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The Mill - Student Accommodation Lancaster
Prime Location

Prime new-build development

1 & 2 Bedroom

119 Units

Prices from

£85,000

Leasehold

125 years

Rental yields

8% Net yield assured for 5 years

Recession

Recession Proof

Completion

Q4 2020

Developer

Highly experienced

Facilities

Excellent facilities including café, cinema, gymnasium and games room

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Nearly completed secure investment

Why invest in The Mill

Welcome to The Mill, 119 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.

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Superior Location

Location Overview

Nestled in Lancaster’s greenbelt, the property boasts an unbeatable location as the closest 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.

Don’t miss your chance to own a piece of Lancaster’s past, present, and future!

With record numbers of students now applying for university, and agencies unable to keep up with demand, this development will enable you to tap into a high-demand market; there are more than 10 returning students from outside the region for every purpose built bed space in the city! PBSA has been the strongest performing asset class since 2011, with higher net yields than traditional BTL gross yields.

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Why invest in Lancaster?

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.

First settled as a Roman outpost in 1st century AD, the city boasts a long and illustrious history, both as an important regional centre and as home to one of Northern England’s premier seats of learning. Yet, with a population of just 138,375,it retains a homespun feel distinct from some of its larger neighbours.

Lancaster is home to over 18,000 students and hosts two higher education institutions. Lancaster university is one of the best in the UK. The university has consistently ranked in the top 10 of all three major universities globally, and proudly sits 3rd for graduate-level employment in the Times and Sunday Times’s Good University Guide 2019.

Student Attraction

Attracting 12.960 students from 142 countries since 2018

Booming Economy

12% above the national average of growth

Excellent transport links

Located just 52 miles from Manchester

Education Hub

Attracting 12.960 students from 142 countries since 2018

Location

West Coast Mainline with direct connections to all of the UK’s major cities;Edinburgh, Birmingham, Glasgow, and London

Location

Easy access to the M6 for routes to Scotland, London, and Southern England

Education Hub

8,635 further students are attracted by smaller institutions.

Education Hub

16% increase in student population P/A since 2008

Location

Close to Manchester International Airport and Liverpool John Lennon Airport with flights to over 90 destinations globally.

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Factsheet, Prices & Availability

The Mill - Student Accommodation Lancaster
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