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Park Road, Tring

East of England

£700,000
Listed on 24/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3771 sqft

Description

This unique opportunity allows you to acquire the freehold of a historic former public house located on Park Road in Tring, now with planning consent for transformation into a residential home. This property stands as a blank canvas, inviting creative renovation that can breathe new life into its storied past, all while offering picturesque views at the front. The interior's versatile layout features a spacious basement with four functional rooms and ample headroom. The ground floor comprises a bar area, saloon, utility kitchen, and commercial restrooms, providing potential for reconfiguration into modern living spaces. Moving upstairs, you will find space for plumbing accommodating a bathroom and kitchen alongside an expansive 32-foot living room. The top floor presents four additional bedrooms ready for restoration. Outside, there is an extensive garden room and a double-height storage unit with ground floor and first floor office space. There’s considerable potential to enlarge the courtyard garden by removing the garden room or creating rear driveway parking. Situated within walking distance of Tring town centre's amenities and surrounded by beautiful countryside including nature reserves and trails, this property offers not just a home but an investment into the heart of community life.

Investment Analysis

(HP23 area)

Below Market Value

This property is priced -63.7% below area average per sq ft

-63.7%
Potential saving
This Property
£186/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£320
Avg Yield
2.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £180,000
Target Value
£2,119,679
10% above area average per sq ft
Potential ROI
+140.9%
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

Park Road, Tring
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,525
Based on a loan of £525,000 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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