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Grove Park, Tring

East of England

£675,000

Listed on 25/12/2025

Property details

Bedrooms
3
Type
Bungalow
Area
1104 sqft

Description

Set within the sought-after Grove area of Tring, this three-bedroom detached bungalow presents an appealing opportunity for those looking to undertake a renovation project. The layout includes a lounge, kitchen, and bathroom, all of which could benefit from modernization to enhance their functionality and aesthetic. Outside, the property features a spacious driveway and a garage with convenient side access, complemented by a generous garden that is ripe for landscaping or expansion. With no onward chain, this home invites immediate consideration for investment potential. Tring itself is a historic market town nestled amidst the beautiful Chiltern Hills, providing easy access to scenic walks in Tring Park. The vibrant town centre offers independent shops and essential amenities, while swift transport links via the nearby train station connect residents to London Euston in approximately 35 minutes. Additionally, Tring boasts excellent schools for various age groups along with diverse sporting facilities. The property’s entrance leads into an inviting hall with storage options and access to the lounge—a space defined by its prominent bay window and feature fireplace. The kitchen/dining area is equipped with basic units but requires updating to create a modern culinary hub. Three bedrooms offer flexibility, ideal for family living or as potential study spaces. The bathroom includes essential fixtures yet would greatly benefit from refurbishment to enhance comfort.

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Investment analysis

(HP23 area)

Above Market Value

This property is priced +19.5% above area average per sq ft

+19.5%
This Property
£611/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£367
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£621,105
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HP23)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -1.8%
5 year growth: +2.0%
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

Grove Park, Tring
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,550
Based on a loan of £506,250 over 30 years at 4.45% 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.

Stamp duty calculator

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