Suburban semi with a garage, Ecton Brook and very cheap at £120k ish - the type of property investors are often drawn towards for comfort reasons, but usually can't afford or don't get a great yield out of. This one will rent for £650PCM, so yield at 6.5%.
So why's it so cheap, I hear you ask. From what I can see, it's nothing more than presentation - who ever has got it currently isn't showing it to it's best potential. However there's not actually that much wrong with it - the fundamentals are there. It's just decor and flooring that's needed - nothing that couldn't be sorted in a week or so. As such it's a great opportunity for an investor to acquire a property that doesn't need too much work at a genuinely decent price.
