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Mongeham Road, Mongeham, Deal, CT14 - Image 1
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Mongeham Road, Mongeham, Deal, CT14

South East

£1,000,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1718 sqft

Description

Set on a generous plot of approximately 1.11 acres, this detached period property, originally a farmhouse, presents significant renovation and investment potential. Currently divided into two separate two-bedroom flats, the property is in need of updating but offers a variety of opportunities for enhancement. The layout includes an independent entrance that leads directly to the two flats. The ground floor flat features a front-facing sitting room that flows into the kitchen, which connects to a utility area. It also contains a family bathroom and two double bedrooms with access to the cellar. This flat benefits from direct garden access, ideal for outdoor space utilization. Upstairs, the first-floor flat mirrors the ground level's layout with two double bedrooms, a kitchen/diner overlooking the garden, and a sitting room at the front. It also includes a family bathroom, providing all the essential amenities. The exterior of the property showcases its substantial lot size. It is set back from the road with a lawned front area and offers convenient vehicular access via a driveway that leads to several outbuildings including four garages and additional workshop spaces equipped with power connections. With its current configuration, this property stands as an attractive investment opportunity, whether you choose to maintain it as dual rental units or convert it back into a single-family residence. The expansive land also poses potential for future development projects subject to obtaining necessary permissions. Conveniently located near local amenities and transport links, this property combines historical charm with modern investment possibilities, making it a compelling option for those looking to capitalize on its inherent value and future growth potential.

Investment Analysis

(CT14 area)

Above Market Value

This property is priced +65.2% above area average per sq ft

+65.2%
This Property
£582/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£283
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£666,060
10% above area average per sq ft
Potential ROI
-39.4%
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

Mongeham Road, Mongeham, Deal, CT14
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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
£3,663
Based on a loan of £750,000 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