PLANNING GRANTED | 6 HOUSES | FROME
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PLANNING GRANTED | 6 HOUSES | FROME

By Hollis Morgan Auctions

£ 600,000

Reviews

3 out of 5 stars

Hollis Morgan Auctions says ..

Hollis Morgan – DECEMBER LIVE ONLINE AUCTION – A Freehold DEVELOPMENT SITE ( 0.59 acres ) with PLANNING GRANTED for a scheme of 6 x HOUSES | GDV of circa £3m.

Property Oracle says ..

This property is a plot of land with planning permission for 6 houses located in Frome, Somerset. The existing structures on the plot are in poor condition and require significant renovation or demolition. The plot is located near schools and transportation, making it a convenient location. The list price of £600,000 seems reasonable considering the size of the plot and the planning permission granted.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
3
Location
7
Land
7
Bedrooms
21
Bathrooms
18
Sqft (est)
10,042.73

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
491,651.00 £
Increased by 28.33 %
from 383,121.00 £
Est sale value
4,157,690.22 £
Increased by 31.01 %
from 3,173,502.68 £
Average area rental value
1,244.00 £/mo
Increased by 23.17 %
from 1,010.00 £/mo
Est letting value
10,042.73 £/mo
from 0.00 £/mo
Est rental Yield
3.04 %
Decreased by 3.80 %
from 3.16 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Hollis Morgan Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Selwood AcademyAcademy ConverterGood0.85 KM
Frome Community CollegeCommunity SchoolGood0.89 KM
Hayesdown First SchoolAcademy Sponsor LedGood1.14 KM
Frome NorthChildren's Centre1.14 KM
North Hill HouseOther Independent Special SchoolInadequate1.64 KM

Images

Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1 Development Site @ Gypsy Lane Frome, Somerset, BA1

Nearby Streets

NameAverage PriceAverage SqftDistance
Beech Court £ 000.00 KM
Dean Close £ 000.00 KM
Thomas Bunn Close £ 000.00 KM
B3090 £ 000.00 KM
Cuckoo Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Frome5707FRO1.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
PLANNING GRANTED | 6 HOUSES | FROME £ 600,000BUY6 / 100.00 KM
Mendip Gardens, Gypsy Lane, Frome £ 225,000BUY6 / 100.05 KM
Birch Walk, Frome £ 450,000BUY7 / 100.14 KM
Birch Walk, Frome, Somerset, BA11 £ 437,500BUYUnknown0.14 KM
Magnolia Close, Frome £ 385,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
5 Sutton Close £ 431,0000.04 KM
The Boat House £ 114,0000.05 KM
Hawthorn House £ 635,0000.05 KM
Pine Villa £ 750,0000.11 KM
Highfield £ 925,0000.11 KM