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

Starting Price

Net Yield

Q4 2020
Completion 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

Google Reviews - 5 Stars - 4.5 Stars

124 City Road, London, EC1V 2NX

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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