One bed flat at £59,950
This is certainly worth considering. On the market at £59,950 with a local agent and according to their details, with a ground rent of only £80 per year and a 120 year lease this would let well.
You should be able to achieve a yield of about 7.9% which is very good and at such a low purchase price, very little capital outlay is required if you fund a deposit and borrow.
The location is very handy for the University and accessing the M1. Not so close to the town centre though but a quiet area.