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Grange Road, Tring

East of England

£1,000,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1478 sqft

Description

This detached home, cherished since its construction in 1962, presents a unique opportunity for those looking to invest in a property that offers significant renovation and expansion potential. Located in one of Tring's most sought-after residential areas, this home benefits from proximity to the train station, making it an appealing choice for commuters, while still being within walking distance of the town center and reputable schools. The interior layout is spacious and adaptable, featuring three well-sized bedrooms and a welcoming entrance hall that leads into generous main reception areas. The dual-aspect sitting room is bright and airy, with sliding doors that seamlessly connect to the outdoor garden space. The front dining room provides additional flexibility for family gatherings or entertainment. The kitchen is functional as-is but has ample scope for reconfiguration or modernization to meet contemporary needs. One of the standout features of the property is its former annexe area on the ground floor, which is crafted for independent living. This space includes a separate entrance lobby and cloakroom, along with two distinct rooms that could serve as a study, hobby area, or guest accommodation—ideal for multi-generational living or rental potential. Upstairs, you will find two comfortable double bedrooms alongside a family bathroom and convenient walk-in storage within the eaves. Externally, the house occupies a generous corner plot with gardens that surround it, allowing for privacy as well as possibilities for landscaping or further extension (subject to planning consent). A gated rear access leads to a detached single garage with hardstanding and an accessible lawn area framed by mature trees. Situated in Tring—a historic small market town nestled among picturesque Chilterns countryside—this property combines residential charm with investment potential. The town offers a variety of local shops, restaurants, and pubs alongside excellent schooling options including renowned independent institutions. Transport links are outstanding; Tring's mainline station delivers frequent services to London Euston in around 36 minutes, while nearby road connections provide easy access to major routes like the A41. With its distinctive character and first-time availability in over sixty years, this home invites new owners to explore its renovation prospects and make it their own.

Investment Analysis

(HP23 area)

Above Market Value

This property is priced +32.0% above area average per sq ft

+32.0%
This Property
£677/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£317
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£833,548
10% above area average per sq ft
Potential ROI
-21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Grange Road, 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
£3,663
Based on a loan of £750,000 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