Student Accommodation
The Mill, Lancaster
From: £91,950
7% net yield contracted for five years
No rival development potential
Closest modern PBSA development to the Lancaster University campus
Developer with a successful track record
Tenanted apartments available
Cafe, cinema, gym and games room
Completed - no development risk
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Key Figures
£91,950Starting Price
7%Net Yield
Q4 2020Completion Date
Property Summary
The Mill is a new student property development comprising 119 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
- Cafe, cinema, gym and games room
One Touch
The Numbers
Ground Rent:0.3% of the purchase price
Number of Units:119
Service Charge:£0
Prices:£91,950 – £108,950
Leasehold:125 years