About This Property

Discover what makes this home special

The Elgar is a charming terraced home located in the market town of Tiverton, Devon, offering a peaceful and community-oriented lifestyle. This property benefits from a well-designed layout featuring three bedrooms and two bathrooms, ideal for families or professionals seeking comfort and practicality. The ground floor offers a spacious lounge, a modern kitchen/dining room, and a convenient cloakroom, while the first floor houses the master bedroom, two additional bedrooms, and a family bathroom. Storage spaces are thoughtfully integrated throughout the home.

Situated in the EX36 4GH postcode area, The Elgar enjoys close proximity to local amenities including schools, shops, and parks, while being within reasonable driving distance to Exeter, a major city with extensive transport links. The property is well connected by road, with access to the M5 motorway nearby, facilitating travel to larger cities and employment hubs. Future development plans in the area promise to enhance the community and increase property value, making this an attractive investment opportunity.

Property Features

This terraced property offers a balanced and functional layout with three bedrooms and two bathrooms, including a cloakroom on the ground floor for added convenience. The kitchen/dining room is spacious and designed for modern living, while the lounge provides a comfortable space for relaxation. Ample storage is available throughout, enhancing the practicality of the home. The property also benefits from garden access, perfect for outdoor activities and entertaining.

Terraced3 Bedrooms2 BathroomsCloakroomKitchen/Dining RoomLounge+2

Local Amenities

The Elgar is located within Tiverton, a town rich in amenities that cater to everyday needs and leisure. Educational facilities such as Tiverton High School and several primary schools are nearby, making it suitable for families. Shopping needs are met by the Tesco Superstore and the historic Pannier Market, which offers a variety of local goods. Cultural and recreational options include Knightshayes Court and several local parks, providing a balanced lifestyle. Transport connectivity is supported by Tiverton Parkway Station, approximately 7 miles away, offering rail links to Exeter and beyond.

Tiverton High SchoolTiverton LibraryTesco SuperstoreTiverton Pannier MarketKnightshayes CourtTiverton Parkway Station+1
Exeter St Davids Train Station (11.5 miles, 25 mins drive) • 25 mins by car to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£274,950
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£274,950
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

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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£274,950
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 £1,054/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£276,328
+£1,378 projected gain
5-Year Rent Forecast
£1,295/mo
Based on 4.2% annual growth
Price per Sq Ft£306
Annual Rent Income£12,648
10-Year ROI184%
Break-Even Point22 yrs

Property Value Projection

Based on 0.1% annual growth
£276,328
5yr
£277,712
10yr
£279,103
15yr
£280,502
20yr
£281,907
25yr
Current: £274,950

Monthly Rental Income

Based on 4.2% annual growth
£1,295
5yr
£1,590
10yr
£1,954
15yr
£2,400
20yr
£2,948
25yr
Current: £1,054/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

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Exeter St Davids
25 mins
25 mins
London Paddington
2h 30m
3h 30m

Location Scores

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

Future Developments Nearby

Residential and Commercial+Positive Impact
Tiverton Eastern Urban Extension
1 mileEst. 2028
* Information based on local planning applications and may be subject to change

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£274,950
AvailableNB0000055139
View Location Analytics

The Elgar

South Molton, south west, South Molton EX36 4GH
Molbrook
3
Bedrooms
2
Bathrooms
900
Est. Sq ft
terraced
Type

Developer

Wain Homes
Available Plot Numbers
98
1 plot(s) available
Ownershipfreehold

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£274,950The Elgar

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The Elgar
The ElgarSouth Molton, south west£274,950

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