Now reduced to £115,000 - Belvoir Street yield of 5.4%

A month ago I talked about this property on my blog and it was listed at £119,950 by Bentons. It has now been reduced to £115,000. which improves the potential yield to 5.4%.

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