I have come across the following little gem courtesy of Your Move. They have a 2 bedroom flat in the St Budeaux area with a guide price of £60,000 to £70,000. The flat might not be to everyone cup of tea, and future capital growth might not be that great, but you should be able to let that flat to LHA tenants for the 2 bedroom LHA rate which is £525PCM. The flat itself internally looks smart and no work would be required in order to get the property ready to let,
If you can get the property for £60,000 your looking at a great double digit yield of 10.5%, even at the £70,000, the yield would be 9%, still not bad. I know some student lets that don't have this sort of yield.
Snap it up before its gone.
http://www.zoopla.co.uk/for-sale/details/33193332
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