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Myrtle Cottages, Wheeler Lane, Witley, Godalming GU8 - Image 1
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Myrtle Cottages, Wheeler Lane, Witley, Godalming GU8

South East

£435,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
732 sqft

Description

This period cottage, located in a desirable village setting, presents an exciting opportunity for those looking to invest in a property with great potential. The home features an open-plan layout that maximizes the living space, including two spacious bedrooms and a generous garden that offers room for landscaping and outdoor activities. While the interior showcases charming characteristics typical of its era, it is predominantly in need of modernization to elevate its appeal. The functional kitchen overlooks the garden and has ample space for appliances, making it a prime candidate for an upgrade tailored to contemporary tastes. The first-floor bedrooms offer pleasant natural light, and the principal bedroom includes a convenient dressing room that enhances storage options. Off-street parking adds practicality to this appealing cottage. With local amenities within easy reach and excellent transport links to London Waterloo, this property is perfect for first-time buyers or investors willing to put their personal touch on it.

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Investment analysis

(GU8 area)

Above Market Value

This property is priced +12.4% above area average per sq ft

+12.4%
This Property
£594/sq ft
Area Average
£529/sq ft
Avg Rent (weekly)
£501
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£425,669
10% above area average per sq ft
Potential ROI
-10.4%
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
7%
Properties sold annually

Local Market Trend (GU8)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -4.4%
5 year growth: +7.5%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,643
Based on a loan of £326,250 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

Price History

-10.3% since listed
£435,000£50,000(-10.3%)
27/05/2026
Current price
£485,000Initial listing
18/04/2026

Next Steps

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