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New Ground Cottages, Hemp Lane, Wigginton, HP23 6DW

East of England

£440,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
840 sqft

Description

This semi-detached residence presents a valuable opportunity for renovation in a desirable semi-rural setting on Hemp Lane, Tring. The property is set on a spacious plot and showcases significant potential for modernization and expansion, contingent on obtaining the necessary planning permissions. Inside, the layout comprises an entrance area, a living room, a kitchen/dining room, a ground floor family bathroom, and four first-floor bedrooms—an increase from the original three-bedroom design. Externally, there is driveway parking available along with a front garden. This property is ideal for investors or those looking to create their dream home.

Investment Analysis

(HP23 area)

Above Market Value

This property is priced +3.3% above area average per sq ft

+3.3%
This Property
£524/sq ft
Area Average
£507/sq ft
Avg Rent (weekly)
£327
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£468,468
10% above area average per sq ft
Potential ROI
-6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (HP23)

Area prices are rising by +5.6% over the last 12 months
3 year growth: +4.1%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on HP23 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

New Ground Cottages, Hemp Lane, Wigginton, HP23 6DW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,587
Based on a loan of £330,000 over 30 years at 4.06% 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.

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