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Mill Hill, Deal, Kent, CT14

South East

£425,000

Listed on 21/05/2026

Property Details

Bedrooms
4
Type
Retail Property (high Street)
Area
1876 sqft

Description

This mixed-use freehold property in Mill Hill presents a strategic investment opportunity, particularly appealing to developers and investors. The ground floor features a spacious salon with a wide storefront, benefiting from significant foot traffic and natural light, making it an ideal commercial space. The self-contained residential unit accessed from the rear consists of a four-bedroom house spread over two levels, offering versatile living arrangements and further potential for enhancements. The ground floor hosts a well-proportioned lounge, separate dining area, and fitted kitchen, while the upper level accommodates four bedrooms and a family bathroom, presenting valuable rental opportunities or family living space. Notably, the extensive rear garden adds to its development appeal, especially with existing planning permissions to build a detached bungalow and subdivide the main property into two dwellings after the demolition of the garage has been completed. This allows for expedited development procedures. Situated in Deal—a location known for its coastal charm and historical relevance—this property offers both immediate usage and long-term value enhancement prospects in an attractive community.

Investment Analysis

(CT14 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£227/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£280
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£721,331
10% above area average per sq ft
Potential ROI
+51.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CT14)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -13.5%
5 year growth: -2.6%
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 Hill, Deal, Kent, CT14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,516
Based on a loan of £318,750 over 30 years at 3.97% 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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