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Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR - Image 1
Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR - Image 2
Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR - Image 3
Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR - Image 4
Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR - Image 5
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Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR - Image 7
Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR - Image 8
Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR - Image 9
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Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR

Yorkshire

£895,000
Listed on 11/09/2025

Property Details

Bedrooms
4
Type
Guest House
Area
2594 sqft

Description

Ramblers Rest, situated in the historic village of Castleton within the stunning Hope Valley, presents a compelling investment opportunity. This well-established guesthouse is nestled among the breathtaking landscapes that attract millions of visitors to the Peak District National Park each year. With its prime location, just off the A6 road and close to numerous outdoor activities, this property boasts significant potential for renovation and expansion. The characterful stone-built structure dates back to the 1700s and features four en-suite guest rooms, a cosy reception area with an open fire, a dining room, and a fully equipped commercial kitchen. It also includes private accommodation for owners. Previously, the property successfully operated as a café catering to both guests and local visitors; reviving this concept could provide an additional revenue stream given Castleton's consistent tourist traffic. Beyond its current layout, the substantial plot encompasses approximately 0.2 acres of land at the rear, offering possibilities for development — whether it's establishing glamping pods or enhancing gardens for guests to unwind amidst panoramic views of Mam Tor and surrounding hills. The external spaces include gardens and parking facilities that add further value. With a reputation built over years attracting outdoor enthusiasts from across the UK and beyond, this property stands ready for reimagining its offerings. The refurbishment potential here could transform Ramblers Rest into an even more successful venture in one of Derbyshire’s most cherished tourist locales.

Investment Analysis

(S33 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£345/sq ft
Area Average
£350/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£999,689
10% above area average per sq ft
Potential ROI
+1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Market Turnover
%
Properties sold annually

Local Market Trend (S33)

Area prices are falling by -15.9% over the last 12 months
3 year growth: -18.2%
5 year growth: -6.8%
Investment Disclaimer: Analysis based on S33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Ramblers Rest, Mill Bridge, High Peak, Derbyshire, S33 8WR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,170
Based on a loan of £671,250 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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