Guide price
£14,000
2 bed terraced house for sale12 Louisberg Road Hemswell Cliff, Gainsborough, Lincolnshire DN21
2 beds
EPC Rating: C
- Auction
Auction House Lincolnshire, North Notts & South Yorks
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About this property
For sale by online auction on Tuesday, 23 Sep 2025 ending at 13:02
*online Unconditional Auction Opening 22 September 2025*
To register for the legal pack and bidding, please visit our website:
Situation:
A property is situate in a prominent position on Loisberg Road, Hemswell Cliff, the village offers a range of facilities and amenities, as well as being ideally located for access to the surrounding towns of Gainsborough, Scunthorpe and the City of Lincoln.
Description:
An opportunity to acquire this well-proportioned and versatile mid terrace 3 bedroom house benefitting from double glazing and central heating. The property is ideal for both owner occupiers and investors alike, with scope to add significant value, and potential to generate a substantial yield (based on current guide price), in this area with strong rental demand. Potential income of £750pcm (£9000 per annum).
The property has been approved by the local authority and serco for their use (info provided by serco) with rent of £1473.33 per month (£17,679.96 per annum) if re-configured as a 4-bedroom property.
Accommodation Ground Floor
Entrance Hall
Sitting Room
Dining Kitchen
WC
First Floor
Bedroom 1
Bedroom 2
Bedroom 3
Family Bathroom
WC
Outside
Enclosed gardens to front and rear. Allocated parking space.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 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.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract
Portrait Video Tour
False
EPC Rating: C
Additional Fees
Administration Charge - Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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