FOR SALE – INVESTMENT OPPORTUNITY – The Mill. Galgate

£97,500
  • Ref: 9904084
  • Type: Residential Investments
  • Availability: For Sale
  • Make Enquiry
  • View Brochure

Property Features

  • Investment Opportunity
  • Hands off Investment
  • 8% NET Yield assured for 5 years
  • Student Studios
  • Close to Lancaster University
  • 201.29 sq ft - 222.81 sq ft - 344.45 sq ft
  • Three sizes of Apartments
  • Different Price Ranges Available
  • Many Units Already Sold

Property Summary

FOR SALE - Student Apartments close to Lancaster University - Investment Opportunity - For further information call 01524-69922 or email: [email protected]

Full Details

Location
Commercial premises situated in Galgate, off the A6, positioned between the City of Lancaster and the M6 Motorway. Ideally placed for access to Lancaster University.

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

Description
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 closest privately refurbished 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.

Investment Information
8% NET Yield Assured For 5 years

Studio Size / Price
201.29sq ft / 18.7 sq m = £85,000

222.81 sqft / 20.7sq m = £97,500

344.45 sqft / 32 sq m = £105,000

Overview
Prime Refurbished Development
Hands off Investment
Close to Lancaster University
Highly Experienced Developer
Luxury Amenities Inc. Cinema, Gym Cafe
Nestled In Lancaster's Greenbelt
Close to transport Links

Leasehold
Leasehold Length - 125 Years

Reserve
Reserve from as little as £5000.00

Viewing Arrangements
Strictly by prior appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call 01524 69922 to arrange or email: [email protected]