£60,000
Est. Mortgage £274 per month*
1 bedroom flat for sale
Iron Gate, Derby City Centre
flat 
1 bedroom Property description
A superb chance to acquire a well-positioned studio flat located in the vibrant heart of Derby city centre, within the sought-after area of Iron Gate. This compact yet functional studio apartment offers a well-proportioned layout combining living and sleeping areas, complemented by a contemporary ensuite shower room, making it perfectly suited for first-time buyers, city professionals, or investors.
Situated within walking distance of local amenities, shops, restaurants, and excellent transport links, this property benefits from an excellent city centre location, providing convenience and lifestyle advantages that are hard to beat. The property is currently let on a tenancy agreement running until 5th August 2025, generating a rental income of £170 per week. This equates to a gross annual income of approximately £8,840, making it an attractive buy-to-let investment. The sale can be completed either with vacant possession or with the tenant remaining in situ under the statutory tenancy period, offering flexibility to suit your purchasing needs.
Offered with no upward chain, this studio flat represents exceptional value and potential in Derby’s thriving property market. The property must be viewed to fully appreciate the convenient location and the opportunities it presents, whether you are seeking a practical home or a strong investment.
The studio is located on the first floor (there are no studios on the ground floor), there is no lift, access is via stairs, which is one flight to get to that floor.
Arrange your viewing today to avoid disappointment.
Situated within walking distance of local amenities, shops, restaurants, and excellent transport links, this property benefits from an excellent city centre location, providing convenience and lifestyle advantages that are hard to beat. The property is currently let on a tenancy agreement running until 5th August 2025, generating a rental income of £170 per week. This equates to a gross annual income of approximately £8,840, making it an attractive buy-to-let investment. The sale can be completed either with vacant possession or with the tenant remaining in situ under the statutory tenancy period, offering flexibility to suit your purchasing needs.
Offered with no upward chain, this studio flat represents exceptional value and potential in Derby’s thriving property market. The property must be viewed to fully appreciate the convenient location and the opportunities it presents, whether you are seeking a practical home or a strong investment.
The studio is located on the first floor (there are no studios on the ground floor), there is no lift, access is via stairs, which is one flight to get to that floor.
Arrange your viewing today to avoid disappointment.
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Property photos
Council tax
First listed
Over a month agoEnergy Performance Certificate
Iron Gate, Derby City Centre
Marketed by
haart Estate Agents - Derby 25 St James Street Derby DE1 1RFCall agent on 01332 494591
Placebuzz mortgage repayment calculator
Monthly repayment
£274
We think you can borrowAdd your household income
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Iron Gate, Derby City Centre - Streetview
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