We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workStudio flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rare residential investment opportunity – four self-contained apartments – tring, hertfordshire Description A rare opportunity to acquire an established residential investment comprising four self-contained apartments, ideally positioned within the highly desirable market town of Tring, Hertfordshire.
Generating a combined gross rental income of £51,600 per annum, this attractive investment offers an excellent opportunity for both established portfolio landlords and investors seeking a substantial residential asset.
The property is held on a 125-year lease, which commenced approximately 10 years ago, leaving approximately 115 years unexpired, subject to legal verification.
The building comprises four individual residential apartments, offering investors the benefit of multiple rental income streams within a single investment.
With a combined monthly rental income of £4,300, the property represents an appealing opportunity to acquire an income-producing asset within one of Hertfordshire's most sought-after market towns.
Conveniently situated within Tring, the property benefits from the town's enduring residential appeal, attractive historic surroundings and excellent transport connections.
The area's popularity with professionals, commuters and local residents contributes to its established rental market.
The sale of the building as a whole provides purchasers with the advantages of consolidated ownership and management, alongside the potential for longer-term capital appreciation, subject to prevailing market conditions.
Rental income The current rental income is detailed below: Flat 1: £1,000 pcm – £12,000 pa flat 2: £1,050 pcm – £12,600 pa flat 3: £1,050 pcm – £12,600 pa flat 4: £1,200 pcm – £14,400 pa total monthly rental income: £4,300 total annual gross rental income: £51,600 The rental figures are gross amounts before any associated management fees, maintenance costs, insurance, ground rent, service charges or other expenditure.
Location The historic market town of Tring is situated on the edge of the Chiltern Hills, surrounded by some of Hertfordshire's most picturesque countryside.
Tring's thriving High Street offers an excellent selection of independent shops, cafés, restaurants and traditional public houses, alongside a range of everyday amenities.
For commuters, Tring railway station provides direct services into London Euston, whilst the nearby A41 offers convenient access to the M25 motorway and surrounding commercial centres, including Berkhamsted, Hemel Hempstead and Aylesbury.
The combination of an attractive market town setting, excellent transport connectivity and access to beautiful countryside makes Tring a consistently desirable location for residential accommodation.
Tenure Leasehold – Originally granted for a term of 125 years, commencing approximately 10 years ago, with approximately 115 years remaining.
Exact lease terms are subject to verification by purchasers' solicitors.
Further information regarding the individual apartments, tenancy arrangements and financial particulars is available upon request.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About High Street, Tring
Explore nearby