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Mortimer Hill, Tring HP23

East of England

£850,000

Listed on 17/06/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1928 sqft

Description

This three-bedroom detached chalet bungalow is an attractive opportunity for renovation, located conveniently close to Tring School and the vibrant High Street. Set on a spacious plot, this property holds significant potential for extension and modernization, ideal for creating a comfortable family residence. Key features include ample driveway parking for multiple vehicles, a generous rear garden, and the distinct advantage of no upward chain. Tring itself is a charming market town nestled in the beautiful Chiltern Hills, providing easy access to scenic landscapes via Tring Park. The town boasts a diverse range of independent shops and offers excellent transportation links with a nearby train station that connects directly to London Euston in approximately 35 minutes. This area is known for its exceptional educational facilities catering to all ages and provides numerous sporting amenities. The interior layout includes an entrance porch leading into a welcoming hall with stairs ascending to the first floor. The family room features a front-facing double-glazed window and a characterful fireplace. The kitchen is equipped with wall-mounted and floor-standing units, while the utility space provides plumbing options for appliances. The lounge/dining area offers versatility with multiple double-glazed windows allowing natural light to flood in. The conservatory extends the living space further into the rear garden. Additionally, one ground-floor bedroom comes complete with an en-suite bathroom, while two additional bedrooms are located upstairs along with a shared bathroom. Outside, there's a garage complemented by driveway parking, alongside well-maintained gardens both at the front and back. Overall, this property presents itself as an appealing project for those looking to invest in their future home through thoughtful renovations.

Investment Analysis

(HP23 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£441/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
£1,080,229
10% above area average per sq ft
Potential ROI
+20.0%
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

Mortimer Hill, 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
£3,211
Based on a loan of £637,500 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

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