I have come across this 3 bedroom terrace property in Alger Walk, Southway. The property is being marketed for £119,950 with Mansbridge and Balment at their North Plymouth Branch at Woolwell Tesco's. The property is in very good condition and looks like no work would be required to let the property out.
The property would rent for £650PCM. This will give a yield of 6.5% which is very good.
The property being a freehold property should also benefit from capital growth. In the last year Alger Walk has seen price increases of 4.17%.
If this property is of interest then please get the roof looked at prior to purchase.
More details can be found here.
http://www.zoopla.co.uk/for-sale/details/33481962
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