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Vallis Way, Frome

South West

£240,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
987 sqft

Description

This three-bedroom property is conveniently located near the vibrant centre of Frome, offering a significant opportunity for those looking to invest or renovate. With three levels of living space, the house features spacious bedrooms and a generous living/dining area on the ground floor that welcomes plentiful natural light. While it does require updates throughout, the layout provides ample scope for transformation into a contemporary family home or rental investment. The entrance hall leads you to an open-plan living area and a front kitchen that can be reconfigured to better suit modern needs. Upstairs, you'll find three well-sized bedrooms and a family bathroom, all of which are adaptable for various uses, from accommodating growing families to creating dedicated home office spaces. The rear garden adds outdoor potential, whether for entertaining or landscaping projects. Benefiting from proximity to local amenities and transport links, this property is perfect for families, investors, or first-time buyers eager to infuse their personal touch into their new home.

Investment Analysis

(BA11 area)

Below Market Value

This property is priced -32.9% below area average per sq ft

-32.9%
Potential saving
This Property
£243/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£393,403
10% above area average per sq ft
Potential ROI
+43.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BA11)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -3.8%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on BA11 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

Vallis Way, Frome
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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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