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Iron Gate, Derby 1 bed apartment for sale
Iron Gate, Derby
£65,000
Iron Gate, Derby
£65,000
Our Summary
- Perfectly located for city living, this property offers an excellent investment opportunity with a proven rental track record
- Perfect investment opportunity
Description
This studio apartment in Derby's historic Cathedral Quarter is a well-presented and practical property that offers an excellent investment opportunity. The open-plan layout incorporates living, dining, sleeping, and kitchen areas, with natural light flowing through 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. The compact bathroom features a shower cubicle, wash hand basin, and WC. Located in the heart of the city, the property is within walking distance of shops, restaurants, cultural attractions, and transport links, making it an attractive option for city living. The apartment is currently tenanted by a working professional and has consistently been rented to professional tenants for the past two years, generating a strong 8% return on investment.