4 bed terraced house for sale

16 Lea Road, Gainsborough, Lincolnshire DN21

For sale by online auction on Tuesday, 03 Mar 2026 ending at 14:42

*online Unconditional Auction Opening 02 March 2026*

To register for the legal pack and bidding, please visit our website:

*guide price / expected sale range: £45,000 - £60,000 (plus fees)*



Situation:

The property is located on Lea Road, Gainsborough, a popular and well positioned area of this traditional Lincolnshire market town, a short distance away from the town centre and its many facilities and amenities, including the Marshalls Yard retail and leisure complex, along with easy access to the primary railway station serving the surrounding towns and cities. Doncaster, Lincoln, Retford and Scunthorpe are within easy reach.

Description:

A traditionally constructed mid terrace house, benefitting from double glazing and gas central heating system. The property boasts versatile space throughout, giving options for a number of suitable uses, either as a single residence, or potential HMO (subject to planning) with previous renovations for conversion having been started. This property offers significant scope to add value or generate a strong yield being in an area of high demand.

There is a C2 planning application for use as a children’s home for 1 child and 2 staff members also recommended for acceptance and certification issuance at wldc.

Accommodation

Ground Floor

Sitting Room

Dining Room

Kitchen (not fitted)

Bathroom (not fitted)

Basement

First Floor

Bedroom 1

Bedroom 2

Bedroom 3

Bedroom 4

Shower Room (not fitted)

Outside

Buffer garden to the front of the property, and enclosed rear courtyard. Views to the rear over the Trent valley and River Trent.

Material Information

Please copy and paste the link below into your browser for a full breakdown of material information for this property


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 Council – band A

Possession:

Vacant possession will be given upon completion.

Viewing:

Strictly by appointment with Auction Hous

Portrait Video Tour
False

EPC Rating: D

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 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.