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New Ground Cottages, Hemp Lane, Wigginton HP23 - Image 1
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New Ground Cottages, Hemp Lane, Wigginton HP23

East of England

£440,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
840 sqft

Description

This semi-detached property presents a compelling opportunity for renovation enthusiasts, located on a generously sized plot in a semi-rural area of Tring. The home currently requires comprehensive modernisation and offers the potential for expansion or redevelopment, subject to obtaining appropriate planning permissions. The layout includes an entrance area, a living room, a kitchen/dining area, a family bathroom on the ground floor, plus four bedrooms on the first floor—an adaptation from its original three-bedroom design. Additional features include driveway parking and front garden space, making it suitable for families looking to create their ideal home. With no upper sales chain, this property invites investors and renovators alike to explore its possibilities.

Investment Analysis

(HP23 area)

Above Market Value

This property is priced +3.3% above area average per sq ft

+3.3%
This Property
£524/sq ft
Area Average
£507/sq ft
Avg Rent (weekly)
£327
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£468,468
10% above area average per sq ft
Potential ROI
-4.4%
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 +5.6% over the last 12 months
3 year growth: +4.1%
5 year growth: +11.1%
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

New Ground Cottages, Hemp Lane, Wigginton HP23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,587
Based on a loan of £330,000 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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