Student Property

The Mill, Lancaster

From: £79,950
No rival development potential
8% net yield for five years under contract
Closest modern PBSA development to the Lancaster University campus
Developer with a successful track record
Tenanted apartments available

Key Figures

£79,950
Starting Price

8%
Net Yield

Q4 2020
Completion Date

Property Summary

The Mill is a new student property development comprising 107 units in Lancaster. The Mill is a refurbished Victorian Mill, and the property marries modern student living with Lancaster’s industrial past.

The Mill benefits from being the closest modern PBSA development to the Lancaster University campus. It offers students affordable luxury and modern amenities including a café, gym, cinema and games room.

Property Specification

  • Fully furnished, high spec Studios

One Touch

The Numbers

Ground Rent:0.3% of the purchase price

Number of Units:107

Service Charge:£0

Prices:£85,000 – £105,000

Leasehold:125 years

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288 Bishopsgate, City of London, EC2M 4QP

Please note that One Touch Property is not authorised or regulated by the Financial Conduct Authority and as such is not permitted to offer financial or investment advice to UK resident investors, whether or not the intended investments are regulated or unregulated. We strongly encourage you to consult an FCA-authorised Independent Financial Adviser before committing to any form of investment. This is not an offer to participate in a collective investment scheme as defined in section 235 of the Financial Services and Markets Act (2000) and as such investors will not have access to the Financial Services Compensation Scheme or the Financial Ombudsman Service.

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