Description
Key Features
- Charming two bedroom detached cottage in Lyne
- Plot approx. 0.74 acres
- Ready to make your own
- Sitting room
- Dining room
- Downstairs shower/bathroom
- Double garage
- AUCTION on Thursday 27th November 2025
- Council Tax Band: F
- Tenure: Freehold
A rare opportunity to acquire a vacant detached cottage with large garage/workshop, set within a substantial plot of approximately 0.74 acres (0.299 hectares) in a desirable countryside location. The property requires full refurbishment and offers excellent potential for improvement, extension or replacement, subject to planning permission. Enjoying a semi-rural setting within easy access to Ottershaw, Virginia Water and Woking, this site presents an appealing prospect for developers, investors or owner-occupiers seeking to create a bespoke home or redevelopment project.
Auction
To be sold by online auction (unconditional) on Thursday 27th November 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00.
To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Tenure - Freehold with vacant possession
EPC rating - E
Council tax band F - Runnymede
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor;s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email
once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below
which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional fees
A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please
ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we will require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms
& Conditions - Unconditional Auction.
Mortgage finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is
important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.
Please note
All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majestys Stationery Office @ Crown copyright. All rights reserved, Licence no: 100020449.
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