Studio flat in Derby
Apartment 5, Iron Gate Studios 37-38, Iron Gate, Derby DE1 3GA
- Lot No: 228
- Property Type: Studio flat
- Contract Type: Split fee
Guide Price* £30,000-£35,000 plus fees
Result Sold Prior to Auction
Property Description
An excellent first floor studio apartment set in the city centre near excellent amenities. This apartment is let at £175 per week - £9,100 per annum representing a yield of 23% against guide price. In excellent condition set in the old Iron Gate Studios, adding character to the building. This is a great portfolio rental property giving great returns in a very popular city.
Leasehold Information
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Leasehold
Auction Details
Date 26th September 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
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