This 1 bed flat for sale in Shepshed, Loughborough is for sale with Purplebricks for just £70k. It could do with a little modernisation but could be a great addition to a portfolio. It has access to a garden plus a garage and is likely to be popular with renters.
You are likely to achieve in the region of £450 per month if in a good condition and at the asking price this would give you an excellent gross yield of 7.7%
There is a service charge but even when taking this into consideration the yield is very good and it is well worth a look in my opinion!
If you are interested in talking about this or other potential investments or would like a second opinion on any other properties you have seen, please feel free to call me on 01509 260777 or email me firstname.lastname@example.org