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Lyne Lane, Lyne, Chertsey - Image 1
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Lyne Lane, Lyne, Chertsey

London

£450,000
Listed on 07/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1188 sqft

Description

This detached cottage presents a unique opportunity for those looking to invest in a refurbishment project within a picturesque countryside setting. Occupying an expansive plot of approximately 0.74 acres, the property is currently vacant and in need of full renovation. There is significant potential for enhancement, expansion, or even complete redevelopment, pending planning approval. Located conveniently near Ottershaw, Virginia Water, and Woking, it offers an attractive proposition for developers or individuals aiming to craft a tailored living space in a desirable area. Please note that an electricity sub-station is situated within the property boundaries, with no access available to the new owner. Parking is limited on-site; visitors are encouraged to park responsibly nearby.

Investment Analysis

(KT16 area)

Below Market Value

This property is priced -22.3% below area average per sq ft

-22.3%
Potential saving
This Property
£379/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£383
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£636,804
10% above area average per sq ft
Potential ROI
+15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (KT16)

Area prices are rising by +8.6% over the last 12 months
3 year growth: -6.7%
5 year growth: 4.0%
Investment Disclaimer: Analysis based on KT16 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

Lyne Lane, Lyne, Chertsey
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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
£1,648
Based on a loan of £337,500 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