1 bedroom flat for sale

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.