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 Studios, Derby, Derbyshire, DE1
£315,000

Price History

Initial price £330,000
06/04/25 £325,000
12/04/25 £320,000
16/04/25 £315,000
Price Change -4.55%

Description

This portfolio of six flats in Derby is a lucrative investment opportunity for investors seeking a steady stream of rental returns. The property, located in the city centre with easy access to amenities and transportation links, consists of six bedrooms, a lounge, kitchen, and bathroom, as well as a utility area and allocated parking space. Currently generating an annual gross income of £50,136, the property offers a worthwhile addition to an investor's portfolio. A key selling advantage is that purchasing the six apartments would grant the investor the right to manage the entire block, comprising 12 apartments in total. With a Let Property Pack available for further detail, this is an excellent chance for investors to secure a rewarding investment with a steady income stream.