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Iron Gate, Derby DE1 6 bed block of apartments for sale
Iron Gate, Derby DE1
£318,000
Iron Gate, Derby DE1
£318,000
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 rental return. The property, situated in a city centre location with excellent transport links, currently generates an annual gross income of £50,136 from its tenants. With its good condition and amenities such as a utility area and allocated parking space, this multi-unit property is a worthwhile addition to any investor's portfolio. The unique selling point is that selling the six apartments to one investor would grant them the right-to-manage advantage, allowing them to take over the management of the entire block. This presents a rare opportunity for investors to expand their property portfolio and maximize their returns.