This vacant studio apartment is located on the third floor of a former silk mill, with a compact open plan living space/bedroom, kitchen area, and modern shower room. The property is designed for students and offers communal spaces, including a games room, laundry room, bike store, and gym. It's close to Lancaster University Campus and the town center, with easy access to the M6. The property is available on a leasehold basis, with a 150-year lease from January 2020, and requires a ground rent of £350 per year and a service charge of £1,098 per quarter. The council tax band is not specified. Finance is available for this property, and buyers are advised to visit togethermoney.com/amydip for a decision-in-principle. It's essential to note that buying at auction is a contractual commitment, and successful bidders must pay the deposit and auction fees immediately.