Shop and house on a large plot
103 Oyster Lane, Byfleet KT14 7JFDetached freehold shop plus 3–4 bed house, let at £26,400 a year. Plot around 367 sq m with parking for 5+.
3 lots in Surrey this week, picked from the catalogues of the auction houses selling in the county. Guildford, Woking, Reigate, Epsom, Camberley, Dorking and the villages between.
Detached freehold shop plus 3–4 bed house, let at £26,400 a year. Plot around 367 sq m with parking for 5+.
Freehold 5-bed farmhouse needing modernisation, an uninhabitable bungalow and farm buildings. Development potential (subject to consents).
Vacant freehold, around 986 sq ft. Sketch plans for a single dwelling, or a shop with a 2-bed flat above (subject to consents).
When the hammer falls you exchange contracts on the spot, pay a 10% deposit, and usually have 28 days to complete. That is too tight for most mortgages, and lots that need work, have no kitchen, or carry a planning angle often are not mortgageable at all. That is why experienced auction buyers arrange auction bridging finance before they bid, not after.
Agreeing terms in principle before the sale means you walk in knowing your ceiling, you can bid with confidence against cash buyers, and you do not risk losing your deposit because a lender went quiet in week three. It costs nothing to get indicative terms and there is no credit search at that stage.
Updated every Monday. Lot details are summarised from the auctioneers' published catalogues; always read the legal pack.