This is a fantastic investment opportunity for a studio apartment located in a refurbished Grade II listed former silk mill, situated near Lancaster University and the M6 motorway. The property features a lift, communal lounge, games room, laundry, and gymnasium, providing a great community feel for students. The apartment is situated on the first floor and comprises an open-plan living area with a fitted kitchen and separate shower room. The property is leasehold, with a ground rent of £350 per annum and a service charge of £915 per quarter. The lease has 150 years remaining and started on January 1, 2020. The property is located in Council Tax Band A.