Summary - 19C, SIDNEY STREET, SALTCOATS KA21 5DB
1 bed 1 bath Flat
Immediate rental income and refurbishment potential for hands-on investors.
Freehold one-bedroom flat with long-term tenants in situ
A compact one-bedroom flat on Sidney Street is offered freehold and currently let to long-term tenants, producing a gross annual income of £4,560. At a guide price of £45,000 and with an advertised size of about 786 sq ft, this is presented primarily as a buy-to-let or development prospect for investors seeking immediate yield.
The building is a traditional Victorian terrace with period stone frontage and modest external space — a shared rear garden only. Internally the property is described as dated and in need of modernization; the living room shows signs of mould and will require attention before any upgrade or re-let at higher rents. Broadband speeds are reported as fast and mobile signal average.
Material facts for buyers: the area is classified as very deprived and the local demographic skews older, which may affect tenant demand and long-term capital growth. There are no photographs of the actual interior provided in the pack, and a Buyers Premium will apply to secure purchase. These points, plus the existing stable tenancy, make the flat best suited to investors or developers comfortable managing refurbishment and tenancy continuity.
Overall, this is a low-entry-price investment with immediate rental income and refurbishment potential. Buyers should factor in remediation for damp/mould, modernization costs, and the local market context when assessing total return and exit options.
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