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Gypsy Lane, Frome, Somerset BA11

South West

£1,200,000

Listed on 22/06/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This unique opportunity presents a plot with planning permission for the construction of three substantial detached houses. Strategically located on the outskirts of Frome, just a mile from the town centre and with convenient access to the Frome bypass, this site is ideal for developers looking to capitalize on the area's growing property market. The proximity to Bath, approximately 13 miles away, and Bristol around 20 miles adds further appeal to potential residents. The land benefits from essential utilities such as mains water, electricity, and gas available in Gypsy Lane, streamlining development efforts. The site offers generous gardens for each proposed dwelling, promoting a quality living environment that caters to modern preferences. With outlined planning permission granted under application number 2025/2137/out in 2025, future owners can refine the development plans through reserved matters to ensure an attractive scheme that integrates well within the existing residential context. This is a compelling chance for those seeking an attractive residential development in a desirable market town known for its independent shops and cultural richness. Detailed information regarding necessary infrastructure improvements like drainage systems and access arrangements will be available through the selling agents.

Investment Analysis

(BA11 area)
Area Average
£360/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Gypsy Lane, Frome, Somerset 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
£4,533
Based on a loan of £900,000 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

This calculation uses non-residential (land/commercial) tax rates.

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