Block of flats

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Block of flats

Iron Gate, Derby DE1
£301,000

Price History

Initial price £315,000
28/08/25 £318,000
02/09/25 £325,000
03/09/25 £320,000
18/09/25 £305,000
20/09/25 £301,000
Price Change -4.44%

Description

This portfolio of six flats in Derby is a lucrative investment opportunity for investors seeking a steady return. The property, situated in a city centre location with excellent transport links, currently generates an annual gross income of £50,136. The 6-bedroom, 1-bathroom property is in good condition and includes amenities such as a utility area and allocated parking space. As the property makes up 50% of the block, the buyer would have the right to manage the entire block, providing a unique advantage. With a current purchase price, this investment has the potential to be a worthwhile addition to an investor's portfolio.