# 1 bedroom terraced house for sale (HP23 5PY)

## Property Details

| Key | Value |
|-----|-------|
| Address | 62 GROVE GARDENS, TRING, HERTFORDSHIRE HP23 5PY |
| Price | £280,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £280,000 May 2023 |

## Description

**SUMMARY**

A terrace one bedroom home in the Grove area of Tring with a lovely private garden. Perfect for landlords/investment or first time buyer.

**DESCRIPTION**

A fabulous freehold one double bedroom property in the Grove area of Tring, close to amenities and ideal for a first time buyer, down sizers and  investors.

The accommodation comprises living room, fitted kitchen with access to the garden, double bedroom and bathroom.

There is a generous private rear garden with access to the car parking area.

These properties are quite sought after and rarely available. 

Grove Gardens is a popular location, close to the High Street and just moments from grove Road Primary School and Tring Secondary School. Tring's charming, characterful high Street offers a selection of boutiques, restaurants, coffee shops and pubs, with a market held each Friday. For the commuter, Tring train station provides a regular service to Euston (approx. 38 mins) and there is easy access to the A41 linking the M25 and M1 motorways providing convenient access to London Airports.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

## Property Photos

- ![Photo](/listings/photos/85811016/1342903)
- ![Photo](/listings/photos/85811016/1342905)
- ![Photo](/listings/photos/85811016/1342907)
- ![Photo](/listings/photos/85811016/1342909)
- ![Photo](/listings/photos/85811016/1342911)
- ![Photo](/listings/photos/85811016/1342913)
- ![Photo](/listings/photos/85811016/1342914)
- ![Photo](/listings/photos/85811016/1342916)

## Floorplans

- ![Floorplan 1](/listings/photos/85811016/1342918) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/85811016/1342921) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 62 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £280,000 | 26/05/2023 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 87 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £725,000 | 09/01/2026 | Detached |
| 39 ELM TREE WALK, TRING, DACORUM, HERTFORDSHIRE, HP23 5EB | £375,000 | 14/11/2025 | Terraced |
| [Same street] 56 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £412,500 | 12/11/2025 | Terraced |
| 92 HUNTERS CLOSE, TRING, DACORUM, HERTFORDSHIRE, HP23 5QB | £264,000 | 12/09/2025 | Terraced |
| 15 PHEASANT CLOSE, TRING, DACORUM, HERTFORDSHIRE, HP23 5EQ | £285,000 | 27/05/2025 | Terraced |
| 20 HUNTERS CLOSE, TRING, DACORUM, HERTFORDSHIRE, HP23 5QA | £225,000 | 01/10/2024 | Terraced |
| [Same street] 54 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £275,000 | 10/06/2024 | Terraced |
| [Same street] 73 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £240,000 | 01/12/2023 | Terraced |
| 25 WINGRAVE ROAD, TRING, DACORUM, HERTFORDSHIRE, HP23 5HE | £482,000 | 17/11/2023 | Terraced |
| 21 MOREFIELDS, TRING, DACORUM, HERTFORDSHIRE, HP23 5EU | £450,000 | 26/10/2023 | Terraced |
| 11 FIELDS END, TRING, DACORUM, HERTFORDSHIRE, HP23 5ER | £335,000 | 19/10/2023 | Terraced |
| 20 ROSEBERY WAY, TRING, DACORUM, HERTFORDSHIRE, HP23 5DS | £350,000 | 17/10/2023 | Terraced |
| 7 MULBERRY CLOSE, TRING, DACORUM, HERTFORDSHIRE, HP23 5DZ | £382,000 | 06/10/2023 | Terraced |
| 10 ROSEBERY WAY, TRING, DACORUM, HERTFORDSHIRE, HP23 5DS | £425,000 | 09/09/2023 | Terraced |
| 4 ALBANY TERRACE, TRING, DACORUM, HERTFORDSHIRE, HP23 5HP | £460,000 | 01/09/2023 | Terraced |
| 39 HUNTERS CLOSE, TRING, DACORUM, HERTFORDSHIRE, HP23 5PQ | £487,500 | 01/09/2023 | Terraced |
| [Same street] 80 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £380,000 | 25/05/2023 | Semi-detached |
| 74 HUNTERS CLOSE, TRING, DACORUM, HERTFORDSHIRE, HP23 5QB | £248,000 | 13/03/2023 | Terraced |
| 18 FIELDS END, TRING, DACORUM, HERTFORDSHIRE, HP23 5ER | £450,000 | 16/11/2022 | Terraced |
| [Same street] 63 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £275,000 | 14/11/2022 | Terraced |
| 7 CHAPEL MEADOW, TRING, DACORUM, HERTFORDSHIRE, HP23 5HB | £355,000 | 10/11/2022 | Terraced |
| 21 PHEASANT CLOSE, TRING, DACORUM, HERTFORDSHIRE, HP23 5EQ | £275,000 | 21/10/2022 | Terraced |
| 24 NEW ROAD, TRING, DACORUM, HERTFORDSHIRE, HP23 5EX | £380,000 | 17/10/2022 | Terraced |
| [Same street] 59 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £332,500 | 30/08/2022 | Terraced |
| 4 NEW MILL TERRACE, TRING, DACORUM, HERTFORDSHIRE, HP23 5ET | £390,000 | 18/08/2022 | Terraced |
| 118 ROSEBERY WAY, TRING, DACORUM, HERTFORDSHIRE, HP23 5DT | £375,000 | 25/07/2022 | Terraced |
| 23 MEADOWBROOK, TRING, DACORUM, HERTFORDSHIRE, HP23 5HR | £385,000 | 04/07/2022 | Terraced |
| [Same street] 51 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £240,000 | 21/01/2022 | Terraced |
| [Same street] 86 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £695,000 | 10/12/2021 | Detached |
| [Same street] 80 GROVE GARDENS, TRING, DACORUM, HERTFORDSHIRE, HP23 5PY | £385,000 | 19/11/2021 | Semi-detached |

**Street average:** £396,000 (10 sales)
**Area average:** £368,925 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £419,703 (20 Terraced, HP23, 2024–2026)
- **Deviation:** -33.3%

## Rental Range

*ONS Price Index of Private Rents (Dacorum). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,421/mo
- **Realistic:** £1,579/mo
- **Optimistic:** £1,737/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Aylesbury (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £798/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Maisonette, Chapel Meadow, HP23 | £1,200/mo | 1 | 0.21 miles | OpenRent |
| 1 Bed Flat, Akeman Street, HP23 | £1,250/mo | 1 | 0.7 miles | OpenRent |
| 1 Bed Flat, Western Road, HP23 | £1,100/mo | 1 | 0.85 miles | OpenRent |
| 1 Bed Terraced House, Henry Street, HP23 | £1,200/mo | 1 | 0.9 miles | OpenRent |

**Average rent: £1,188/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.43% (weak for cashflow)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,200/mo).*

- **Gross yield:** 5.1%
- **Cost-to-rent:** 19.4×
- **Monthly cashflow:** £-48/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 11.2%
- **10y growth:** -8.3%

## House Price Index (HM Land Registry)

*Official index for Dacorum; Terraced series; as of April 2026.*

- **1y growth (index):** 0.7%
- **5y growth (index):** 14%
- **10y growth (index):** 29.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)