• Mid Terrace House +
• Three Bedrooms +
• Downstairs Bathroom +
• Requires Scheme of Renovation Works +
• Enclosed Rear Yard +
• Street Parking +
• EPC Rating: TBC +

*ONLINE Unconditional Auction Opening 23 February 2025`*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Situation
The property is situate on Rectory Avenue, Gainsborough, a pleasant cul-de-sac location in the heart of this traditional Lincolnshire market town. There are a wide range of facilities and amenities within close proximity, including the Marshalls Yard Retail and Leisure complex, along with the town centre, currently nearing completion of a comprehensive overhaul and improvement project, including the development of the luxury Savoy Cinema complex. Gainsborough itself offers excellent access to the surrounding towns and the cities of Lincoln and Doncaster.

Description
A traditionally constructed, 3 bedroom mid terrace house, ideal for investors and developers alike, needing a scheme of renovation works throughout, but benefitting from versatile and well proportioned accommodation. There is significant scope to add value, with the most recent sale on the street achieving £90,000 in 2023. There is also strong local demand for rental properties in the area, and projected rents once renovated are approximately £700pcm (£8,400 per annum).
Accommodation Ground Floor
Entrance Hallway
Sitting Room
Dining Room
Kitchen
Bathroom

First Floor
Bedroom 1
Bedroom 2
Bedroom 3

Outside
Front and rear gardens.
Material Information Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.

Council Tax:
The property falls within West Lindsey District Council – BAND A

Possession:
Vacant possession will be given upon completion.

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.