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For sale
£110,000Guide price

Spital Terrace, Gainsborough, Lincolnshire, DN21 2HD

3bedrooms
1bathroom
Semi-Detachedtype

Listed 23 Sept 2026 · Gainsborough

How the price compares

This home£110,000
Median 3 bed in DN21£170k93 homes listed · £152 per sq ft
Difference-35%below the area median

Key features

  • Three-Bedroom Semi-Detached Property
  • In Need of Modernisation
  • Excellent Investment or First-Time Buyer Opportunity
  • Conveniently Located Close to Gainsborough Town Centre
  • Front Garden & Enclosed Rear Yard
  • On-Street Parking
  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction

About this home

Offered for sale via the Modern Method of Auction. A three-bedroom semi-detached property situated close to Gainsborough town centre, offering excellent potential for modernisation and improvement. Benefitting from a front garden, enclosed rear yard and on-street parking.

Step Inside

This three-bedroom semi-detached property presents an excellent opportunity for buyers looking to create a home to their own taste. Offering well-proportioned accommodation with plenty of potential, the property could appeal to first-time buyers, families and investors alike.

Step Outside

To the front is a private garden area, providing a pleasant approach to the property, while to the rear is an enclosed yard offering a low-maintenance outside space. Street parking is available nearby.

Location

Situated on Spital Terrace in Gainsborough, the property is conveniently located close to the town centre, providing easy access to a range of shops, amenities and everyday services. Its central position and potential for improvement make it an appealing opportunity for a variety of purchasers.

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 £349.00 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 4.5% 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

ENTRANCE HALL

LIVING ROOM 12' 8" x 12' 7" (3.85m x 3.83m)

DINING ROOM 13' 10" x 13' 6" (4.22m x 4.11m)

KITCHEN 15' 11" x 8' 9" (4.85m x 2.67m)

LANDING

BEDROOM ONE 16' 10" x 12' 7" (5.12m x 3.83m)

BEDROOM TWO 13' 10" x 10' 2" (4.22m x 3.09m)

BEDROOM THREE

BATHROOM 8' 9" x 6' 0" (2.67m x 1.84m)

CELLAR 20' 7" x 15' 7" (6.28m x 4.75m)

AGENTS NOTES TO BUYERS Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property. These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees. Buyers should ensure they seek appropriate financial advice and budget accordingly.

Property details

Property type
Semi-Detached
Council tax band
A
Garden
Yes

Floorplan

Floorplan

Location

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  • Gainsborough Central Station0.2 mi
  • Gainsborough Lea Road Station1.1 mi

What nearby homes sold for

Median sold prices in DN21 over the last 12 months: detached £285k · terraced £110k · semi-detached £168k · flat £80k.

AddressTypeSoldPrice
39 Spital Terrace
Gainsborough DN21 2HD
Terraced
Freehold
24 Mar 2025£235,000
35 Spital Terrace
Gainsborough DN21 2HD
Detached
Freehold
14 Mar 2025£140,000
20 - 22, Spital Terrace
Gainsborough DN21 2HE
Other
Freehold
31 May 2024£54,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DN21

Buying costs

Monthly repayment£550£11,000 deposit · £99,000 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by DDM Residential, Gainsborough on Rightmove (original listing). First listed 23 Sept 2026; details checked 7 Nov 2026. Latest change: added on 23/09/2026.

Agent disclaimer

Disclaimer - Property reference GAS260239. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DDM Residential, Gainsborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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