Former School, Lea Road
Auction House London land

Former School, Lea Road, Gainsborough, Lincolnshire, DN21 1AF

£150,000 Score 7.5/10

Description

A Development Opportunity Comprising a Vacant Building on a Site Extending to Approximately 0.7 acres (2,851 sq m / 30,694 sq ft), with Planning Permission for 28 Residential Flats (23 x Two Bed and 5 x

Opportunities

  • Development potential
  • £5/sqft
  • Title split (46 units)
  • Poor condition

Lot details

  • commercial
  • Freehold
  • A Development Opportunity Comprising a Vacant Building on a Site Extending to Approximately 0.7 acres (2,851 sq m / 30,694 sq ft), with Planning Permission for 28 Residential Flats (23 x Two Bed and 5 x

Estimated value

£143k – £215k ≈ £179k Low confidence
How we worked this out

Based on West Lindsey average for land (£211k) · -15% (Poor / derelict condition · Title split potential)

Indication only — based on Land Registry sales and EPC data, not a formal valuation.

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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.