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Our Summary
- Investment Opportunity
- Online auction 15th - 16th July 2025 Vacant Studio Apartment Vacant third floor studio apartment located in former silk mill
- com/amydip/ IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid
- If you are the successful bidder, you are required to pay the deposit and auction fees immediately
- You must not bid unless you wish to be bound by the common conditions of auction
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Description
The property is a vacant studio apartment on the third floor of a former silk mill. It has a compact open-plan living space, bedroom area, and kitchenette, as well as a modern shower room. The property is designed for students and has communal spaces including a games room, laundry room, bike store, and gym.
It is located near Lancaster University Campus and the town centre, with easy access to the M6. The property is available for sale as a leasehold title with a 150-year lease from January 1, 2020, ground rent of £350 per year, and a service charge of £1,098 per quarter.