>
1 bedroom apartment for sale
Iron Gate, Derby
£60,000
Iron Gate, Derby
£60,000
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, practicality, and investment potential. The property features a bright and functional open-plan layout with two side-facing windows, electric radiator, and modern kitchenette with integrated appliances. The compact bathroom is stylishly fitted with 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 excellent transport links. The apartment has a proven rental track record, currently tenanted by a working professional, and has consistently generated a strong 8% return on investment for the past two years, making it an attractive, low-maintenance property with excellent city centre appeal.