6 self-contained studios and 1 student accommodation unit,
By The Home Cloud
£ 400,000
Reviews
2 out of 5 stars
The Home Cloud says ..
Prime opportunity to own 6 self-contained studios in Derby and 1 self-contained student accommodation unit in Liverpool, offering independent living spaces in sought-after locations.
Property Oracle says ..
This property is a block of 7 self-contained studios located on Iron Gate in Derby. The location is central, close to the train station and several schools, suggesting a potentially high demand for rental income. However, the provided images reveal that the property may require some maintenance or upgrades to maximize its rental potential. The list price of £400,000 seems high compared to the average house price in the area (£212,676) and other nearby listings, especially given the lack of information on the property’s square footage. More information is needed to determine the value for money. The lack of plot size information prevents a detailed analysis of the land aspect.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 6
- Location
- 8
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 7
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 241,538.00 £Increased by 19.85 %
- Average area rental value
- 906.00 £/moIncreased by 1.12 %
- Est rental Yield
- 4.50 %Decreased by 15.73 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
The Home Cloud created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Landau Forte College | Academy Sponsor Led | Outstanding | 0.65 KM |
| St Mary'S Catholic Voluntary Academy | Academy Converter | 0.82 KM | |
| Central Community Nursery School | Local Authority Nursery School | Good | 0.92 KM |
| Becket Children'S Centre | Children's Centre | 0.96 KM | |
| West End Children'S Centre | Children's Centre | 1.00 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sowter Road | £ 170,000 | 0 | 0.00 KM |
| Sadlergate Bridge | £ 0 | 0 | 0.00 KM |
| Riverside Path | £ 115,000 | 0 | 0.00 KM |
| Albert Street | £ 0 | 0 | 0.00 KM |
| Exchange Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby | 1823 | DBY | 1.79 KM |
| Peartree | 1687 | PEA | 3.02 KM |
| Duffield | 1691 | DFI | 7.26 KM |
| Spondon | 1699 | SPO | 7.49 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Iron Gate, Derby | £ 70,000 | BUY | 5 / 10 | 0.00 KM |
| 6 self-contained studios | £ 325,000 | BUY | 5 / 10 | 0.00 KM |
| Iron Gate Studios, Derby, Derbyshire, DE1 | £ 330,000 | BUY | 5 / 10 | 0.00 KM |
| Iron Gate, Derby | £ 65,000 | BUY | 5 / 10 | 0.01 KM |
| Iron Gate, Derby City Centre | £ 65,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36 Sadler Gate | £ 20,000 | 0.20 KM |
| 57 Green Lane | £ 246,000 | 0.33 KM |
| 25 Macklin Street | £ 45,000 | 0.41 KM |
| 33 Macklin Street | £ 125,000 | 0.42 KM |
| 35 Macklin Street | £ 45,000 | 0.42 KM |