1 Bedroom Flat

For sale by Online Auction. 25th of March 2026.

Town & Country Property Auctions present a high-yield coastal investment opportunity in Saltcoats, offered £10,000 below Home Report value!

Description
2 Parkend Gardens

Guide Price: £40,000
Home Report Value: £50,000

£10,000 Below Home Report High-Yield Investment Strong Rental Demand

Town & Country Property Auctions proudly present this excellent investment opportunity located within Parkend Gardens, Saltcoats, a well-established residential area within the popular North Ayrshire coastal town.

Offered at a guide price of £40,000, this property represents £10,000 below the Home Report value of £50,000, providing investors with immediate built-in equity.

From an investment perspective, the property offers strong flexibility. Long-term rental demand is estimated at £500 per month, while there is potential for serviced accommodation due to the area's proximity to major hospitals. Based on projected figures of £79 Average Daily Rate at 68% occupancy, the property could generate approximately £19,500 per annum.

Saltcoats benefits from excellent transport links, including direct rail connections to Glasgow in around 45 minutes, as well as a range of local amenities including shops, supermarkets, schools, and the popular Saltcoats beach and promenade.

The location is particularly attractive for NHS staff and healthcare professionals, with several major hospitals nearby. Ayrshire Central Hospital is approximately a 10-minute drive, with University Hospital Crosshouse and University Hospital Ayr also within commuting distance, supporting consistent rental demand.

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.