1 bedroom flat for sale

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1 bedroom flat for sale

Iron Gate, Derby City Centre
£60,000

Our Summary

  • Offered with no upward chain, this studio flat represents exceptional value and potential in Derby’s thriving property market

Description

This studio flat is a rare opportunity to own a well-positioned property in the heart of Derby city centre, with a compact yet functional layout that combines living and sleeping areas. The property features a contemporary ensuite shower room and is situated within walking distance of local amenities, shops, restaurants, and excellent transport links. The studio is currently let on a tenancy agreement until 2025, generating a rental income of £8,840 per year, making it an attractive buy-to-let investment. The sale can be completed with vacant possession or with the tenant remaining in situ, offering flexibility to suit the buyer's needs. With no upward chain and exceptional value and potential in Derby's thriving property market, this studio flat is a practical home or strong investment opportunity that must be viewed to fully appreciate its convenient location and opportunities.