Raise Street, Saltcoats, KA21
PO

Raise Street, Saltcoats, KA21

By Portolio

£ 38,995

Reviews

2 out of 5 stars

Portolio says ..

Tenanted buy-to-let investment property in Saltcoats with a current yield of 12%.

Property Oracle says ..

The property is a 1-bedroom flat located on Raise Street, Saltcoats, North Ayrshire. It’s a relatively small property with 430.56 sqft of living space and no plot size information provided. The flat’s condition appears to be below average. The provided images show a property that is cluttered and in need of some modernisation and cleaning. The bathroom, in particular, looks unclean and could benefit from some repairs and updating. The overall impression is that the property requires some work to bring it up to a desirable standard. While the location benefits from proximity to Saltcoats train station (0.32 KM), there is no information provided about the quality of local schools or other amenities. More information would be needed to provide a comprehensive assessment of the location. The list price of £38,995 seems relatively low compared to other flats in the area, considering the average price for flats in the area is significantly higher. However, the average price per sqft is not directly comparable due to missing sqft data in nearby listings. The low price may reflect the property’s condition and the lack of outdoor space. Further analysis of comparable properties in similar conditions would be needed to confirm if it represents good value. Based on the available information, the property would benefit from some modernisation and a thorough clean. The lack of outdoor space is a notable drawback. The price may be attractive to investors or first-time buyers willing to undertake renovation work.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
430.56

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
327,363.00 £
Increased by 26.97 %
from 257,821.00 £
Est sale value
165,335.04 £
Increased by 70.67 %
from 96,876.00 £
Average area rental value
1,112.00 £/mo
Increased by 23.69 %
from 899.00 £/mo
Est letting value
430.56 £/mo
from 0.00 £/mo
Est rental Yield
4.08 %
Decreased by 2.39 %
from 4.18 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Portolio created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Sharphill Road £ 000.00 KM
Wellpark Lane £ 000.00 KM
Kinnier Road £ 000.00 KM
Parkend Gardens £ 31,00000.00 KM
Bradshaw Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Saltcoats9547SLT0.32 KM
Ardrossan South Beach9569ASB2.08 KM
Ardrossan Town9455ADN3.29 KM
Stevenston9553STV3.58 KM
Ardrossan Harbour9453ADS4.22 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 0/1, 87 Raise Street, Saltcoats, KA21 5JY £ 48,000BUY6 / 100.03 KM
Raise Street, Saltcoats, KA21 5 £ 43,000BUYUnknown0.05 KM
Raise Street, Saltcoats, KA21 5 £ 70,000BUYUnknown0.05 KM
7 Braehead Place, Saltcoats, KA21 5LB £ 173,000BUY6 / 100.06 KM
Braehead Place, Saltcoats £ 225,000BUY7 / 100.06 KM