19 Lea Road, Gainsborough, Lincolnshire, DN21 1LW

Lot 10 · DN21 1LW · SW Property Auctions · East Midlands

£135,000guide price
17.8%gross yield
Residential17.8% gross yieldBeen to auction before

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

Prior auction appearance

This property appears to have been through auction before. Repeated listings can reveal pricing or legal friction.

medium confidence, AuctionRadar sold-results archive

Freehold listed

The listing indicates freehold tenure. Confirm against title and special conditions.

medium confidence, Auction listing

Watch this lot

Get the guide changes and the result by email.

View this lot on SW Property Auctions

Full legal pack, photos and bidding on the auctioneer's site.

View on SW Property Auctions
19 Lea Road, Gainsborough, Lincolnshire, DN21 1LW
Photo: SW Property Auctions catalogue

About this lot

Freehold residential investment let to an individual until 2032 producing £24,000 per annum

The property comprises a three storey end of terrace house arranged as six bedrooms. The ground floor comprises two bedrooms, dining room, kitchen, utility room and shower/WC. The first floor comprises two bedrooms, kitchen, 1 x bathroom/WC and 2 x separate WC’s and the second floor comprises two bedrooms. The property is generally in good decorative condition and has a small rear yard. Location The market town of Gainsborough lies on the east bank of the River Trent and is located 18 miles north-west of Lincoln, 16 miles south-west of Scunthorpe, 20 miles south-east of Doncaster and 39 miles east of Sheffield. Gainsborough Lea Road and Gainsborough Central mainline stations are both close by, the former providing regular train services on the Lincoln to Leeds route and between Peterborough and Doncaster.The property is situated to the south of the town centre adjacent to the River Trent, on the east side of Lea Road at the junction with Trent Street in a mainly residential area. Accommodation Ground FloorTwo bedrooms, dining room, kitchen, utility, shower/WCFirst FloorTwo bedrooms, kitchen, bathroom/WC, 2 x separate WC’sSecond FloorTwo bedrooms Tenancy The entire property is let to an individual for a term expiring on 01/09/2032 at a current rent of £24,000 per annum.We understand the property is sublet to Serco Ltd at a current rent of £31,200 per annum. Planning Local Planni…

From the SW Property Auctions listing. Read the full listing and legal pack →

Key facts

10Lot number
ResidentialUse class
FreeholdTenure
1,658 sq ftFloor area
£24K/yrPassing income
15 October 2026Auction date

Investor angles

Investment Let

This property has been to auction before

We match every lot against 190,000+ historical results. Prior appearances can reveal why a lot is back: withdrawn, unsold, or re-priced.

DateHouseResultPrice
23 July 2026Sw Property🔒🔒
11 June 2026Sw Property🔒🔒

Unlock what happened at each appearance, the result and the price, two ways:

More lots in this area

Need finance for a lot?

We are selecting a bridging partner for auction buyers. Leave your email and we will introduce you the moment it is live.

No obligation. We are not a lender or a broker, and we never pass your details to anyone without asking you first.

New lots like this every Monday, free

Monday auction briefing

New lots, guide-price cuts and market signals worth watching.

By joining, you ask us to send this property briefing. Unsubscribe any time. Privacy.

Free Checklist

The Auction Buyer's Checklist

Legal pack, finance, guide-price traps. Get the printable PDF and weekly auction alerts. Free.