Student Accommodation
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
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Key Figures
£79,950Starting Price
8%Net Yield
Q4 2020Completion 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