Windmill Road, Oxford .. potential yield of 6.8% pa

With looks only a mother could love, Lee and Lindars have just put this one bed apartment on the market at £140,000.

The agents say it has been let out  £690 a month in this condition.

Spend some pennies on it, laminate floor, redec, new kitchen, carpets (£7k tops if you are doing it yourself or £10k with a builder), and all of a sudden, you will have a property that will let for £825 per month , so depending what you buy it for, a yield of 6.8% per year

There isnt much going for it .. just look at the pictures ... but if you can see through that, you might be able to pick up a bargain!  Link below ...

http://www.zoopla.co.uk/for-sale/details/32998982