Iron Gate, Derby DE1 6 bed block of apartments for sale

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Iron Gate, Derby DE1 6 bed block of apartments for sale

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.