About This Property

Discover what makes this home special

Lansdown is a charming three-bedroom house situated in the picturesque village of South Molton, North Devon, offering a blend of rural tranquility and convenient access to local amenities. Priced at £292,950, this property provides an excellent opportunity for families or professionals seeking a comfortable home in a well-connected yet peaceful setting. The house features a master bedroom with an en-suite bathroom, two additional bedrooms, and a main bathroom, making it ideal for growing families or guests.

The property benefits from its location near South Molton town centre, known for its friendly community atmosphere and essential services. The surrounding countryside offers ample opportunities for outdoor activities, while the town provides schools, shops, and transport links that connect residents to larger cities and employment hubs. This balance of rural charm and accessibility makes Lansdown a desirable home for both permanent residents and investors.

Property Features

The property boasts a well-designed layout with three bedrooms, including a spacious master bedroom featuring an en-suite bathroom for added privacy and convenience. The additional two bedrooms share a well-appointed main bathroom. A useful store room adds practical storage space. Outside, the house benefits from off-street parking and a private garden, perfect for outdoor relaxation or family activities. The quiet residential setting enhances the appeal for those seeking a peaceful home environment.

Master bedroom with en-suiteTwo additional bedroomsMain bathroomStore roomClose to local amenitiesQuiet residential area+2

Local Amenities

Lansdown is located in South Molton, a town with a good range of local amenities including well-regarded schools such as South Molton Community College and South Molton Primary School, making it suitable for families. Shopping needs are met by Tesco Express and Co-op Food stores, while leisure and recreation are supported by South Molton Leisure Centre and the nearby Town Park. Dining options include traditional pubs like The Globe Inn. Although South Molton’s own railway station is closed, residents benefit from bus connections to Barnstaple and Exeter, where major train stations provide further connectivity.

South Molton Community CollegeSouth Molton Primary SchoolTesco ExpressCo-op FoodSouth Molton Leisure CentreTown Park+4
Okehampton Railway Station Train Station (6.5 miles, 15 mins drive) • 45 mins by car to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£292,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£292,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£292,950
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.6%
Based on £1,123/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£294,418
+£1,468 projected gain
5-Year Rent Forecast
£1,379/mo
Based on 4.2% annual growth
Price per Sq Ft£266
Annual Rent Income£13,476
10-Year ROI184%
Break-Even Point22 yrs

Property Value Projection

Based on 0.1% annual growth
£294,418
5yr
£295,893
10yr
£297,375
15yr
£298,865
20yr
£300,362
25yr
Current: £292,950

Monthly Rental Income

Based on 4.2% annual growth
£1,379
5yr
£1,695
10yr
£2,082
15yr
£2,557
20yr
£3,141
25yr
Current: £1,123/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Location

Commute Time Planner

Exeter St Davids
N/A (no direct rail from Okehampton currently)
45 mins
Plymouth
N/A
50 mins

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
48
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Transport Infrastructure+Positive Impact
Okehampton Rail Line Reopening
6.5 milesEst. 2024-2025
Residential DevelopmentModerate Positive Impact
West Devon Local Plan Housing Expansion
Within 2 milesEst. 2025-2030
* Information based on local planning applications and may be subject to change

Loading location insights...

£292,950
AvailableNB0000054239
View Location Analytics

Lansdown

South West, EX22 6FY
Ruby Meadow
3
Bedrooms
2
Bathrooms
1,100
Est. Sq ft
house
Type

Developer

Lovell Homes
Available Plot Numbers
011
1 plot(s) available
Ownershipfreehold

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£292,950Lansdown

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Lansdown
LansdownSouth West£292,950

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