Asfordby Hill - Good 2 bed investment property

This property is for sale with Bentons and is a large 2 bed on Asfordby Hill. We recently let a smaller one around the corner for £525 pcm and I was surprised we had so much interest from potential tenants. I could have let it 5 times over!

I think this property could do with a new bathroom (looking at the pictures) but it would then easily let for £550 pcm. This would give a potential return of 5.5% and increase the capital value. 

http://www.rightmove.co.uk/property-for-sale/property-54450065.html