22 and 23 Bridge Street, Brigg, DN20 8LY

£420,000

8 Bedroom Block of Apartments for sale in Brigg

8 8 8
  • 8 Self Contained Flats
  • All Flats currently let, generating £36,300 P.A
  • Excellent Investment Opportunity
  • Prime Location in the Market Town of Brigg
  • Off Road Parking via a Rear Car Park
  • Valid EICR and Gas Safety Certificate's for each Flat
  • Long Term Tenants, up to 14 years of Occupancy

An excellent investment opportunity comprising eight self-contained flats situated on Bridge Street in Brigg. The property is fully let, providing an established rental income stream of £36,300 per annum, with long-term tenants in situ and occupancy extending up to 14 years.

Arranged over four floors, the building comprises six one-bedroom flats and two studio flats, including two basement flats. This mix of accommodation offers a manageable multi-unit investment, with income generated across eight individual tenancies.

Externally, the property benefits from off-road parking within a rear car park, adding practical value for tenants.

All eight flats are currently occupied, providing an established income-producing asset with continuity of rental income. Each flat also benefits from a valid Electrical Installation Condition Report (EICR) and gas safety certificate, supporting ongoing compliance and management of the property.

Located in Brigg, the property presents an opportunity for investors seeking an established residential investment in a single location. Further details regarding the current annual rental income, tenancy information and operating costs can be provided to interested parties.

Current annual rental income: £36,300 per annum with potential for this income to be increased.

Important Information

  • This is a Freehold property.
  • This Council Tax band for this property is: A
  • EPC Rating is D

Property Ref: 2e5bb89b-8fd7-4520-b2ff-cbecc4b6ba50

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