The Mill in Lancaster
Welcome to The Mill, 107 deluxe studio apartments set in the heart of Lancaster’s thriving student community. A refurbished Victorian mill, the property combines all the amenities of modern student living with the
rustic charm of Lancaster’s industrial history. Nestled in Lancaster’s greenbelt, the property boasts an unbeatable location as the closes privately built student accommodation to Lancaster University campus. Combined, these factors make The Mill one of the city’s most desirable properties for students and investors alike.
Set within easy reach of some of Britain’s most breathtaking landscapes – including the Lake District, Forest of Bowland, and Yorkshire Dales – Lancaster is truly an enviable city to live in. As the county town of Lancashire, it possesses excellent transport links with the rest of the region and the UK as a whole. Lancaster is located just 52 miles north west of Manchester and provides easy access to the M6 for routes to Scotland, London, and Southern England. Lancaster is also on the West Coast Mainline, providing fast, direct connections to all of the
UK’s major cities including Edinburgh, Birmingham, Glasgow, and London. Travel to local centers such as Liverpool, Leeds, and Manchester is served by a regular regional service and with Manchester International.
Interested in this property? Enquiry today!
KEY INVESTMENT HIGHLIGHTS
The closest modern PBSA to Lancaster University Campus
Prime new-build development comprising of 107 units
Located in an area with no rival development potential Luxury amenities Cafe, cinema, gym and games room.
8% NET yield assured for 5 years
Targeting a new demographic of students with affordable luxury living
Highly experienced developer with years of experience
Tap into a high-demand market, there are almost 10 returning students from outside the region for every purpose-built bed space in the city.
Entry level from £79,950
Lancaster - The Student Market
Lancaster is home to over 18,000 students and hosts two higher education institutions: Lancaster University and The University of Cumbria’s Lancaster campus. Lancaster University is among the best the UK has to offer. Consistently ranking in the top 10 of all three major national league tables, the institution is also within the top 1% of universities globally. In addition, Lancaster sits 3rd for graduate-level employment in the Times and Sunday Times Good University Guide 2019. As a result, it’s an extremely popular destination, attracting 12,960 students from 142 countries during 2017/18. And, it’s growing.The student population has increased at a rate of 16% P/A since 2008/09 - well above the national average of 12%.
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Full Investment Pack
Current Availability Report
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