Property With Potential logo Property With Potential - return to homepage
1 bed property, in Iron Gate, £60,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

1 bed flat

Iron Gate, Derby
£60,000
-7.7%

Price History

Initial price £65,000
Nov 20, 2025 £60,000
Price Change -7.7%

Our Summary

  • Perfect investment opportunity
  • Perfectly located for city living, this property offers an excellent investment opportunity with a proven rental track record

Get alerted when similar properties are listed — Subscribe

Description

This well-presented studio apartment in Derby's historic Cathedral Quarter offers a perfect blend of city living and investment opportunity. The open-plan layout combines living, dining, sleeping, and kitchen areas in a bright and functional space, with two side-facing windows and an electric radiator for warmth. The modern kitchenette is equipped with a range of grey units, wood-effect surfaces, and integrated appliances, while the compact bathroom features a shower cubicle, wash hand basin, and WC.

The property is located in a sought-after city centre location, within walking distance of shops, restaurants, cultural attractions, and transport links. Currently tenanted by a working professional on a 12-month agreement, the apartment has consistently generated a strong 8% return on investment over the past two years, making it an attractive, low-maintenance property with excellent city centre appeal.