Studio for sale

37-38 Iron Gate, Derby, Derbyshire DE1

Student buy to let studio apartment | £500 pcm | 13.3% gross yield | derby city centre

An immaculate studio apartment in the heart of Derby City Centre, purpose built for student buy-to-let. Currently let for £500 pcm (13.3% gross yield).

Set on Iron Gate in the heart of Derby city centre, within close proximity to Derby University, convenient transport links, shops, restaurants and bars - in the middle of the hustle and bustle!

The apartment is set on the second floor with a modern kitchenette, bedroom area and desk space as well as a separate shower room.
Location

University of Derby:
0.4 Miles - One Friar Gate Square
0.5 Miles - The Cavendish Building
0.9 Miles - Britannia Mill
1.1 Miles - Markeaton Street
1.3 Miles - Kedleston Road

Amenities & Transport:
0.5 Miles - Derbion Shopping Centre
0.9 Miles - Derby Railway Station
1.7 Miles - Pride Park Stadium
2.0 Miles - Royal Derby Hospital
Material information

Council Tax Band: A
Local Authority: Derby City Council
Tenure: Leasehold
Lease Length: 250 years from 1st January 2019
Service Charge: £2019.52 p/a
Ground Rent: £250 p/a
Ground Rent Review Period: Tbc
Ground Rent Review Amount: Tbc
Next Ground Rent Review: Tbc
Parking Arrangements: None
Property Construction: Standard
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Electric
Broadband: Standard
Mobile Signal Coverage: Good outdoor & in-home
Please refer to Ofcom for further information.
Building Safety Issues: None
Restrictions: Student let only
Rights And Easements: None
Flood Risks Or Previous Flooding: No history
Please refer to for further information on long-term risks.
Past Or Present Planning Permissions Or Applications: N/A
Please refer to local council planning portal for further information.
Is the property located in a Coalfield Or Mining Area: No

agents note:
We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic id we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.

Fixtures and fittings:
All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed.