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Oakfield Close, Frome BA11 - Image 1
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Oakfield Close, Frome BA11

South West

£245,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
858 sqft

Description

This property presents a compelling renovation opportunity in a desirable part of Frome. Comprising a lounge, dining room, kitchen, three bedrooms, and a bathroom, it offers a great foundation for those looking to create a tailored family home. The ground floor provides an adaptable layout with the potential to modernise or reconfigure existing spaces to better suit contemporary lifestyles. The garden at the rear includes an outbuilding that can serve various purposes such as additional storage or even a workshop. The upper floor features two spacious double bedrooms along with a single bedroom, providing versatile accommodation options ideal for families or home office use. With both the bathroom and separate toilet offering essential amenities, this property is primed for extensive refurbishment. This blank canvas awaits your vision to transform it into a stylish residence.

Investment Analysis

(BA11 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£286/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£270
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£340,712
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (BA11)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +1.2%
5 year growth: +9.9%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£884
Based on a loan of £183,750 over 30 years at 4.06% 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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