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Mill Hill, Deal, Kent, CT14

South East

£425,000

Listed on 21/05/2026

Property details

Bedrooms
N/A
Type
Retail Property (high Street)
Area
1876 sqft

Description

This substantial mixed-use freehold property in Mill Hill offers a unique investment opportunity, ideal for developers, investors, or owner-occupiers. The ground floor currently operates as a salon with a spacious layout and excellent visibility, making it an appealing commercial space. It features off-road parking that adds convenience for both staff and customers. Accessed from the rear, the residential portion encompasses a generous four-bedroom house spread over two floors, featuring well-proportioned living areas including a fitted kitchen, lounge, and dining room. The upper level hosts four bedrooms alongside a family bathroom, making it suitable for family living or rental income. The sizeable rear garden further enhances the potential for development. With planning permission already in place to construct a detached bungalow and split the existing property into two separate dwellings after demolishing the garage (which has been completed), buyers can bypass initial preparatory work and move directly into development plans. This property represents an exceptional chance to acquire established commercial and residential spaces while benefiting from significant redevelopment possibilities in a desirable area of Deal.

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Investment analysis

(CT14 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£227/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£720,815
10% above area average per sq ft
Potential ROI
+32.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
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: -12.2%
5 year growth: -1.9%
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 Hill, Deal, Kent, CT14
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

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