Block of flats

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Block of flats

Iron Gate, Derby DE1
£295,000

Price History

Initial price £297,000
06/12/25 £290,000
10/01/26 £295,000
Price Change -0.67%

Description

This portfolio of six flats in Derby is a lucrative investment opportunity for investors seeking a steady and rewarding rental return. The property, located in a city centre with close proximity to amenities and transport links, currently generates an annual gross income of £50,136. With the current tenants in place, this would be a worthwhile addition to an investor's portfolio. The key selling advantage is that selling the six apartments to one investor would grant them the right-to-manage advantage, allowing them to take over the management of the entire block. This is a unique opportunity for investors to expand their property portfolio and enjoy the benefits of managing a larger property.