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Block of flats
Iron Gate, Derby DE1
£301,000
Iron Gate, Derby DE1
£301,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This portfolio of six flats in Derby is a lucrative investment opportunity for investors seeking a steady return. The property, situated in a city centre location with excellent transport links, currently generates an annual gross income of £50,136. The 6-bedroom, 1-bathroom property is in good condition and includes amenities such as a utility area and allocated parking space. As the property makes up 50% of the block, the buyer would have the right to manage the entire block, providing a unique advantage. With a current purchase price, this investment has the potential to be a worthwhile addition to an investor's portfolio.