisure complex, along with the town centre, currently nearing completion of a comprehensive development scheme, including the Savoy Cinema complex. Gainsborough itself offers excellent access to the surrounding towns and the cities of Lincoln and Doncaster.
Description:
A traditionally constructed, 5 bedroom, semi detached house, ideal for investors and developers alike, offering versatile and well proportioned accommodation throughout.
The property will appeal to all corners of the property investment market, with the addition of a self contained former café premises to the rear of the residential property.
The property offers scope to add value for resale following renovation works, or the rental market with projected rent for a property of this size of circa £1200pcm (£14,400 per annum), and the commercial aspect at the rear gives scope for an additional £6000 per annum. The property has scope to achieve approximately £20,000 per annum in income overall.
Subject to planning permission being obtained, the house may also be suitable to split into flats or reconfigure for conversion to HMO.
Accommodation Ground Floor
Entrance Hallway
Sitting Room
Dining Room
Kitchen
First Floor
Bedroom 1
Bedroom 2
Bedroom 3
Ensuite Shower
Bathroom
Second Floor
Bedroom 4
Bedroom 5
Outside
Self contained former café premises and front and rear gardens.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 comple
Portrait Video Tour
False
Additional Fees
Buyers Premium: Non-refundable £1,500 inc VAT payable on the fall of the virtual gavel.
Administration Charge - Non-refundable £1,500 inc VAT of the purchase price, payable on exchange of contracts.
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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