3 Bed Detached House, Refurb/BRRR, Gainsborough, DN21 1AF, £125,000

Lea Road, Gainsborough, Lincolnshire, DN21 1AF - 2 months ago

Auction
Refurb/BRRR
ROI: 2%
~93 m²
+19 photos

ValuationOvervalued











Investment Opportunity



































Property History

Price changed to £125,000

March 28, 2025

Price changed to £150,000

March 8, 2025

Listed for £165,000

January 31, 2025

Floor Plans

Description

  • Exciting Opportunity to Acquire a Period Home +
  • Charming Detached Property Full of Character +
  • Huge Potential to Renovate and Add Value +
  • Two Reception Rooms with Period Features +
  • Kitchen with Useful Pantry Storage +
  • Spacious Family Bathroom +
  • Front and Rear Gardens +
  • Off-Road Parking and Detached Single Garage +
  • For Sale By Auction – T & C's Apply +
  • Subject To An Undisclosed Reserve Price +

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £165,000 plus reservation fee.

Welcome to Lea Road – A Charming Period Home with Endless Potential.

This delightful detached three-bedroom period property is brimming with character and offers an exciting opportunity for renovation. For sale via Modern Auction, it is perfect for investors or those looking to create their dream family home. Situated in a sought-after location, Lea Road is close to an abundance of amenities, making it an ideal choice for families, professionals, or investors alike.

Residents will enjoy convenient access to the popular Marshall's Yard Shopping Complex, home to a variety of shops, cafés, and supermarkets. Additional amenities include the nearby John Coupland Hospital and a fantastic selection of schools, including the highly regarded Queen Elizabeth Grammar School. Commuters will appreciate the superb transport links, with excellent road and rail connections to surrounding areas.

As you step into the home, the large, welcoming hallway immediately sets the tone for the property’s spacious layout. The hallway, complete with a charming staircase, offers access to two generously sized reception rooms, the kitchen, and a convenient W.C. The lounge opens onto a conservatory, providing an additional versatile space with potential for views of the garden, perfect for relaxing or entertaining.

Upstairs, the property continues to impress. The large family bathroom presents a unique opportunity to create a luxury space, while the three well-proportioned bedrooms offer views over the front garden. Each room is filled with natural light, creating a warm and inviting atmosphere.

Outside, the property boasts both front and rear gardens, ideal for outdoor relaxation or entertaining. The open garage provides additional storage, while the detached single garage offers secure parking and peace of mind.

With its spacious layout, charming period features, and huge potential to renovate, this property is ready to be transformed into a stunning family home or a rewarding investment opportunity.

Viewings are highly recommended to fully appreciate the size, character, and possibilities this wonderful home has to offer.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

TO VIEW OR MAKE A BID – Contact DDM Residential on .

Agent Details

DDM Residential, Gainsborough

01427 800757

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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