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Watery Lane, Marsworth, Tring

East of England

£950,000
Listed on 18/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1842 sqft

Description

This detached Rothschild cottage presents a unique opportunity for renovation, nestled on approximately half an acre of land adjacent to the scenic Grand Union Canal in the charming village of Marsworth. With its original features and spacious grounds, the property offers significant potential for those looking to invest in a project that could transform it into a dream home. The cottage is not designated as a listed property, allowing for greater flexibility in any renovations or extensions (subject to obtaining the necessary planning permissions). The existing layout includes an entrance porch leading into a hall with stairs to the first floor, a dual-aspect lounge complete with a fireplace, and a dining room that also features its own fireplace. Additional spaces include a study, a kitchen, boot room porch, and two convenient w/cs. Three bedrooms are complemented by a family bathroom, along with an eaves room that may offer creative possibilities despite its limited headroom. Outside, the mature gardens envelop the cottage and feature flower beds and even a greenhouse. A notable asset is an outbuilding divided into three rooms and a detached garage, both providing extra space for storage or potential workshops. A traditional well within the grounds adds character and utility. Situated amidst beautiful countryside just two miles from Tring, this property benefits from proximity to local amenities including shops, restaurants, and excellent transport links. The nearby Red Lion pub—a historic 17th-century gastro establishment—adds to the village's charm. For commuters, Marsworth's location offers quick access to Tring train station with direct services to London Euston in about 38 minutes. This property represents not just a home but an investment opportunity in an area renowned for its picturesque landscape and community spirit. Whether aiming to create your ideal residence or capitalize on rental potential in this desirable locale, this cottage holds promise for prospective buyers willing to undertake its restoration.

Investment Analysis

(HP23 area)

Above Market Value

This property is priced +0.6% above area average per sq ft

+0.6%
This Property
£516/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£317
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,038,833
10% above area average per sq ft
Potential ROI
-1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (HP23)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 6.9%
5 year growth: 17.9%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,480
Based on a loan of £712,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE