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Park Road, Tring

East of England

£370,000
Listed on 03/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
901 sqft

Description

This Victorian cottage presents a distinctive opportunity for renovation in one of Tring's most desirable neighborhoods. Nestled away from the hustle and bustle, the property benefits from picturesque views overlooking paddocks and countryside, while remaining conveniently close to the High Street's array of amenities. Upon entry, you'll find a charming front garden leading to a conservatory—an inviting space to relax and enjoy the surrounding scenery. The interior features an open-plan living and dining area that could serve as a blank canvas for personalization. Adjacent to this main space is a galley kitchen, along with a rear lobby that offers access to practical facilities such as a shower room, utility room, and separate W.C. The upper level comprises three bedrooms, each providing ample potential for reimagining layout or design. While the small rear garden is predominantly occupied by a lean-to potting shed at present, it offers possibilities for expansion or landscaping that can enhance outdoor living. This property not only holds its charm but also boasts significant investment potential. With renovations tailored to current trends or personal preferences, there’s ample opportunity to increase its value and create a cozy retreat in an attractive location. Whether you are seeking a project for personal use or an investment in Tring's flourishing real estate market, this cottage offers the perfect foundation for both.

Investment Analysis

(HP23 area)

Below Market Value

This property is priced -19.9% below area average per sq ft

-19.9%
Potential saving
This Property
£411/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£317
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£508,137
10% above area average per sq ft
Potential ROI
+21.0%
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

Park 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
£1,355
Based on a loan of £277,500 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