Iron Gate, Derby 1 bed apartment for sale

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Iron Gate, Derby 1 bed apartment for sale

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 offers a unique blend of convenience, functionality, and investment potential. With a versatile open-plan layout, the property features a modern kitchenette, compact bathroom, and built-in storage solutions. The apartment is perfectly situated for city living, within walking distance of shops, restaurants, cultural attractions, and excellent transport links. Currently tenanted by a working professional on a 12-month agreement, the property has consistently generated a strong 8% return on investment over the past two years, making it an attractive and low-maintenance option for investors. With its desirable location and established rental history, this studio apartment is an excellent choice for those looking for a hassle-free investment opportunity in the heart of Derby.