Auction
Auction date passed
This lot went to auction on 28 September 2026 (27 days ago) but remains listed. It was still on the portal 1 day ago. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
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See how verdicts work3-bedroom house · DN14 8HG
For saleListed 75 daysAuction 28 Sep · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bankend provides an opportunity for developers and self-builders to purchase both a new-build plot and an existing dwelling to refurbish.
The property has been competitively priced to reflect the condition of the existing dwelling so that profit opportunities are available on both projects.
The existing house provides approximately 1,430 sq ft of accommodation including three reception rooms, a kitchen, a large bathroom and two large bedrooms that can easily be reconfigured to three bedrooms, along with several useful outbuildings.
The new dwelling will provide three bedrooms, two bathrooms, two reception rooms and a dining kitchen.
Location The property enjoys views over the river at the rear and is in an excellent position on the edge of the popular rural Village of Reedness, which is ideally placed for Goole, Scunthorpe and both the M62 and M18 motorways.
From Goole take the A161 to Swinefleet. At the mini roundabout in the centre of the Village turn left and then at the "T" Junction turn right towards Reedness.
On entering the Village along Main Street the property will be found on the left hand side.
Accommodation GROUND FLOOR ENTRANCE HALL UPVC framed front door, 2 radiators and spindled staircase to the first floor.
LIVING ROOM 17' 3" x 13' 6" (5.26m x 4.11m) Fireplace recess housing cast iron stove, 2 radiators and beams to ceiling.
SITTING ROOM 13' 3" x 11' 0" (4.04m x 3.35m) Fireplace recess, radiator and beams to ceiling.
KITCHEN 15' 3" x 13' 9" (4.65m x 4.19m) Range of units comprising sink unit, base units and wall cupboards. Part ceramic tiled walls and UPVC framed door to side.
3RD BEDROOM/DINING ROOM/STUDY 13' 6" x 9' 9" (4.11m x 2.97m) Radiator.
FIRST FLOOR LANDING This is approached via the spindle staircase from the Entrance Hall and opening from the Landing which has a built in cupboard and radiator are: REAR BEDROOM 17' 3" x 12' 9" (5.26m x 3.89m) Cast iron fireplace and 2 radiators.
FRONT BEDROOM 13' 3" x 11' 9" (4.04m x 3.58m) Radiator. BATHROOM White suite comprising panelled in bath, pedestal washbasin, low flush WC and walk in shower. Radiator and part ceramic tiled walls.
TO THE OUTSIDE The gardens to the property are very overgrown but we are informed that there is a brick and tiled BARN / WORKSHOP although this can't currently be accessed.
Off-street parking with vehicular access from Main Street. Forecourt Garden and large Garden to side.
EPC TBC SERVICES It is understood that mains drainage, mains water and electricity are laid to the property.
There is central heating to radiators and windows are double glazed with uPVC framed sealed units. None of the services or associated appliances have been checked or tested.
COUNCIL TAX It is understood that the property is in Council Tax Band D, which is payable to the East Riding of Yorkshire Council. TENURE Freehold with vacant possession.
PLANNING HISTORY The Garden area to the side of the property has had the benefit of Outline Planning Permission for the erection of a Detached Dwelling being Application No 25/03438/OUT granted by the East Riding of Yorkshire Council on the 7th May 2026.
ALTERATIONS TO COTTAGE Included in the planning application above were indicative drawings showing propeosed alterations to the existing house into a dwelling with 2 Reception Rooms, Living Kitchen, 3 Bedrooms and 2 Bathrooms.
VIEWING Strictly by appointment with the auctioneers on .
Solicitor HNW Law, Suite 17, The Cadcam Centre, High Force Road, Riverside Park, Middlesbrough, TS2 1RH, Ref: Rachel Williamson, Tel: Method of Sale The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 28th September 2026 and closing on Wednesday 30th September 2026 at 1.00pm.
For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees The purchaser will be required to pay an administration charge of 0.3% inc.
VAT is subject to a minimum of £900 (£750 plus VAT), and a buyer's premium of £900 (£750 plus VAT) in addition to the purchase price of the property.
Guide Price Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures that 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.
Disbursements Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Main Street, Reedness, Goole, DN14 8HG
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