Check this out! I was doing my daily trawl through RightMove and I came across the details for this lovely looking buy to let option.
On the market for £68,950 (repo so could go for less), this would rent all day long for around £475 pcm. This would give you a yield in the region of 7.8%. If you managed to get it slightly cheaper as well, all the better! It will need a lick of paint to freshen it up, some decorating a new kitchen and possibly a new bathroom, I estimate around £4k on getting it to a let standard. I wouldn't hang around though, this sort of property will get snapped up really quickly.
Full details on link below:
http://www.rightmove.co.uk/property-for-sale/property-32121549.html?premiumA=true
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