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Iron Gate, Derby DE1 6 bed block of apartments for sale
Iron Gate, Derby DE1
£297,000
Iron Gate, Derby DE1
£297,000
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 |
| Price Change | -10.00% |
Description
This portfolio of six flats in Derby is an attractive investment opportunity for those seeking a steady rental return. The property, located in the city centre, consists of six bedrooms, a lounge, kitchen, and bathroom, and is in good condition. Currently generating an annual gross income of £50,136, the property offers a worthwhile addition to an investor's portfolio. A key selling point is the opportunity to take over the management of the entire block, as the six apartments make up 50% of the 12-unit block, granting the investor the right-to-manage advantage. With its central location, close proximity to amenities, and fantastic transport links, this property is an excellent choice for investors looking to expand their portfolio.