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Cherry Lane, Deal, Kent, CT14

South East

£500,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
2006 sqft

Description

Nestled in the picturesque village of Great Mongeham, this expansive three/four bedroom detached bungalow presents a unique investment opportunity with significant renovation potential. The generous loft space offers an ideal canvas for conversion, potentially transforming this property into a spacious five-bedroom family residence (subject to planning approval). Upon entering, a charming vestibule with an open fire sets a welcoming tone. The ample lounge, equipped with a log burner, serves as an inviting retreat during cooler months, while the layout is conducive to both daily family life and entertaining guests. The core of the home features a bright family and dining area, perfect for gatherings, alongside a separate kitchen/breakfast room well-suited for casual dining. A conservatory that overlooks the garden adds additional light and provides a serene space to enjoy the surrounding greenery throughout the year. The accommodation includes three spacious double bedrooms, with the principal featuring an ensuite bathroom, plus a versatile study that could double as a fourth bedroom for guests or home office needs. Completing the interior are a family bathroom and a separate cloakroom. Outside, the rear garden offers a private sanctuary with lawn areas, established plants, patio spots for alfresco dining, and an ornamental pond enhancing its charm. The front driveway accommodates parking for approximately three cars while granting scenic views of the adjacent countryside. Great Mongeham combines village tranquility with convenient access to coastal amenities; nearby Deal boasts independent shops and restaurants along its quaint seafront. The local railway station connects efficiently to Dover and Ramsgate as well as providing high-speed services to London St Pancras in about 85 minutes—making it suitable for both permanent living and holiday getaways.

Investment Analysis

(CT14 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£249/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£770,545
10% above area average per sq ft
Potential ROI
+35.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CT14)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -12.3%
5 year growth: -1.7%
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

Cherry Lane, Deal, Kent, CT14
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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
£1,771
Based on a loan of £375,000 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.

Stamp Duty Calculator

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