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Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 1
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 2
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 3
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 4
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 5
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 6
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 7
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 8
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 9
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 10
Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8 - Image 11

Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8

South East

£485,000
Listed on 15/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
732 sqft

Description

Nestled in a desirable village setting, this charming period cottage presents a unique opportunity for renovation and investment. Located along the scenic Wheeler Lane, this mid-terrace property boasts two generously sized bedrooms and an inviting open-plan living space that offers ample potential for modern enhancements. The bright sitting area, with its front-facing windows, flows seamlessly into a functional kitchen that overlooks the spacious garden, making it an ideal canvas for contemporary updates or redesigns to suit personal preferences. The ground floor also features a conveniently placed bathroom/shower room which, while serviceable, could benefit from modernization. On the upper level, both double bedrooms are filled with natural light, with the principal bedroom including an adjoining dressing room that adds valuable storage options — a rare find in such cottages. Outside, the front of the property offers designated off-street parking set behind mature hedging for added privacy. The extensive rear garden is a standout feature; primarily laid to lawn and bordered by lush shrubs and hedging, it invites possibilities for landscaping or outdoor entertainment enhancements. At the end of the garden lies a detached shed/outbuilding—perfect for storage or as a workshop—with potential for further development based on requirements. The surrounding village of Witley provides essential amenities along with proximity to Milford and Godalming which offer greater services, including mainline rail connections to London Waterloo making this an attractive proposition for commuters. Additionally, buyers can enjoy access to excellent local schools and beautiful countryside walks within the Surrey Hills Area of Outstanding Natural Beauty. This property not only holds character but is also ripe for transformation into a modern living space.

Investment Analysis

(GU8 area)

Above Market Value

This property is priced +23.8% above area average per sq ft

+23.8%
This Property
£663/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£535
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£430,943
10% above area average per sq ft
Potential ROI
-19.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (GU8)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -4.5%
5 year growth: +9.8%
Investment Disclaimer: Analysis based on GU8 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

Myrtle Cottages, Wheeler Lane, Witley, Godalming, GU8
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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
£1,718
Based on a loan of £363,750 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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