3-bedroom house · DN21 1UP
Listing removedReduced £8k (−11%) on 21 AugListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Being Sold via Secure Sale online bidding. Terms & Conditions apply.
This three-bedroom terraced house is offered for sale in Gainsborough with no onward chain, making it suitable for first-time buyers and investors.
The ground floor provides a reception room with large windows, creating a bright living space, and a separate kitchen.
From the kitchen, you can access an additional space which can be utilised as a utility area which has access to the rear garden, as well as a separate W.C and sink.
Upstairs, there are three bedrooms: Two doubles and one single. The main bedroom benefits from built-in wardrobes, offering practical storage. A family bathroom serves the first floor.
Externally, the property includes a garden.
The house is well placed for local amenities in Gainsborough, with supermarkets, shops and services available in the town centre, including on Market Place and Lord Street.
The Marshalls Yard retail and leisure complex offers additional shopping and dining options.
Nearby schools cater for a range of ages, with primary and secondary education available within the Gainsborough area, making the location convenient for families.
Public transport links are accessible, with Gainsborough Lea Road railway station providing services towards Lincoln, Sheffield and Doncaster.
Journey times are typically around 20-30 minutes to Lincoln and approximately 40-50 minutes to Sheffield, making it a viable option for commuters.
Local bus routes further connect the neighbourhood with the wider town and surrounding areas.
Green spaces such as local parks and riverside walks along the River Trent are within reach, offering opportunities for recreation.
Overall, this terraced house presents a practical home or investment opportunity in a sought-after Gainsborough location. To the rear, there is garage which can be rented directly from the council.
The previous occupant of the property rented this for a substantial time.
Entrance Hall 1.94m x 4.19m (6'4" x 13'9") Giving access to all rooms on the ground floor, and stairs to the first floor, Living Room 3.95m x 4.98m (13'0" x 16'4") Double glazed window to the front aspect and feature fireplace Kitchen Double glazed window to the rear aspect, a range of modern wall and base units with worktops, free-standing oven with hob, storage cupboard, and sink with mixer tap WC Hand wash basin and WC.
First Floor - Spacious landing area giving access to all the rooms on the first floor Master Bedroom 3.65m x 3.25m (12'0" x 10'8") Double glazed window to the front aspect and fitted wardrobes Bedroom Two 2.94m x 3.27m (9'8" x 10'9") Double glazed window to the rear aspect Bedroom Three 2.37m x 2.65m (7'9" x 8'8") Double glaze window to the front aspect Bathroom 1.74m x 2.65m (5'9" x 8'8") Double glazed window to the rear aspect, bathtub with overhead shower, hand wash basin, WC and an airing cupboard Outside Externally, there is an enclosed rear garden and a garage to the rear.
To the front there is another garden area laid to lawn. Council Tax Band: A Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
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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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.
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FAQ
About 13, Upton Walk, Lincoln
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