Summary - 4, Thomas Campbell Street, Flat 0-1, Saltcoats, KA215PG KA21 5PG
1 bed 1 bath Flat
Low-price, tenanted one-bed near station and beach—auction sale with immediate income..
Ground-floor one-bedroom flat in traditional sandstone tenement
A compact one-bedroom ground-floor flat in a traditional sandstone tenement, offered for freehold sale by timed online auction on 02 October 2025. The property is currently tenanted and produces £360 pcm (£4,320 pa) with all rental certificates in place and payments reported as up to date. Fixtures include double glazing and gas central heating, making it immediately lettable without major compliance works.
Positioned a short walk from Saltcoats train station, main street and the seafront, this unit sits in a high-demand rental area popular with commuters and local workers. At a guide price of £27,000 the current rent equates to a high gross yield (around 16%), offering an affordable entry for a buy-to-let investor or portfolio purchaser seeking immediate income.
Buyers should note material considerations: the flat is described as dated and will likely require cosmetic upgrading; the external garden/backyard requires maintenance; the wider area is classified as very deprived; and the tenure is not confirmed in the sales information. The property will be sold at auction, so completion terms and timescales differ from private treaty sales.
Overall this is a straightforward, low-price rental investment with immediate income and clear scope for value uplift through refurbishment. It will suit investors comfortable with auction purchase mechanics and purchasing in an area of high rental demand but socio-economic challenge.
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