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The Mill

Location
Lancaster
No. of apartments
107
Launched in
2019
Completion
2021

This development is no longer available...

But don’t worry! We have a number of properties available across the UK’s leading buy-to-let locations, ranging from luxury residential developments to modern student accommodation. So, no matter what kind of investment you’re looking for, we’ll have something for you.

The Mill Overview

The development is 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 closest privately built student accommodation to the Lancaster University campus. Combined, these factors make The Mill one of the city’s most desirable properties for students and investors alike.

The property offers students affordable, luxury living alongside many on-site amenities which are guaranteed to provide students to socialise and work. The Mill is also the closest modern PBSA to Lancaster University Campus which is bound to be an attractive accommodation to students looking for a place to live.

The property also boasts fantastic transport links, with several bus routes to Lancaster city centre and the train station. Alternatively, both are within a short car journey.

*CGIs are indicative of potential design and are subject to change

Investment Highlights

  • Assured return for 2 years
  • Prices from £85,000
  • Highly experienced developer with years of management and letting experience
  • Located in an area with no rival development potential
  • 8.5% gross yield
  • The closest modern PBSA to Lancaster University Campus

 

Why invest in Lancaster?

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’s Good University Guide 2019. As a result, it’s an extremely popular destination, attracting 12,960 students from 142 countries during 2017/18.

Few, if any, student lodgings in Lancaster can offer The Mill’s location. Just a stone’s throw from Lancaster University’s main campus, the property combines convenience with stunning countryside.

Amenities

  • On-site café
  • On-site cinema and games room
  • On-site gym
  • On the doorstep of Lancaster University

Nearby

  • Lancaster University (0.6 miles)
  • Walking distance to several bars and shops (1 mile)
  • Cartmel College (1.5 miles)
  • Lancaster University Sports Centre (1.5 miles)
  • The Trough of Bowland (1.7 miles)

Why invest with Knight Knox?

Knight Knox make investing in property simple. We are market leaders when it comes to the sale of off-plan buy-to-let properties for the private investor market, and with over 100 years of combined experience, we offer an unparalleled service when it comes to investing in property.

Specialising in both residential and student property, we have sold over 11,000 properties to over 5,500 individual buyers in excess of 110 countries. We strive to ensure that our clients see the best-possible returns in a competitive market sector.

Knight Knox are pioneers in providing high yielding, fully managed properties designed for both tenants to live in and investors to own.

Learn more about Knight Knox

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