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Mill Road, Deal, Kent

South East

£190,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
918 sqft

Description

This centrally located property presents a solid opportunity for renovation and investment, featuring two reception rooms, two bedrooms, and a south-facing garden. It is positioned within a well-established residential area close to Deal's town centre and the scenic seafront—making it an attractive choice for first-time buyers or investors looking for potential in a vibrant locale. Spread across two levels, the home offers a logical layout with ample living space. Although the property is currently inhabitable, it requires cosmetic updates mainly in areas like the bathroom and kitchen, allowing future owners to inject their personal style. The presence of double glazing enhances its appeal while the south-facing garden is perfect for those who enjoy bright outdoor spaces. With convenient access to local amenities, schools, and transport links, this residence combines coastal charm with urban convenience. This property is not just a home; it's an opportunity waiting to be transformed.

Investment Analysis

(CT14 area)

Below Market Value

This property is priced -41.3% below area average per sq ft

-41.3%
Potential saving
This Property
£207/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£283
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £18,000
Target Value
£355,904
10% above area average per sq ft
Potential ROI
+71.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CT14)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -10.7%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on CT14 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

Mill Road, Deal, Kent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,500 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.

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