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Iron Gate, Derby DE1 6 bed block of apartments for sale
Iron Gate, Derby DE1
£295,000
Iron Gate, Derby DE1
£295,000
Price History
| Initial price | £330,000 |
| 06/04/25 | £325,000 |
| 12/04/25 | £320,000 |
| 17/04/25 | £315,000 |
| 28/08/25 | £318,000 |
| 02/09/25 | £325,000 |
| 03/09/25 | £320,000 |
| 10/09/25 | £318,000 |
| 18/09/25 | £305,000 |
| 20/09/25 | £301,000 |
| 18/11/25 | £297,000 |
| 06/12/25 | £290,000 |
| 10/01/26 | £295,000 |
| Price Change | -10.61% |
Description
This portfolio of 6 flats in Derby is a lucrative investment opportunity for those seeking a steady and rewarding rental return. The property is currently generating an annual gross income of £50,136 and is situated in a city centre location with excellent transport links and proximity to local amenities. The property itself is in good condition and features 6 bedrooms, a lounge, kitchen, and bathroom, as well as a utility area and allocated parking space. One of the key selling points is that selling the entire block to one investor would grant them the right-to-manage advantage, allowing them to take control of the entire property. With a purchase price that aligns with the current rental income, this property has the potential to be a worthwhile addition to an investor's portfolio.