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1 bedroom 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
This well-presented studio apartment is situated in the heart of Derby's historic Cathedral Quarter, offering an excellent investment opportunity with a proven rental track record. The apartment features a versatile open-plan layout with living, dining, sleeping, and kitchen areas, natural light from two side-facing double glazed windows, and an electric radiator for warmth. The modern kitchenette is equipped with a range of grey units, an inset sink, and integrated appliances, while the compact bathroom features a shower cubicle, wash hand basin, and WC. The property is located in a highly sought-after city centre location, 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.