BRITS were amazed to discover the UK's cheapest seaside town - where homebuyers can bag 14 houses for the price of one elsewhere. Eagle-eyed property hunters have spotted incredible bargains in the coastal resort of Saltcoats, in North Ayrshire, Scotland . Property buyers have dubbed the quaint seaside town one of the cheapest in the UK with average house prices just £114,365.

This makes it 14 times less expensive than the cost of Sandbanks' millionaire's row - where properties are expected to hit the market at around £1.6million. Sandbanks - Britain's equivalent to Miami Beach - has been one of the most desirable places to live in the UK for over 20 years.

It's renowned as a hotspot for the rich and famous, and has attracted celebrities such as Rick Stein, Harry Redknapp , Karl Pilkington, John Lennon, and Liam Gallagher . Read More The most expensive property was sold for an eye-watering sum of £13.5million in March of last year.

In facet, only three cities in the entire world had a higher average house price, Monaco's Monte Carlo, Switzerland's Basel, and Florida's Palm Beach. But, back in Ayrshire, Saltcoats' golden sandy beaches have plenty to offer for a fraction of the price. They are located just 45 minutes away from the cosmopolitan hub of Glasgow city centre by train or car.

Most read in Money This could make the area perfect for commuters or families who wish to work in the city, but enjoy breathing in fresh coastal air at home. And, the seaside resort offers it.