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

>

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

Iron Gate, Derby DE1
£318,000

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
Price Change -3.64%

Description

This portfolio of six flats in Derby is a lucrative investment opportunity for investors seeking a steady rental return. The property, situated in a city centre location with excellent transport links, currently generates an annual gross income of £50,136 from its tenants. With its good condition and amenities such as a utility area and allocated parking space, this multi-unit property is a worthwhile addition to any investor's portfolio. The unique selling point is that selling the six apartments to one investor would grant them the right-to-manage advantage, allowing them to take over the management of the entire block. This presents a rare opportunity for investors to expand their property portfolio and maximize their returns.