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Oakfield Close, Frome BA11

South West

£230,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
858 sqft

Description

This property in a desirable Frome location presents an excellent renovation opportunity for those looking to invest in a family home. The layout includes a lounge, dining room, kitchen, three bedrooms, and a bathroom, all of which require full modernisation, allowing for personalisation throughout the space. With an appealing garden complete with an outbuilding for storage, the potential for expansion or reconfiguration is significant. The ground floor features well-proportioned rooms including a light-filled lounge with windows at both ends and a dining room with views to the front. The kitchen offers access to the garden and holds promise for a contemporary redesign. Ascending to the upper floor, you will find two spacious double bedrooms alongside a single bedroom—ideal for flexible living arrangements or conversion into home office space. The existing bathroom provides basic amenities but is primed for an upgrade. This property is not just a home; it’s a project ripe with potential that invites buyers to transform it into their dream residence.

Investment Analysis

(BA11 area)

Below Market Value

This property is priced -25.5% below area average per sq ft

-25.5%
Potential saving
This Property
£268/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£339,721
10% above area average per sq ft
Potential ROI
+25.8%
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
12%
Properties sold annually

Local Market Trend (BA11)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -3.9%
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

Oakfield Close, Frome BA11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 over 30 years at 4.45% 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

-6.1% since listed
£230,000£10,000(-4.2%)
03/05/2026
Current price
£240,000£5,000(-2.0%)
07/04/2026
£245,000Initial listing
22/03/2026

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