http://www.rightmove.co.uk/property-for-sale/property-68443025.html
This will have investors all over it, so don't delay if you're interested - you have little to lose by buying it blind. There are very few freeholds that trade at anywhere near this price which is why it will be gone in 5 minutes.
It's a 1 bed cluster in Linacre Close - tiny but very rentable and the type of thing that has appeared on this blog umpteen times over the years - for a cheap rental you can't really go wrong. A really nice one of these would be worth about £122,500 at the moment - this one is clearly dated so £115,000 is reasonable and if you can shave anything off that price (which I doubt) then good for you. It will rent for between £500 and £550 depending on how good a finish you get.
richard.baker@belvoir.co.uk
