3-bedroom detached house · BA11 3QN
For saleReduced £45k (−15.3%) on 3 JulListed 257 days
Opportunity summary
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About
An opportunity to purchase land with planning permission to build a three/four bedroom detached house in an exceptionally popular part of Mells. Application No: 2024/0620/FUL.
Full planning permission has been granted to build an attractive, detached home, with parking for three cars and a private and enclosed garden.
The accommodation is to include a welcoming entrance hall, a living room with two sets of French doors leading out to the garden, an impressive kitchen/ dining room, a utility room and a downstairs WC.
On the first floor there is an impressive master bedroom with en-suite, two further bedrooms, a study and a family bathroom.
Agents note We have been informed that there will be restrictive covenants put in place to ensure the property is built and maintained in line with the planning consent.
This will include a restriction on alterations/additions and will require the use of vernacular building materials during construction to ensure the property is in keeping with the style and aesthetic of the village.
LOCATION Mells continues to be one of the most sought-after villages in the area. The village offers a junior school, a public house of excellent reputation and local Post Office/shop.
The country house hotel of Babington House is just two miles, and the market town of Frome is within a short drive.
Railway connections at Frome and Westbury for London Paddington and Warminster and Gillingham for London Waterloo.
Communication links are excellent with Bath and Bristol within commuting distance and the A303, A36 & M4 & M5 all within easy reach.
The beautiful Somerset countryside provides a variety of leisure pursuits. Development-Property
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Top Lane, Mells, Mells, BA11
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