Summary - 86, CHURCH STREET DN21 2JS
1 bed 1 bath Not Specified
Derelict Grade II-listed site with strong redevelopment potential for experienced buyers.
Freehold plot with decent-sized redevelopment area
A rare development plot in central Gainsborough, offered freehold and sold at auction. The site formerly formed part of a Grade II listed building and spans two floors of substantial storage with a small kitchenette, presenting clear scope for conversion to mixed residential and commercial uses subject to necessary planning consents.
This is a value-driven opportunity for experienced investors or developers who can manage listed-building constraints. The property is derelict and requires full renovation; the industrial brick façade and substantial internal volumes lend themselves to an industrial-conversion or period-led scheme. Vacant possession will be given on completion, and the plot size is described as decent for redevelopment.
Important constraints are the listed status and need for planning permissions — applicants must obtain consents and listed-building works will add cost and complexity. The area has high crime levels and very high deprivation, which may affect rental values and letting demand; however, the town centre is undergoing regeneration and the location overlooks All Saints Church with close access to Marshalls Yard retail and leisure.
Practical details: the property will be sold at online auction (unconditional opening 10 Nov 2025). Buyers should allow for an administration fee on exchange, check the legal pack for disbursements, and verify services and rights with their solicitor or surveyor. The site offers fast broadband and excellent mobile signal, and good transport links to nearby towns and cities.
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