We are delighted to present one of our latest purpose build student projects, The Mill. Comprising of 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.
The beauty of the project is the limited competition currently available in the market and is located in an area with no rival developments.
Lancaster is home to 18,000 students, 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. The student population has increased at a rate of 16% P/A since 2008/09 - well above the national average of 12%.
Selecting the right student development to invest in, can sometimes be a challenge for investors, so we wanted to take out any guess work and let the facts do the talking.
Adding The Mill, to our student portfolio was an easy decision to make. It's not often we see a student project with so much character, retaining the Mill's original features and exposed brick work, the attention to detail is a real credit to the developer.
Development aside, the consistently high performing Lancaster University attracts students from around the world and with a growing student population year on year, its makes solid investment sense for any investor, to diversify their portfolio into this thriving university town.
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.
Limited PBSA available in Lancaster, resulting in all year high returns for investors.
Lancaster Universities have invested over £170m into expansion and campus improvement since 2013.
PBSA is the fastest growing and most in-demand accommodation choice among UK students today