This 2 bed flat is for sale in the Metro House development which is very popular with tenants. This particular flat has 2 bedrooms, is in excellent condition and has a tenant in situ paying £595 per month.
The property is for sale with Belvoir Sales & Lettings for £120k which gives you a gross yield of approx 6%. There is a management service charge as a leasehold flat though which would need taking into account. However, with this deducted, the gross yield would still be around 5% which is very good considering you are unlikely to have any void periods.
This is definitly worth taking a look at!
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 email@example.com