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Online auction 15th 16th July 2025

Vacant Studio Apartment

Vacant third floor studio apartment located in former silk mill.
On internal inspection the property briefly comprises a compact open plan living space bedroom, kitchen area, and a bright, modern shower room.
The property is designed for students and has communal spaces, including a fantastic games room, laundry room, a bike store and gym.

The apartment is located close to Lancaster University Campus and a short distance from the town centre and Access to the M6.

Please note that we are informed by the seller that a tenant is due to move into the property mid September paying £240 per week on a 44 week contract.


Tenure Leasehold
Title number
Length of Lease Term 150 years from 1st January 2020
Ground Rent £350 per year
Service Charge £1098 per quarter
Council Tax Band
Local Authority Lancaster

Finance is available on this lot. For a decision in principle visit togethermoney.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. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI MONEY LAUNDERING REGULATIONS In accordance with Anti Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure Leasehold

Administration Fee 2.5% inc VAT of the purchase price, subject to a minimum of £3000 inc VAT, payable on exchange of contracts.

Buyer s Premium Fee £1200 inc VAT payable on exchange of contracts.

Disbursements Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.