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Manor Road, Tring HP23

East of England

£500,000
Listed on 12/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
826 sqft

Description

This two-bedroom link-detached bungalow is positioned in a peaceful and desirable area, offering an excellent opportunity for renovation and investment. While the property currently requires modernization, it boasts a solid structure that can be reimagined into a contemporary residence tailored to your taste. The layout features a spacious living room filled with natural light, two adequately sized bedrooms, a kitchen, and a functional bathroom. Outside, the property includes well-maintained front and rear gardens along with a private driveway and garage, ensuring ample parking and storage options. One of the standout aspects of this home is its potential for expansion. With a generous plot size, there's significant scope for extending the living space or adding extra bedrooms, pending necessary planning approvals. This flexibility makes it an appealing project for those looking to maximize its value. Situated within close proximity to Tring's vibrant town center, residents will have easy access to an array of independent shops, cafes, restaurants, and essential amenities. The area is also known for its outstanding schools and picturesque countryside walks, with Tring Park nearby providing beautiful outdoor spaces. This property is available with no onward chain and presents an exciting opportunity for buyers seeking to create their ideal home in a sought-after location rich in both character and community.

Investment Analysis

(HP23 area)

Above Market Value

This property is priced +19.6% above area average per sq ft

+19.6%
This Property
£605/sq ft
Area Average
£506/sq ft
Avg Rent (weekly)
£334
Avg Yield
2.6%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£459,933
10% above area average per sq ft
Potential ROI
-26.4%
After renovation
Monthly Sales
18
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (HP23)

Area prices are falling by +3.4% over the last 12 months
3 year growth: 2.2%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on HP23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Manor Road, Tring HP23
Map showing location of Manor Road, Tring HP23
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