Two bedroom with Garage Southbridge

I’ve picked this property out today as my deal of the day as Landlords often ask me what type of property should they buy next for their next investment and my answer is always “two bedroom properties”.  Flats will appeal to professional couples who might be commuting, as there is generally no garden to maintain. Houses will appeal to couples or small families, who need a garden.

Simpson and Partners are marketing the property for £164,995 and you would be looking at a rental figure in the region of £650 pcm realistically, which would generate a gross yield of 4.5%. Whilst this may not be one of the highest yields you can get, if you take into account the desirability of the property, you are unlikely to have long void period, which you might with a property in a not nice area or not great condition/style. 

http://www.rightmove.co.uk/property-for-sale/property-49011014.html

I would love to hear your views