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Former Council School, Lea Road, Gainsborough, Lincolnshire, DN21 1AF - Image 1
Former Council School, Lea Road, Gainsborough, Lincolnshire, DN21 1AF - Image 2

Former Council School, Lea Road, Gainsborough, Lincolnshire, DN21 1AF

Yorkshire

£150,000Guide Price

Listed on 22/07/2026

Property details

Bedrooms
51
Type
Detached

Description

This vacant derelict building occupies a generous plot of approximately 0.7 acres (2,851 sq m / 30,694 sq ft) and presents a remarkable investment opportunity with planning permission already secured for the construction of twenty-eight residential apartments (23 two-bedroom and 5 one-bedroom units). With construction work already initiated, this site is well-positioned for further development in a residential area that boasts easy access to local amenities and green spaces. Transport links via Gainsborough Central rail station provide convenient connectivity, enhancing its appeal to potential tenants or buyers once completed.

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Location

Former Council School, Lea Road, Gainsborough, Lincolnshire, DN21 1AF
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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