Auction in 6 days
£20,000guide
Commercial Property|Freehold
Sold by Savills Auctions
This lot is no longer live (withdrawn). The auctioneer has withdrawn it.
Timed online auction
6 bed Freehold residential investment let to an individual until 2032 producing £24,000 per annum, West Lindsey, DN21
19 Lea Road, Gainsborough, Lincolnshire, DN21 1LW
A commercial property in Gainsborough (DN21), freehold. SW Property Auctions is selling it at an online auction on Thursday 15 October, with a guide of £135,000. The auctioneer's listing says it comes with a tenant in place. The stated rent is £24,000 a year, about 17.8% gross on the guide.
Written by Lotwick from the key facts. For the full particulars, see SW Property Auctions's lot page.
From the auctioneer's description:tenantedStated rent £24,000 a year · 17.8% gross on the guide
Withdrawn
£135,000
Thu 15 Oct
Status verified with SW Property Auctions 43 minutes ago
Raise a Paddle for lots like thisLocation
Open in MapsWest Lindsey, DN21. Indicative location. Sources
Estimated cost to winPrice, fees and Stamp duty (non-residential)£137,400See breakdown
Est. total£137,400
- Price£135,000
- Buyer's / admin fee£2,400
- Stamp duty (non-residential) estimate£0
- Legal pack and searches£0
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SW Property Auctions's usual buyer's fees (Fixed, inc VAT). Check the lot's legal pack. Estimate only. How fees work
Key facts
- Type
- Freehold residential investment let to an individual until 2032 producing £24,000 per annum
- Bedrooms
- 6
- Tenure
- Freehold
- Council tax band
- See legal pack
- Auction
- Thursday, 15 October 2026
- Lot number
- 10
- Auctioneer
- SW Property Auctions
- Floor area
- 173 m² (1862 sq ft)
- Energy rating
- D could be C
- Postcode
- DN21 1LW
Listed by SW Property Auctions · Lot 10 · Checked 15 Oct, 17:50 · Floor area and rating from the EPC (Oct 2025)
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Guide + works£135,000
Guide £135,000Works £0VAT & buffer
Floor area now173 m²
Energy ratingD → C
The EPC lists 4 energy upgrades costing about £21,400–£32,200 to reach C.
Extend: 0 m²Single-storey, £2,200–£3,300 per m². Today it's 173 m²
Loft
Rough 2026 ranges excluding VAT from Checkatrade, Homebuilding & Renovating and Self Build. Value estimates use Nationwide research (10% more space ≈ 5% more value; a loft or extension with a double bedroom and bathroom up to 24%). Not a valuation or a quote: view the property and get builders' quotes before you bid. Extensions and lofts may need planning permission. Floor area and energy data from the EPC register.
Sale history
| Year sold | Sold price | Change |
|---|---|---|
| 2015 | £72,162 | +11% |
| 2015 | £65,000 |
Recent sales in DN21 1LW
- 2b Lea Road · Other · Jun 2024£450,000
- 17 Lea Road · Terraced · Oct 2023£125,000
- Vestry House, 13a Lea Road · Terraced · May 2023£102,000
- The Old Toll House Gainsborough Bridge · Other · Mar 2023£27,000
- Vestry House, 13a Lea Road · Terraced · Jun 2022£61,000
- 4 - 6 Lea Road · Other · Jul 2021£300,000
Contains HM Land Registry data © Crown copyright and database right. Licensed under the Open Government Licence v3.0. England and Wales only.
Around here
Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.
© Graham Robson, CC BY-SA 2.0
© Brian Westlake, CC BY-SA 2.0
© Brian Westlake, CC BY-SA 2.0
© Stephen Craven, CC BY-SA 2.0
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