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About This Property

Discover what makes this home special

Nestled in the charming town of Okehampton, this stunning detached home offers contemporary living with a touch of tranquility. The Moresby boasts three spacious bedrooms, including a luxurious master with en-suite, and a thoughtfully designed floor plan that maximizes comfort and functionality. Perfect for families or professionals, this property is located within easy reach of local amenities, schools, and transport links, making it an ideal choice for modern living.

Property Features

This newly built property is designed with modern lifestyles in mind, featuring a bright and airy kitchen/dining area, a spacious lounge, and a south-west facing garden perfect for outdoor gatherings. With energy-efficient construction and a 10-year NHBC warranty, the home offers peace of mind and low running costs.

South-west facing gardenGarageEn-suiteModern kitchenEnergy-efficient designNHBC warranty

Local Amenities

Located in a thriving area, this property provides easy access to top-rated schools, convenient transport links, and a range of leisure facilities. Okehampton offers a blend of rural charm and modern amenities, including supermarkets, restaurants, and scenic parks, ensuring a balanced lifestyle for residents.

SchoolsTrain stationSupermarketsParksRestaurantsLeisure facilities
Okehampton Station Train Station (1.1 miles, 4 mins drive) • 30 mins by train to Exeter

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£309,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees (10%)-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£309,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
75/100
ChallengingModerateGoodExcellent
Strong rental demand in area
Close proximity to Exeter and transport links
Energy-efficient design with NHBC warranty

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£309,995
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
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Full Management (15%)-
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
6.0%
Based on £1,550/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£380,797
+£70,802 projected gain
5-Year Rent Forecast
£1,841/mo
Based on 3.5% annual growth
Price per Sq Ft£258
Annual Rent Income£18,600
10-Year ROI240%
Break-Even Point16 yrs

Property Value Projection

Based on 4.2% annual growth
£380,797
5yr
£467,769
10yr
£574,606
15yr
£705,845
20yr
£867,057
25yr
Current: £309,995

Monthly Rental Income

Based on 3.5% annual growth
£1,841
5yr
£2,186
10yr
£2,597
15yr
£3,084
20yr
£3,663
25yr
Current: £1,550/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

This newly built property is designed with modern lifestyles in mind, featuring a bright and airy kitchen/dining area, a spacious lounge, and a south-west facing garden perfect for outdoor gatherings. With energy-efficient construction and a 10-year NHBC warranty, the home offers peace of mind and low running costs.

South-west facing gardenGarageEn-suiteModern kitchenEnergy-efficient designNHBC warranty

Local Area & Amenities

Located in a thriving area, this property provides easy access to top-rated schools, convenient transport links, and a range of leisure facilities. Okehampton offers a blend of rural charm and modern amenities, including supermarkets, restaurants, and scenic parks, ensuring a balanced lifestyle for residents.

SchoolsTrain stationSupermarketsParksRestaurantsLeisure facilities

Floorplans

Ground Floor

Property Floorplan
Ground FloorGround Floor
First FloorFirst Floor

Site Plan

Site Plan
Full size view

Location

Nearby Schools

Okehampton Primary SchoolPrimary
Good0.5 miles
Okehampton CollegeSecondary
Outstanding1 mile
Chagford Church of England Primary SchoolPrimary
Good6.5 miles
Exeter Cathedral SchoolIndependent
Outstanding30 miles

Commute Time Planner

Exeter
30 mins
40 mins
Plymouth
1h 10m
50 mins

Sun Path & Natural Light

NESW
South-West-Facing Excellent
12h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Moderate
Afternoon Excellent
Evening Good
Kitchen/Dining
Morning Excellent
Afternoon Good
Evening Moderate

Location Scores

65
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable

Area Vibe

Peaceful
Scenic
Family-Friendly

Connectivity

Broadband Speed
75 Mbps
FTTP (Fiber to the Premises)
Good
Mobile Signal
Excellent
EE, Vodafone, O2

Future Developments Nearby

Commercial and Residential+Positive Impact
Town Centre Redevelopment
1 mileEst. 2025
* Information based on local planning applications and may be subject to change

Portfolio Analysis

85
Portfolio Fit Score
Excellent Investment Match
Risk LevelLow
Liquidity
80%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
£309,995

Moresby

Okehampton, Okehampton EX20 1XP
3
Bedrooms
2
Bathrooms
1,200
Sq Ft
detached
Type

Property Grades

Amenities88
Features90
Growth85
Yield83
Connect87
Transport80
Future84
Location86
Overall87

Developer

Barratt Homes
Available Plot Numbers
102
1 plot available
Ownershipfreehold

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