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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, located in Derby's historic Cathedral Quarter, offers a unique blend of city living and investment potential. The property boasts a bright and functional open-plan layout, perfect for everyday living and entertaining. The modern kitchenette is equipped with all necessary appliances, while the bathroom is compact yet stylish. The apartment's most notable feature is its established rental history, with a proven track record of generating a strong 8% return on investment. Currently tenanted by a working professional, the property is situated in one of Derby's most sought-after city centre locations, within walking distance of shops, restaurants, cultural attractions, and excellent transport links. With its straightforward layout, desirable location, and established rental history, this studio represents an attractive, low-maintenance property with excellent city centre appeal.