Residential (land) for sale Coxs Hill, Gainsborough, DN21

Guide Price

£225,000

Added on 16/09/2026

For sale by auction

Type: Land
Tenure: Freehold

Key features

Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Potential single grand designs style project subject to planning. The water tower itself could also suit a unique Airbnb
Full planning permission granted - Full plans available from West Lindsey Planning ref:WL/2024/00763
A rare and unique development opportunity to develop the site of a grade II Listed water Tower
Three new five bedroom dwellings plus conversion of the water tower to a two bedroom dwelling
Approx one acre plot with an estimated GDV in the region of £2.3m

About this property

The site is positioned to the fringes of the town centre in an attractive and elevated setting. The town itself has an abundance of amenities including shops, restaurants, a busy market square and the highly acclaimed Marshalls Yard Shopping centre. There is a superb choice of schools both primary and secondary which include the highly regarded Queen Elizabeth's grammar school deemed to be one of the best in the county.

Council tax

Ask agent

Per year

Band A

£1,570
Band B

£1,831
Band C

£2,093
Band D

£2,354
Band E

£2,877
Band F

£3,401
Band G

£3,924
Band H

£4,709

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In West Lindsey, 2026/27 bills run from £1,570 a year in band A to £4,709 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across West Lindsey, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Listed

September 2026 £225,000

this listing

Past sales can't be shown: the agent hasn't given the house number.

Location

Coxs Hill, Gainsborough, DN21

Open map Street View

Mortgage and stamp duty

Property price £225,000

£112k £338k

Deposit10% £23,000

£0 £225k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £202,000 mortgage. Most lenders would want a household income of about £45,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Chrysalis Cottage, Coxs Hill Detached	Detached	May 2017	n/a	n/a	n/a	£228,000
Chrysalis Cottage, Coxs Hill Detached	Detached	Mar 2009	n/a	n/a	n/a	£205,000
Chrysalis Cottage, Coxs Hill Detached	Detached	Jul 1998	n/a	n/a	n/a	£75,500