Summary - 32 HIGH STREET GAINSBOROUGH DN21 1BH
1 bed 1 bath End of Terrace
One-bedroom derelict terrace with strong refurbishment potential for cash investors.
Freehold Victorian end-of-terrace close to Gainsborough town centre
A compact Victorian end-of-terrace on High Street, offered as a core refurbishment project for cash buyers. The property is freehold and positioned close to Gainsborough town centre, with fast broadband and excellent mobile signal — practical advantages for future lettings once works are complete.
This is an investment-focused opportunity: the house requires complete renovation throughout and is currently boarded and unsafe, so viewings are not available for safety reasons. Guided at £35,000–£45,000 and offered via private treaty, it could deliver attractive rental returns to landlords who can manage a full refurbishment and local letting risks.
Important negatives are clear and material. The building needs full refurbishment and likely structural and safety works; it is only suitable for cash purchasers. The local area is very deprived with very high crime, and the plot is very small — factors that will affect occupational demand and management costs. Council tax is very cheap, which helps running costs after completion.
This listing suits experienced investors or developers who accept higher risk in exchange for lower entry price and refurbishment upside. Buyers should factor in repair, safety, and ongoing management costs before committing and arrange professional inspections and secure funding due to the property’s condition.
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