Lea Road West, Gainsborough, Lincolnshire, DN21
Yorkshire
£110,000Guide Price
Listed on 17/09/2026
Listed on 17/09/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
951 sqftFeatures
- Garden
Description
Offered at auction, this three-bedroom semi-detached house in Gainsborough has two reception rooms, a kitchen and a family bathroom. The accommodation is described as suitable for immediate occupation, although modernisation is required, giving a buyer scope to update the interiors while retaining the existing room arrangement. The rear garden is generous in size and includes a range of outbuildings, one of which is stated to have an ample electrical supply and may suit workshop, hobby or storage use, subject to checks.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
79out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £110,000, this three-bedroom semi is priced well below the local average on a square-foot basis, making the asking price a clear opportunity to acquire a generously sized home with scope to add value. The interiors are dated across several rooms, but the visible work looks light in scale: a cosmetic refresh and updated finishes could make the two reception rooms and bedrooms feel much more current. The older kitchen and bathroom fittings offer further scope to tailor the home over time.
The generous rear garden and electrically powered outbuilding add useful flexibility, whether for hobbies, storage or a workshop. The visible exterior and roof appear broadly intact. This is being sold by the Modern Method of Auction; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- The below-local-average asking price offers an attractive entry point for a 951 sq ft property.
- Refresh the dated finishes across the reception rooms and bedrooms to give the home a more contemporary feel.
- Make use of the generous rear garden and electrically powered outbuilding for outdoor living, hobbies or storage.
Key risks
None recorded.
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Transport
Nearest stations
Gainsborough Lea Road Rail Station
0.1 miles
Train · Gainsborough
Gainsborough Central Rail Station
1.0 miles
Train · Gainsborough
Retford Low Level Rail Station
8.8 miles
Train · Retford
Retford Rail Station
8.8 miles
Train · Retford
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£416
Based on a loan of £82,500 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-26.7% since listed
£110,000£40,000(-26.7%)
03/10/2026£150,000Initial listing
17/09/2026Services
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