Nicholas Humphreys has the following property on the market for £125k which is definitely worth a look. It is in a popular location and has tenants in situ already achieving a monthly rent of £600. This would give you a healthy gross yield of 5.8% if bought at the asking price.
There are a couple of areas to consider though - firstly the listed status which may affect changes you want to make and secondly the status of the tenancy - it seems the existing tenants are due to vacate in April so it will be empty if this happens and no others are found in the meantime.
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