172-176 Trinity Street, Gainsborough, Lincolnshire, DN21 1JW

Lot 4 · DN21 1JW · Auction House South Yorkshire · East Midlands

£100,000guide price
Mixed-Use
172-176 Trinity Street, Gainsborough, Lincolnshire, DN21 1JW
Photo: Auction House South Yorkshire catalogue

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.

EPC not confirmed

The listing does not show a clean EPC rating. The full pack checks the official register by address.

low confidence, Auction listing enrichment

Tenure not captured

The full pack should confirm freehold, leasehold, or mixed tenure from the legal pack.

not verified confidence, Auction listing

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About this lot

Mixed Use

Situation: The property is prominently positioned in the heart of Gainsborough, on Trinity Street, offering excellent access to the centre and its wealth of facilities and amenities, including the popular Marshalls Yard retail and leisure complex. The surrounding towns of Retford, Newark, Scunthorpe and cities of Doncaster and Lincoln are all easily accessible. Description: A wonderful opportunity to acquire this mixed use, 3 story property in the heart of this popular Lincolnshire market town, giving significant further scope for income currently passing at £10,800 per annum. The property is arranged as a ground floor retail unit, currently let at £6000 per annum to an established business of over 3 years, along with both first and second floor being self contained flats, the upper of which is subject to a tenancy at £4800 per annum. The first floor flat is in need of some improvement work but offers further potential for additional income, with current market rents for a well appointed flat of this nature achieving circa £525/£550pcm. The total potential income (with rents at market value and further improvement works) approaching £20,000 per annum. Ground Floor Primary Retail Unit, Front Service Area, Rear Ancillary Rooms and Space Total Floor Area Approx 60sqm First Floor Self Contained Flat Total Floor Area Approx 42sqmSecond Floor Self Contained Flat Total Floor Area Appr…

From the Auction House South Yorkshire listing. Read the full listing and legal pack →

Key facts

4Lot number
Mixed-UseUse class

Recent sold prices nearby

20 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

48 AS***** RO**DN21 1LD£45,000
194 SA***** LA**DN21 1DD£127,000
4 DA**** ST****DN21 1DL£53,500

17 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in DN21

Evidence from 819 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+74.4%median uplift
£27,500typical value added
3.8 yearstypical hold period

See 819 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 819 registered sale pairs in DN21 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

Investor angles

Mixed Use

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