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Faulkland, Somerset

South West

£360,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Cottage
Area
867 sqft

Description

This charming cottage, located in the tranquil village of Faulkland, presents a unique opportunity for those looking to invest in a property with significant potential. Featuring three bedrooms on the upper level, alongside a spacious living room and kitchen diner on the ground floor, this home retains many period features such as exposed timber beams and beautiful flagstone flooring. The cozy living area is equipped with a log burning stove, providing warmth during colder months. The generous garden offers a peaceful retreat for leisure. Importantly, planning permission has already been granted to extend the home into a substantial five-bedroom residence over two storeys, allowing for ample living space while preserving outdoor areas and parking. This property appeals not only for its character but also for its strategic location—just a short drive from Bath and Frome—making it an ideal base for enjoying both rural charm and urban conveniences.

Investment Analysis

(BA3 area)

Above Market Value

This property is priced +26.5% above area average per sq ft

+26.5%
This Property
£415/sq ft
Area Average
£328/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£312,957
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (BA3)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -3.2%
5 year growth: +14.4%
Investment Disclaimer: Analysis based on BA3 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

Faulkland, Somerset
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,275
Based on a loan of £270,000 over 30 years at 3.91% 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

Price History

-4.0% since listed
£360,000£15,000(-4.0%)
03/11/2025
Current price
£375,000Initial listing
16/10/2025

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