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Lakeside, Tring HP23

East of England

£650,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1389 sqft

Description

This detached bungalow, featuring two to three bedrooms, presents a compelling opportunity for renovation and expansion (subject to planning permissions) in a desirable cul-de-sac location in Tring. The property has been well maintained over the years but is now due for modernization, offering future owners the chance to tailor it to their personal preferences. Originally designed as a three-bedroom layout, this adaptable space can be restored or modified further to suit contemporary living. The current configuration includes a bright and spacious living room that opens into a conservatory with views of the private rear garden. Adjacent is the dining area, previously utilized as the third bedroom, enhancing flexibility for reconfiguration. The kitchen provides convenient access to the generously sized double garage, which holds significant potential for conversion, depending on planning approval. Additionally, there are two bedrooms, including a principal suite with an en-suite bathroom and another family bathroom available. An airing cupboard conveniently houses the hot water tank. Outside, the property boasts a low-maintenance garden complemented by a summer house and shed, alongside ample driveway parking. Available with no onward chain, this bungalow stands as an ideal project for those looking to invest in a manageable refurbishment within a highly respected area that offers numerous local amenities and scenic countryside walks. Tring's vibrant town centre is just under a mile away, featuring independent shops and cafes along with excellent transportation links to London Euston within approximately 38 minutes.

Investment Analysis

(HP23 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£468/sq ft
Area Average
£509/sq ft
Avg Rent (weekly)
£343
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£778,236
10% above area average per sq ft
Potential ROI
+11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HP23)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -0.7%
5 year growth: +3.8%
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

Lakeside, 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
£2,456
Based on a loan of £487,500 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

Price History

-7.1% since listed
£650,000£50,000(-7.1%)
25/04/2026
Current price
£700,000Initial listing
24/03/2026

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