Iron Gate, Derby, DE1 3GA

Welcome to Iron Gate — a well-presented studio apartment situated in the heart of Derby’s historic Cathedral Quarter.

Perfectly located for city living, this property offers an excellent investment opportunity with a proven rental track record.

The apartment is designed for ease and practicality, with a versatile open-plan layout that incorporates living, dining, sleeping, and kitchen areas within a bright and functional space.

Two side-facing double glazed windows allow natural light to flow through, complemented by an electric radiator for warmth.

The modern kitchenette is neatly fitted with a range of grey wall and base units, wood-effect rolled edge work surfaces, an inset sink, integrated oven with hob and extractor, and an integrated fridge freezer.

Built-in features, including a wardrobe, desk, and drawers, add valuable storage and enhance the usability of the space.

The bathroom is compact yet stylish, fitted with a shower cubicle housing an electric shower, wash hand basin, and WC.

Set within one of Derby’s most sought-after city centre locations, the property places you within walking distance of shops, restaurants, cultural attractions, and excellent transport links.

Adding to its appeal as an investment, the apartment is currently tenanted by a working professional on a 12-month agreement and 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.

Studio   4.27m max x 3.99m max Open-plan living space with two side-facing double glazed windows, electric radiator, built-in wardrobe, desk and drawers.

Fitted kitchenette comprising wall and base units with grey doors, wood-effect rolled edge work surfaces, inset sink, integrated oven, hob with extractor, and integrated fridge freezer.

Shower Room   1.67m x 1.47m Fitted with shower cubicle housing electric shower, wash hand basin, WC, tiled splashbacks, extractor fan, and ceiling light.

Disclaimer   haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.

If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.

We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.