Summary - 20 HIGH STREET GAINSBOROUGH DN21 1BH
2 bed 1 bath Terraced
Auction lot with clear refurbishment and rental potential in town centre.
- Mid-terrace Victorian house, freehold, circa 657 sq ft
- Two bedrooms, sitting room, dining kitchen, family bathroom
- Requires full renovation throughout; likely no wall insulation
- EPC rating E — opportunity for energy efficiency improvements
- Rear garden and outbuilding; plot is very small
- Very high local crime and very deprived area — affects demand
- Sold at online auction (opening 10 Nov 2025); admin fee £3,600
- Strong local rental demand reported; suits investor/developer
A centrally located Victorian mid-terrace on Gainsborough High Street, offered freehold at auction with vacant possession. The property requires a full renovation programme throughout but presents clear scope to add value for an investor or developer comfortable working in a high-deprivation, high-crime area. The house has two bedrooms, a sitting room, dining kitchen, family bathroom, rear garden and outbuilding; total internal area about 657 sq ft.
Structurally the house is a traditional solid-brick terrace built before 1900 with double glazing (unknown install date) and mains gas central heating via boiler and radiators. There is likely no wall insulation (assumed) and the interior shows dated finishes, textured ceilings and potential damp in places — suitable for a cosmetic and services upgrade. EPC rating E reflects the need for energy improvements.
This lot is most appropriate for investors seeking rental yield or a refurbishment project: local rental demand is said to be strong and the property sits close to town centre amenities and transport links. Be aware the area records very high crime and very high deprivation, and the plot is very small, which will affect letting profile and resale comparables.
Practical points: the sale is by online unconditional auction (opening 10 November 2025). An administration fee of £3,600 (inc. VAT) is payable on exchange; bidders must consult the legal pack for any other disbursements. Prospective buyers should commission their own surveys and statutory checks — services and equipment have not been tested and measurements are approximate.
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