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Brookfield Close, Tring, HP23

East of England

£800,000

Listed on 18/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
1729 sqft

Description

This detached two-bedroom bungalow is positioned in a quiet cul-de-sac, offering an excellent opportunity for renovation or investment. The property features a versatile living layout with two adequately sized bedrooms and has been maintained to a reasonable standard. Importantly, there is potential for expansion, including the possibility of a loft conversion, which could significantly enhance both the living area and the property's overall value. Attached to the bungalow is a detached garage that houses a well-designed one-bedroom annexe, ideally suited for additional living space, guest accommodation, or rental opportunities—subject to the necessary permissions. The garage itself is spacious and equipped with power and plumbing, making it suitable for use as a workshop or home gym, or as part of a larger renovation project. With ample parking options including driveway access and separate gated entry, this property offers practicality rarely found in similar homes. A private garden with a patio invites outdoor entertaining and can benefit from landscaping enhancements to maximize its appeal. Located in Tring—a market town known for its charm—this property not only provides immediate comfort but also significant potential for growth in value through thoughtful renovations.

Investment analysis

(HP23 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£463/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£367
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£972,727
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

Brookfield Close, Tring, HP23
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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
£3,022
Based on a loan of £600,000 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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