3 bed end terrace house for sale

55 Grey Street, Gainsborough, Lincolnshire DN21

For sale by online auction on Tuesday, 03 Mar 2026 ending at 13:08

*online Unconditional Auction Opening 2nd March 2026*

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 end of terrace house offered for sale benefitting from well proportioned rooms and versatile accommodation.

The property has suffered extensive fire damage, and subsequently the main body of the house has been exposed to the elements. The property would appeal to investors and developers with a strong rental market in the local area, following a full scheme of 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.

The adjacent properties, also fire damaged, are owned by a local social housing authority and party wall notice has recently been served to commence works.

Accommodation

Ground Floor

Hallway

Sitting Room

Dining Room

Kitchen

Shower Room

First Floor

Bedroom 1

Bedroom 2

Bedroom 3

Outside

Gardens to front and rear and driveway to side.
Material Information

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

_https_mip.urls.addland.com/2JDSbe6Dzh1KF7qpYVV1gS

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 House.

Services:

Prospective purchasers are advised to make the

Portrait Video Tour
False

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.