Summary - 41A, SPRINGVALE STREET, SALTCOATS KA21 5LP
1 bed 1 bath Flat
Immediate rental income in a commuter-friendly coastal town.
Ground-floor one-bedroom flat in Victorian sandstone tenement
A compact, ground-floor one-bedroom flat in Saltcoats being offered as a tenanted investment. The current tenant pays £399 pcm (annual income £4,788), producing an estimated gross yield around 16–18% at the listed price — attractive for investors seeking immediate income. The building is a Victorian sandstone tenement with period character but visible need for maintenance and modernization.
This property suits a landlord looking to add a high-yield rental to a portfolio with minimal void risk; Saltcoats is a high-demand rental location with strong commuter links to Ayr, Irvine and Glasgow via the nearby mainline station. Broadband and mobile signals are reported fast and excellent respectively, supporting tenant appeal.
Buyers should note material drawbacks: the flat is small, the building requires upkeep, and the wider area is classified as very deprived which can affect long-term capital growth and tenant profiles. Tenure details are not provided and should be confirmed prior to purchase. Previous nearby sales on the same street have been higher, indicating potential for capital upside after refurbishment.
Overall this is a straightforward income-generating opportunity for an investor comfortable with a period property that will need some maintenance or refurbishment to realise longer-term value growth.
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