1 bedroom apartment for sale

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1 bedroom apartment for sale

Iron Gate, Derby
£60,000

Price History

Initial price £65,000
20/11/25 £60,000
Price Change -7.69%

Description

This studio apartment in Derby's historic Cathedral Quarter offers a unique blend of city living and investment potential. The property features a bright and functional open-plan layout, with two side-facing windows allowing natural light to flow in. The modern kitchenette is equipped with a range of grey units, wood-effect surfaces, and integrated appliances, while the compact bathroom is fitted with a shower cubicle, wash hand basin, and WC. The apartment is perfectly located for city living, with shops, restaurants, cultural attractions, and excellent transport links just a short walk away. With a proven rental track record and currently tenanted by a working professional, this property generates a strong 8% return on investment, making it an attractive, low-maintenance option for investors.