Summary - 36C, SIDNEY STREET, SALTCOATS KA21 5DD
1 bed 1 bath Flat
Income-producing top-floor flat a minute from the promenade and town centre.
Top-floor one-bedroom freehold flat with partial sea views
This top-floor, one-bedroom freehold flat sits within yards of Saltcoats Beach and the town centre, offering partial sea views from the lounge. Recently plastered and repainted in many areas, the property provides a largely cleared canvas for final cosmetic completion. It currently produces income from a sitting tenant paying £395pcm and sits in a high-demand rental location on the Ayrshire coast.
For investors seeking a low-entry seaside buy-to-let, the flat presents straightforward potential: current rent equates to £4,740 per year, with estimated achievable rent up to £5,400. The building benefits from double glazing, fast broadband and convenient commuter links via Saltcoats train station to Glasgow. Proximity to local amenities, promenade and transport supports letting appeal.
Notable points to factor into bidding: the area is classified as very deprived, which can affect long-term capital growth and tenant profiles. The flat is sold with a sitting tenant and will be offered at auction under auction terms — purchasers must accept auction conditions and any tenancy in place. While many renovation tasks have been started, some finishing and cleaning remain necessary before achieving top rental levels.
This lot suits buyers looking for an income-producing coastal property requiring minimal completion work and who are comfortable purchasing at auction in a high-demand rental market. Confirm income, tenancy terms and post-auction obligations before bidding.
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