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 well-presented studio apartment is located in the heart of Derby's historic Cathedral Quarter, offering an excellent investment opportunity with a proven rental track record. The apartment features a versatile open-plan layout with a modern kitchenette, electric radiator, and compact bathroom. The property is situated in a highly sought-after city centre location, within walking distance of shops, restaurants, cultural attractions, and excellent transport links. Currently tenanted by a working professional on a 12-month agreement, the apartment has consistently been rented to professional tenants for the past two years, generating a strong 8% return on investment. With its straightforward layout, desirable location, and established rental history, this studio represents an attractive, low-maintenance property with excellent city centre appeal.