3-bedroom terraced house · HP23 5QX
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Originally built as part of the Pendley Manor Estate, this beautifully preserved Arts and Crafts cottage dates to around 1912.
One of a striking terrace of four black-and-white homes, collectively known as New Villas, the house sits well back from the road, just moments from Tring railway station, and offers an elegant home ideally suited to both commuters and admirers of architectural heritage.
Inside, the house unfolds with the kind of thoughtful symmetry typical of the Edwardian period.
A central hallway leads in, with the staircase rising ahead and reception rooms positioned to either side.
To the right, the sitting room is richly atmospheric, painted in a sumptuous deep blue, with a fireplace and aged timber floors underfoot.
A picture rail traces the perimeter in classic early 20th century style, anchoring the space in its historical context.
To the left, the second reception room spans the full depth of the house and is arranged as a generous family room flowing into a light-filled dining area/conservatory.
Here, bifold doors open onto the garden, while a glazed roof over the dining space invites daylight to pour in; a bright counterpoint to the more intimate, classic tones found elsewhere in the property.
This room, too, has its own, more decorative fireplace, set with green-tiled slips - a tactile detail that feels wonderfully grounded in its time.
The kitchen lies just beyond, traditionally styled with a country-classic sensibility.
An original stove, now purely decorative, remains inset into the wall - a quiet nod to the building’s working past. A cloakroom completes the ground floor.
Upstairs, a generous landing leads to three double bedrooms: two of which still retain their original fireplaces.
The bedrooms are partially set into the deep eaves of the house, adding character and interest to the roofline. A modern family bathroom completes this level.
Outside, the rear garden is laid out simply and effectively, with a central lawn edged by a paved path.
A brick-built outbuilding, formerly the washhouse but now repurposed as a utility room, retains its own fireplace, quietly echoing the craftsmanship of the main house.
It is tiled with underfloor heating, and the building has water, drainage and power.
To the front, a gravel driveway provides off-street parking for two cars and there is a lawn edged with flower beds.
This is a home where the past is ever-present; gently preserved, yet quietly reimagined for modern life.
Where Edwardian grace meets Arts and Crafts spirit, and where living well in the present feels entirely at ease with honouring the past.
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Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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

FAQ
About New Villas, Tring, Hertfordshire HP23
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