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.

Rooms

Living sleeping kitchen area 19'4" x 10'2" (5.91m x 3.11m)
The kitchen area comprises of a range of wall and base units with inset sink with mixer tap, inset hob and integral oven. The sleeping area is carpeted. With windows to the outside.

Ensuite Shower Room 5'5" x 4'9" (1.67m x 1.47m)
Comprising of shower enclosure, vanity wash hand basin, close coupled WC.

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.

Here at haart, we are on a mission to get you moved. We have unique technology that gets your home hundreds more clicks, agents who listen and will negotiate hard on your behalf and you don’t pay us a penny until we succeed. Big Benefits. Being the UK’s largest independent estate agent, our size allows us to invest in the people and technology to get you moved, smart and fast and for more than you might think. No Sale, No Fee. We don’t think you should pay a penny to someone to sell or let your home, unless they actually do. So we don’t charge you until we have. As an agent we are members of the Property Ombudsman and the Association of Residential Letting Agents (ARLA) we adhere to a code of practice to ensure complete honesty and transparency in all our dealings with you.

1 bedroom flat for sale

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