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3 bed Terraced property

Available

For Sale

Listed Jul 16, 2025

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£175,000

Available

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*ONLINE Unconditional Auction Opening 7th July 2025*
To register for the legal pack and bidding, please visit our website auctionhouse.co.uk Lincolnshire

Situation
The properties are situated in a prominent position on Spring Gardens, Gainsborough, directly opposite the extremely popular and convenient Marshall Yard Retail and Leisure Complex, in the heart of the town. The town centre itself is within easy reach and is currently undergoing investment and redevelopment, including the construction of a new Savoy Cinema complex and a wide range of eateries. Gainsborough itself is well positioned for access to the surrounding towns of Retford and Scunthorpe, and the Cities of Doncaster and Lincoln.

Description
A rare opportunity to acquire the freehold of 3 individual and adjacent properties, occupying a good sized site and providing significant opportunity for the developer or investor. Currently laid out as 3 separate, 3 storey properties this site offers scope for repurposing or redevelopment subject to the necessary consents being obtained. The properties are currently uninhabitable and require a full scheme of renovation works. The town itself has a strong rental market and this could provide an ideal opportunity to acquire a project with strong yield potential.

Accommodation for 25 Spring Gardens 25 Spring Gardens

Entrance Hall
Sitting Room
Dining Room
Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Bathroom

Outside
Courtyard to the rear serving all properties.
Accommodation for 27 Spring Gardens Entrance Hall
Sitting Room
Dining Room
Kitchen
Cellar
Bedroom 1
Bedroom 2
Bedroom 3
Former Bathroom

Outside
Courtyard to the rear serving all properties.
Accommodation for 29 Spring Gardens Entrance Hall
Sitting Room
Dining Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Former Bathroom

Outside
Courtyard to the rear serving all properties.
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 Council
25 Spring Gardens BAND A
27 Spring Gardens BAND A
29 Spring Gardens BAND Deleted prospected purchasers are advised to make own enquires.

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.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.