Summary - 41A, SPRINGVALE STREET, SALTCOATS KA21 5LP
1 bed 1 bath Apartment
Auction lot with strong rental potential in a popular buy-to-let street.
Freehold one-bedroom apartment in coastal Saltcoats
Large one-bedroom apartment in Saltcoats presented as an auction lot, aimed squarely at investors seeking high rental returns. Located on Springvale Street within a popular buy-to-let area, the property is offered freehold and described as "ready to let" with an estimated rent of £425–£500 PCM. The listing cites comparable nearby sales and highlights strong rental yield potential at a guide price of £27,000.
The flat sits in an early 20th-century terrace with period features and a traditional brick façade. Interiors are basic and will need modernization in places: carpets, simple lighting and kitchen/bathroom finishes are present but dated. The building description notes potential damp and general renovation needs — this is a value-add opportunity rather than a turnkey refurbished home.
Practical positives include a very low council tax band, excellent mobile signal and fast broadband, and freehold tenure. Material transaction facts to note: the property will be sold at auction and is offered on information provided subject to tenancy and verification. The local area is described as very deprived, so investors should factor local demand and management into rental projections.
This lot suits a buy-to-let investor comfortable with light-to-moderate refurbishment and auction purchase risks. It offers strong headline yields if rental estimates and comparables hold, but requires pre-purchase due diligence on condition, tenancy status, and exact sale terms.
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