Martin and Co have 2 properties at Villency Court in Loughborough at the moment and I think one is better than the other. The first link below is for the larger one and is on the market at £115k and I belive this has been recently reduced. The pictures do not do these flats any justice at all! I would expect you to achieve £595 per month on this one which would give you a gross yield of 6.2% but it has been on the market for quite some time so it might be possible to get a deal?
The following is a smaller studio flat in the same development but this is only on the market for £85k and I think you could achieve a better yield and save yourself £30k at the same time! At worst I imagine you could rent this out for £450 per month giving you a gross yield of 6.4% but if you could rent it for £500 a month then your yield would be more like 7%
If you would like to chat about this or want a second opinion on any other properties you have seen then feel free to call me on 01509 260777 or email me at email@example.com