Is it right time to get into buy to let market in the UK?



I have about £40 K in my bank account and I am looking to buy a 2 bedroom property for £70 K to let out to yield rent of £425 pcm. Is it right time to invest or is it best to wait as the property prices may further slide as unemployment and interest rates increase?

Is it right time to get into buy to let market in the UK?
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