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Springs Way, Brigg DN20 - Image 1
Springs Way, Brigg DN20 - Image 2
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Springs Way, Brigg DN20

Yorkshire

£275,000
Listed on 09/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This site, approximately 0.5 acres in size, is strategically located at the intersection of Carey Lane and Springs Way in the historic town of Brigg, North Lincolnshire. Previously utilized for car parking and retail storage, the land presents a unique redevelopment opportunity within a conservation area. With excellent proximity to local amenities such as shops, schools, bars, cafes, and healthcare facilities, it offers significant potential for investment or renovation. The location ensures easy access to major transport routes via the A15 and A18 as well as being just three miles from the M180 motorway. Importantly, Full Planning Permission has been secured under licence number pa/2017/1652 since January 2018. A preliminary start has been acknowledged by local planners, meaning that the groundwork for your project is already laid out. Additionally, there exists an opportunity to acquire an adjacent block of four rental apartments generating a steady annual income of £24,000. This could present a lucrative investment when combined with development plans for the site.

Investment Analysis

(DN20 area)
Area Average
£210/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DN20)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 7.6%
5 year growth: 17.7%
Investment Disclaimer: Analysis based on DN20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Springs Way, Brigg DN20
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE