Worst House on the Street Logo
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 1
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 2
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 3
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 4
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 5
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 6
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 7
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 8
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 9
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 10
The Windmill, Mill Street, Scarborough, North Yorkshire - Image 11

The Windmill, Mill Street, Scarborough, North Yorkshire

Yorkshire

£695,000
Listed on 29/11/2025

Property Details

Bedrooms
11
Type
Detached house

Description

This remarkable property represents a rare opportunity to acquire Scarborough’s last remaining windmill, a distinguished Grade II listed structure dating back to 1784. Nestled in a tranquil private courtyard just a short walk from the seafront, town centre, and train station, this unique heritage site houses a successful hospitality business with strong financial performance that has been steadily improving. The current owner has undertaken extensive restorations and upgrades, ensuring the property exudes character while providing modern comforts. The layout features two luxurious suites within the windmill tower, including the renowned Balcony Suite with breathtaking 360-degree views. Additionally, there are two self-contained holiday cottages and four en-suite guest rooms. The owners’ accommodation is spacious and could be transformed for further rental income potential. The ground floor includes a welcoming reception area, a dining room seating 26 guests, and a fully equipped commercial kitchen. Significant renovations have already been completed — bespoke gates, railings and stairs have been installed; timber windows replaced; the dining room has been re-roofed and insulated; heating systems upgraded; and there is now a modern CCTV setup in place. Moreover, the windmill base has undergone repointing alongside improvements to insulation throughout. An additional noteworthy aspect of this property is the included building plot (available under separate negotiation), which holds potential for constructing an additional cottage and parking facilities, opening up further development avenues. With its rich historical context and minimal current marketing efforts, there’s considerable scope for expansion in hospitality services such as enhanced social media marketing, event hosting, or wedding packages. Given Scarborough's appeal as one of the UK’s top coastal destinations — attracting millions of visitors annually thanks to its vibrant cultural scene — this site couples commercial viability with significant investment potential.

Investment Analysis

(YO11 area)
Area Average
£201/sq ft
Avg Rent (weekly)
£161
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (YO11)

Area prices are falling by +7.1% over the last 12 months
3 year growth: -4.1%
5 year growth: 11.9%
Investment Disclaimer: Analysis based on YO11 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

The Windmill, Mill Street, Scarborough, North Yorkshire
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,546
Based on a loan of £521,250 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Similar Properties