COVID-19 – Important Auction Information
For Sale By Auction | 18:30, 07 April 2020

3 Gladstone Street, Gainsborough, Lincolnshire, DN21 2ND

*Guide | £160,000 - £190,000 (plus fees)

  • Block of Apartments
  • Tenure: Freehold

Call the team on 01427 616436 for more information

Auction Date

Tue 07/04/2020

Auction Time


Auction Venue


This property will be offered for sale by auction at Thonock Park (Gainsborough Golf Club) at a date to be announced following further advise from the Government relating to Public Gatherings. ALL INTEREST & OFFERS INVITED!

Situation: The property is situate on Gladstone Street, Gainsborough a popular sought after central area of this Lincolnshire market town, a short distance from the town centre and the wealth of amenities and facilities that Gainsborough itself offers. The town is well positioned for access to surrounding towns of Retford, Scunthorpe, Doncaster and the City of Lincoln. Description: A semi detached property converted into three separate flats, providing the ideal opportunity for investors to acquire a very well appointed well maintained and let opportunity within the heart of this popular and growing market town. The property is offered for sale on a freehold basis and comprises:



Flat 1

A recently renovated one bedroom ground floor flat offered for sale in very well presented order throughout with accommodation comprising Entrance Hallway Open Plan Living/kitchen area Double Bedroom Bathroom with fitted three piece suite. The property is currently in the process of being let with a new tenant due to sign imminently at £400 per calendar month.

Flat 2

Ground floor one bedroom flat with accommodation comprising: Entrance door into Open plan lounge/kitchen area Bedroom Bathroom with fitted suite. This property is currently let at £350 per calendar month a new tenancy commencing early 2020.

Flat 3

First floor two bedroom flat currently let at £400 per calendar month with accommodation believed to comprise Living room 2 Bedrooms Bathroom Kitchen. Long term tenant in situate although at the time of preparing these details internal inspection was not available.


To the front of the property is a small buffer garden with communal access to the side of the property and communal space to the rear for bin storage.

General Remarks

Possession Subject to existing tenancy agreements Viewing Strictly by appointment with Auction House. Services Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town & Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.


Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

West Lindsey District Council


Wilkin Chapman, Cartergate House, 26 Chantry Lane, Grimsby, DN31 2LJ, Ref: Jo Robinson, Tel: 01472 262626

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.