Summary - 36C, SIDNEY STREET, SALTCOATS KA21 5DD
1 bed 1 bath Flat
Buy-in coastal investment with immediate rental income and scope to add value.
Freehold one-bedroom top-floor flat with partial sea views
A compact one-bedroom top-floor flat with partial sea views, located yards from Saltcoats Beach and the town centre. The property is freehold and comes tenanted, offering immediate rental income while presenting scope for further cosmetic finishing following recent plastering and painting.
Currently producing £395 pcm (£4,740 pa) with estimated rental potential up to £5,400 pa in a high-demand coastal lettings market. Fast broadband, average mobile signal and close proximity to the train station (approx. 40 minutes to Glasgow) support lettability for commuters and holiday lets.
Important considerations: the property will be sold at auction and is situated in a very deprived local area, which affects long-term capital growth prospects and may influence tenant mix. The flat has undergone some renovation work but remains a blank canvas in places and will require the buyer to complete any desired finishes.
This is a straightforward investment play: low purchase price, immediate income, strong local rental demand and seaside location, balanced by the auction sale process and area-level socio-economic challenges.
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