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Park Road, Tring, Hertfordshire, HP23 - Image 1
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Park Road, Tring, Hertfordshire, HP23

East of England

£2,750,000
Listed on 08/07/2025

Property Details

Bedrooms
7
Type
Detached house
Area
9183 sqft

Description

Nestled within approximately 6.3 acres of gardens and grounds, this substantial Victorian residence presents a rare opportunity for renovation and investment. Known as White Cloud House, this property features a rich history, having once served as the 'Home Farmhouse' on the Rothschild Estate. Its notable past includes residents such as Walter Rothschild and celebrated racing driver Sir Stirling Moss. Accessed via a long, private driveway that leads to secure gates and plentiful parking, the home greets visitors with a spacious boot room that opens into an impressive entrance hall. Here, you'll find a grand fireplace and intricate woodwork, setting the tone for the elegant living spaces throughout the house. The layout offers generous reception areas adaptable to various modern lifestyles. A well-lit kitchen overlooks the landscaped gardens, while multiple reception rooms—drawing room, dining room, and garden room—feature large windows that frame picturesque views of the outdoor space. The high ceilings and period details throughout enhance the home's historical charm. On the first floor, there are seven bedrooms, including two with en-suite bathrooms. Although currently organized into two separate sections to suit multi-generational living or rental potential, reinstating it as an expansive single-family home is straightforward. The potential to personalize these spaces further adds to its appeal for prospective buyers looking to create their dream residence. Accompanying the main house is North Cottage—a self-contained unit that can serve various purposes or provide additional rental income. The courtyard also hosts two outbuildings; one currently functions as an office but could easily be redesigned based on your needs. Notably, prior planning consent existed for developing three additional dwellings within this courtyard area—subject to reapplying for permissions—making it an intriguing investment prospect. The extensive gardens feature manicured lawns along with paddocks that offer space for outdoor activities or potential agricultural use. There is also an opportunity for interested buyers to negotiate for additional surrounding land. Situated at the edge of Tring—a historic market town—the location offers both convenience and access to local amenities. Shops, cafes, pubs, and restaurants contribute to a vibrant community atmosphere while providing essential services including M&S Simply Food and Tesco. For families, there are excellent educational options available in both state and independent schools nearby. Outdoor enthusiasts will appreciate proximity to green spaces such as Tring Park—a mix of parkland and woodland perfect for leisure activities. Commuters benefit from easy access to Tring railway station with direct services to London Euston and convenient road connections via the A41 leading

Investment Analysis

(HP23 area)

Below Market Value

This property is priced -40.8% below area average per sq ft

-40.8%
Potential saving
This Property
£299/sq ft
Area Average
£506/sq ft
Avg Rent (weekly)
£334
Avg Yield
2.6%

Renovation Potential

Est. Renovation Cost
£275,000 - £687,500
10-25% of property value
Target Value
£5,113,278
10% above area average per sq ft
Potential ROI
+48.7%
After renovation
Monthly Sales
18
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (HP23)

Area prices are falling by +3.4% over the last 12 months
3 year growth: 2.2%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on HP23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Park Road, Tring, Hertfordshire, HP23
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