Belvoir Street, £120,000 investment - 5.25% return

There are very few properties coming onto the market for less than £135,000 at the moment - this seemed to be the starting prices for terraces in Melton Mowbray at the moment. So I was pleased to see this one listed by Bentons for £119,950. 

It is a 3 bed and while it is not massive and perhaps lacks a little kerb appeal it is in a popular area and has 3 bedrooms. It looks to be in good condition from the photos and we would easily let this for at least £525 pcm. I like to be conservative when discussing the rent we can achieve, on the day we would be very likely to get more but I believe any investor should have a realistic figure to work out yields. 

http://www.rightmove.co.uk/property-for-sale/property-55293391.html