Iron Gate Studios, Derby, Derbyshire, DE1
MC

Iron Gate Studios, Derby, Derbyshire, DE1

By McGowan Housing

£ 330,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Multi-Unit Property | Portfolio of 6 Flats | Utility Area | Good Condition | Allocated Parking | Easy Access to Local Amenities

Property Oracle says ..

Iron Gate Studios is a block of apartments located in the Arboretum area of Derby. The property is listed at £330,000 and comprises six bedrooms and six bathrooms across 2,507.99 sqft. The average property price in the area is £212,676, with an average price per sqft of £241. Nearby comparable properties range significantly in price, from £70,000 for a studio to £875,000 for a house. The provided images show the interior of the apartments, which appear to be in generally fair condition, though some areas show signs of wear and tear, particularly in the bathrooms. There is no indication of exterior space or land associated with the property. The location is central, with several schools and transportation options nearby. Given the size, location, and condition, the list price appears to be at the higher end of the market, although not unreasonable considering the number of apartments and potential rental income.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
6
Location
8
Land
1
Bedrooms
6
Bathrooms
6
Sqft (est)
2,507.99

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 %
from 201,530.00 £
Est sale value
795,032.83 £
Increased by 20.99 %
from 657,093.38 £
Average area rental value
906.00 £/mo
Increased by 1.12 %
from 896.00 £/mo
Est letting value
2,507.99 £/mo
Unchanged by 0.00 %
from 2,507.99 £/mo
Est rental Yield
4.50 %
Decreased by 15.73 %
from 5.34 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Landau Forte CollegeAcademy Sponsor LedOutstanding0.65 KM
St Mary'S Catholic Voluntary AcademyAcademy Converter0.82 KM
Central Community Nursery SchoolLocal Authority Nursery SchoolGood0.92 KM
Becket Children'S CentreChildren's Centre0.96 KM
West End Children'S CentreChildren's Centre1.00 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Sowter Road £ 170,00000.00 KM
Sadlergate Bridge £ 000.00 KM
Riverside Path £ 115,00000.00 KM
Albert Street £ 000.00 KM
Exchange Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby1823DBY1.79 KM
Peartree1687PEA3.02 KM
Duffield1691DFI7.26 KM
Spondon1699SPO7.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Iron Gate, Derby £ 70,000BUY5 / 100.00 KM
6 self-contained studios £ 325,000BUY5 / 100.00 KM
Iron Gate Studios, Derby, Derbyshire, DE1 £ 330,000BUY5 / 100.00 KM
Iron Gate, Derby £ 65,000BUY5 / 100.01 KM
Iron Gate, Derby City Centre £ 65,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
36 Sadler Gate £ 20,0000.20 KM
57 Green Lane £ 246,0000.33 KM
25 Macklin Street £ 45,0000.41 KM
33 Macklin Street £ 125,0000.42 KM
43 Macklin Street £ 71,0000.42 KM