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One-bedroom flat in Saltcoats
Saltcoats, KA21 - Get Access
1 bed
1 bath
Description
This is a traditional one-bedroom ground floor flat situated within a sandstone building, located within walking distance to the train station and beachfront. It is being sold as an affordable investment property with a freehold sale and is currently tenanted. The property comprises a hallway, bedroom, lounge, bathroom, and kitchen. The tenant is paying £360 per month, and all rental certificates are in place. The flat features double glazing and gas central heating and is managed by a letting agency. The tenant is settled, and all payments are up to date. The property is in an established residential area with easy walking distance to the town centre and amenities, making it an ideal buy-to-let investment in an area with high rental demand. It is also conveniently located near local primary and secondary schooling, Saltcoats train station (200m), a major bus route, and Auchenharvie Leisure Centre. Saltcoats is a popular commuter town approximately 10 minutes from Irvine and 20 minutes from Kilmarnock and Ayr, with access to Glasgow City Centre in under an hour by road and rail. According to a 2020 Zoopla survey, Ayrshire and Inverclyde are considered top buy-to-let investment areas in the UK. The property is located 0.3 miles from Saltcoats mainline train station, 0.6 miles from Saltcoats Main Street, and 0.8 miles from the beach and promenade. It is a large one-bedroom flat with a toilet, shower, sink, large living room with an open-plan kitchen area, and a double bedroom. The rental income is £4,320 per annum (£360 per month), yielding approximately 16%.
Comparable sales
No comparables available.
Estimated market value
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Range:
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High confidence
Floor Area Estimated: 550 sq ft
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