Little Keyford Lane, Frome
South West
£545,000
Listed on 23/08/2026
Listed on 23/08/2026
The listing
Property details
Bedrooms
5Type
DetachedFeatures
- Parking
Description
Two residential plots are available on Little Keyford Lane in Frome, with full planning permission for detached contemporary homes. The approved scheme provides for four or five bedrooms, open-plan living and approximately 2,152 sq ft per proposed dwelling. The plans also show garden-room outbuildings and parking provision. Buyers may acquire a plot individually or discuss purchasing both, with the title to be split on completion if required. The owner is open to a separate build contract, with indicative construction and demolition costs stated at £175,000 to £200,000 per home. The listing gives projected completed values of £725,000 to £750,000 for Plot A and £775,000 to £795,000 for Plot B; these are agent estimates and should be independently checked. The site is described as having access to Frome town centre, schools, amenities and transport links. Planning reference 2025/1574/FUL.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
67out of 100
Grade CPotential opportunity
Confidence: LOW
At £545,000, the asking price is 29.2% below the local average on a £/sqf basis, making the acquisition price a clear strength. The listing also claims a £1.5m GDV, offering substantial development upside against the asking price; that is the agent’s figure, not an independent valuation, and no works budget has been estimated, so the current all-in comparison is purchase-only.
This is a land-and-build opportunity rather than a documented renovation: the listing says full planning permission has been granted for two detached homes, with a separate build contract available. Verify the consent, conditions, implementation status and exactly what is included in the sale before proceeding. The images do not establish the existing site’s condition.
Key opportunities
- Acquire at an asking price 29.2% below the local average on a £/sqf basis.
- The listing states that full planning permission has been granted for two contemporary four/five-bedroom detached homes.
- Proposed plans include parking and garden-room outbuildings, and a separate build contract is said to be available.
Key risks
- Verify the planning consent, conditions and implementation status, and confirm whether the sale covers both plots and the existing property.
- The agent-stated GDV is not independently verified, and no works budget has been estimated; establish build costs and the scope and terms of any proposed build contract.
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Transport
Nearest stations
Frome Rail Station
0.8 miles
Train · Frome
Dilton Marsh Rail Station
5.4 miles
Train · Dilton Marsh
Westbury (Wilts) Rail Station
6.3 miles
Train · Westbury
Warminster Rail Station
6.4 miles
Train · Warminster
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£2,227
Based on a loan of £408,750 over 30 years at 5.13% 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.
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Indicative tax based on the asking price and the options you select.
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