The property is located in Penrose Street, which is located close to the City Centre and University. The property looks in fairly good condition and would need little work to rent out. On a normally let this flat should rent out for £650 a month. This would give a yield of 7% based on a purchase price based at the lower end of their guide. There could be scope to increase the rent if the property was rented to students and the property could rent for around the £850 to £900 to Students.
More details can be found on Zoopla. http://www.zoopla.co.uk/for-sale/details/34664879#yyA3cXuQ5WM6ZwUI.97
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