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Blackheath Lane, Blackheath, Guildford

South East

£1,175,000
Listed on 13/05/2026

Property Details

Bedrooms
4
Type
House
Area
2873 sqft

Description

This is an exceptional opportunity to acquire a historic property that merges Queen Victoria Cottage with an adjoining ancillary building, situated in the desirable village of Blackheath, Surrey. The combined structures offer approximately 2,873 sq ft of versatile living space, making it ideal for those looking to create a distinctive family home or investment project. The layout currently allows for various configurations and personalization options to meet individual needs. Queen Victoria Cottage is presented as a charming residence, already equipped with contemporary finishes throughout. The spacious kitchen/dining area serves as the central hub of the home, featuring a large island unit with quartz countertops and ample space for entertaining. A separate reception room provides additional flexibility, suitable for use as a formal lounge or office. Upper floors host well-sized bedrooms, including a principal bedroom with an en-suite bathroom and additional family facilities. The ancillary building has reached first-fix status internally, boasting potential for further enhancement with existing elements such as a bedroom suite and expansive living areas ready to be tailored to personal taste. With planning permission (WA/2024/000149) approved for the integration of both properties into one residential dwelling, you have about 2.5 years remaining to execute this ambitious project. Externally, enjoy landscaped gardens alongside Blackheath Common's natural beauty, ensuring outdoor serenity amidst approximately 250–300 acres of protected heathland. This property caters to various buyer profiles—be it multi-generational families seeking versatile accommodation or lifestyle purchasers aiming to establish a landmark home in one of Surrey's most enchanting settings.

Investment Analysis

(GU4 area)

Below Market Value

This property is priced -27.5% below area average per sq ft

-27.5%
Potential saving
This Property
£409/sq ft
Area Average
£564/sq ft
Avg Rent (weekly)
£386
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,782,725
10% above area average per sq ft
Potential ROI
+25.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (GU4)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -9.6%
5 year growth: -5.8%
Investment Disclaimer: Analysis based on GU4 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

Blackheath Lane, Blackheath, Guildford
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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
£4,192
Based on a loan of £881,250 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

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