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Watery Lane, Marsworth, Tring

East of England

£950,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1842 sqft

Description

This charming detached Rothschild cottage presents a remarkable opportunity for renovation enthusiasts, situated on approximately half an acre adjacent to the Grand Union Canal in the picturesque village of Marsworth. The property is not listed, allowing potential buyers to explore a variety of design and extension possibilities (subject to planning permissions). The accommodation features an entrance porch leading into a hall with stairs to the upper level. The dual aspect lounge with fireplace, separate dining room also with fireplace, study, kitchen, boot room porch, w/c, three bedrooms, and a family bathroom provide ample living space. Additionally, there is a room in the eaves which may require creative repurposing due to limited headroom. A detached outbuilding divided into three rooms alongside a garage adds further potential for development. The property's mature gardens are enveloped by flower beds and include a greenhouse and a well that supplies water to the cottage. With mains drainage connected and a calor gas tank servicing the central heating system, essential amenities are in place. Located conveniently near local amenities such as the Red Lion pub and canal-side tea rooms, this property combines idyllic rural living with accessibility to Tring's shops and transport links. Ideal for those seeking a project that could result in their dream home, this cottage offers numerous pathways for investment and renovation.

Investment Analysis

(HP23 area)

Above Market Value

This property is priced +0.9% above area average per sq ft

+0.9%
This Property
£516/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£320
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,035,388
10% above area average per sq ft
Potential ROI
-1.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (HP23)

Area prices are rising by +7.1% over the last 12 months
3 year growth: +8.9%
5 year growth: +16.8%
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

Watery Lane, Marsworth, Tring
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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
£3,426
Based on a loan of £712,500 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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