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Iron Gate, Derby 1 bed apartment for sale
Iron Gate, Derby
£60,000
Iron Gate, Derby
£60,000
Price History
| Initial price | £65,000 |
| 20/11/25 | £60,000 |
| Price Change | -7.69% |
Description
Located in the heart of Derby's historic Cathedral Quarter, this well-presented studio apartment offers an excellent investment opportunity with a proven rental track record. The property features a versatile open-plan layout with a bright and functional space, complete with two side-facing double glazed windows and an electric radiator. The modern kitchenette is equipped with a range of grey units, wood-effect work surfaces, and integrated appliances. The compact bathroom is fitted with a shower cubicle, wash hand basin, and WC. Situated in one of Derby's most sought-after city centre locations, the property is within walking distance of shops, restaurants, cultural attractions, and excellent transport links. Currently tenanted by a working professional on a 12-month agreement, the apartment has consistently been rented to professional tenants for the past two years, generating a strong 8% return on investment. With its straightforward layout, desirable location, and established rental history, this studio represents an attractive, low-maintenance property with excellent city centre appeal.