Just come on with a guide price of £160k - £175k. To me, this means that you could get it for £160k, otherwise, why advertise this price? and with asking rents in this area creeping up, you could rent this for around £700 pcm. With these figures you are looking at a 5.2% yield.
Properties are selling as quickly as they are coming on the market, so give the agent a call
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