I have seen this 3 bedroom terraced property in Woodford, Plympton. The property is being marketed by City Sale for £148,950. The property is in a very popular area close to good schools.
The property should rent for around the £750 market. This gives a yield based on purchase price of 6%. This is a fair yield, well better than the return from your bank. Plympton also offers good capital growth as well. Prices have risen by over 10% in the last 12 month in the Plympton area.
More details can be found on Zoopla. http://www.zoopla.co.uk/for-sale/details/32148812
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