As local celeb Phil Spencer advocates it's all about 'Location, Location, Location, so when a property 'pops up' on Rightmove inside the City walls, then it's time to sit up and take notice!
The property in question is a one bed apartment, located in St Johns Lane. As mentioned, it came on the market yesterday with Your Move and is being offered for £155K. It's shown as a guide price, so it's possible that there's an offer to be made here.
As stated, these properties are in great demand and a good agent should be looking for a rental of circa £725 per month. At this rental figure, the property will give you a rental yield of 5.6%. Happy days!
Check it out at http://www.rightmove.co.uk/property-for-sale/property-42655475.html
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