I have come across the following property courtesy of Connells. This flat is what i call a steady flat. They have a 2
bedroom flat in Whitehaven Way, Soutway with a asking price of £116,000.
The flat is recently new build flat and is very well presented. We recently let a flat like this in the same area for £625. The flat was let very quickly and we had very strong demand from staff from Derriford hospital.
With a asking price of £115,000 and rent of £625 a month, this make the yeild a respectable 6.5%. The property is in an area with new developement still being built so demand on re-sale should also be strong.
More details can be found on Zoopla. http://www.zoopla.co.uk/for-sale/details/33879678
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