>
Iron Gate, Derby DE1 6 bed block of apartments for sale
Iron Gate, Derby DE1
£301,000
Iron Gate, Derby DE1
£301,000
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 |
Price Change | -8.79% |
Description
This portfolio of six flats in Derby is a lucrative investment opportunity for landlords, currently generating a steady annual gross income of £50,136. The property, situated in a city centre location with excellent transport links, consists of six bedrooms, a lounge, kitchen, and bathroom, as well as a utility area and allocated parking space. With the current tenants already in place, the property offers a hassle-free takeover for the new investor, who will also have the right-to-manage advantage as they own 50% of the 12-apartment block. This property presents a worthwhile addition to any investor's portfolio, offering a rewarding rental return and a convenient management setup.