> 8% NET RENTAL INCOME ASSURANCE for the first 5 YEARS
> STUDENT PROPERTY buy to let within VICTORIAN MILL CONVERSION
> Entry price just £85,000 and located close to University Campus
THE MILL STUDENT RESIDENTIAL
8% RENTAL ASSURANCE for the first 5 YEARS!!! Student property buy-to-let for professional landlords, fully managed close to University. Conversion/Refurb of existing Victorian Mill, giving a modern living with rustic charm. Don’t miss your chance to own a piece of Lancaster’s past, present & future
Lancaster student accommodation – 8% assured NET returns for 5 years
The Mill is a premium student development in the historic city of Lancaster. With an idyllic location on the Lancaster green belt, the development is the closest purpose-built accommodation to Lancaster University, with a short 11-minute walk to the university’s main campus. Residents will experience high-end student living, having access to amenities including an on-site gym, cinema, games room and café.
Converted from a Victorian mill, this development is truly unique – offering 107 modern studio apartments with a nod to the building’s industrial past. There is currently a severe shortage of private student accommodation in Lancaster, with 10 students for every purpose-built bed space in the city. The Mill is also the only development of its kind that is close to the university so you will have very little in the way of competition when it comes to attracting tenants, which means that this is not an investment opportunity to be missed.
The Mill is located in the Galgate area just south of Lancaster city centre and is situated in the heart of Lancaster’s student community, where residents will be in walking distance to both the main university campus and Cartmel College, plus the university sports centre and various student bars. As the county town of Lancashire, Lancaster is steeped in history and is surrounded by breath-taking landscapes, with the Lake District and the Forest of Bowland on its doorstep. The city also has excellent transport links across the UK with direct connections to major cities like Birmingham, Glasgow and London and key northern cities like Manchester, Leeds and Liverpool.
Lancaster University is one of the UK’s leading universities that consistently performs well in the national university league tables. The university is currently placed in the top 10 of all three national league tables and third in the UK for graduate employment by The Times Good University Guide 2020. As a result of this, Lancaster attracts students from all over the world. The university currently has over 12,000 full-time students, 39% of which are international students.
UNIT PRICES WITHIN BRIDGEWATER WHARF
[From lowest to highest price]
Studio Apartment from £85,000 – £105,000
PARKING & FURNITURE
On-street parking in surrounding roads & furniture pack price is £2,500
OFF PLAN PURCHASE PLAN:
Pick your apartment from the floor plan and pay the reservation deposit, we can assist you with picking the best available apartment:
STEP 1 – Reservation deposit STEP 2 – 50% minus reservation deposit on exchange STEP 3 – Balance on completion of refurbishment. Outright purchase only, no mortgages available.
FOR MORE INFORMATION PLEASE CONTACT US TO RECEIVE A BROCHURE, AVAILABILITY LIST, FLOOR PLANS.
We look forward to assisting with any further enquiries that you have about a property or we can match developments individually to suit a particular criteria that you may have in mind
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Disclaimer: The information contained within these details and/or marketing images and floor plans are intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending purchaser must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing
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