This 4 bedroom end terrace property located in Westfield, Plympton caught my attention today. The property is being marketed by Fox and Sons from their Plympton branch. The asking price is £149,950.
This property looks in good condition with a modern fitted kitchen and bathroom, it should be able to be rented out straight away without any major work. The property will rent out all day long at £800 per calendar month. This would give a yield of 6.4% which is better than the return you would get from your bank. The property should also benefit from Capital Growth. Prices in the PL7 area have risen by 10% in the last year.
More details of the property can be found on Zoopla. http://www.zoopla.co.uk/for-sale/details/33685243
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