Check out this flat just gone on the market - 2 bedrooms near Fountain Street, would make a great buy-to-let investment on the market at a guide price of £65,000. It's decor looks a bit tired but in reasonable condition so in it's current state it should rent for around £475 pcm to £500 pcm but with a bit of money spending on up-dating the kitchen and bathroom this could easily reach between £550 pcm and £575 pcm. So whether you did any work or not it would yield 9%+ which is pretty good going! It's on the market with Onwards & Upwards - here's the link: http://www.rightmove.co.uk/property-for-sale/property-42713574.html
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