About This Property

Discover what makes this home special

Matford House is a well-designed two-bedroom apartment situated in a modern residential development in Exeter, Devon, specifically located at EX2 8YP. The property offers a comfortable living space with a sitting room, dining area, kitchen, two bedrooms, and a bathroom, making it ideal for first-time buyers, small families, or professionals. The apartment benefits from ample natural light due to its south-east facing aspect, providing a bright and welcoming environment throughout the day. The development itself is thoughtfully planned, with convenient access to local amenities and green spaces.

Property Features

This apartment boasts a practical layout with two good-sized bedrooms and a well-appointed bathroom. The open-plan sitting and dining area creates a spacious feel and is perfect for entertaining or relaxing. The fitted kitchen includes modern appliances and efficient use of space. Additional storage cupboards throughout the apartment enhance functionality. Residents also benefit from dedicated cycle and bin stores, supporting sustainable living and convenience.

Two bedroomsOne bathroomOpen-plan sitting and dining areaFitted kitchenAmple storage cupboardsCycle store+1

Local Amenities

Matford House is conveniently located close to Exeter city centre, with Exeter St Davids and Exeter Central train stations within 2.5 to 3 miles, providing excellent rail connections to London, Plymouth, and beyond. The area is well served by local schools including St Thomas Primary School and Exeter College, making it suitable for families and students. Nearby amenities include Lidl supermarket for everyday shopping, a variety of local cafes and restaurants, and the expansive Matford Valley Park offering outdoor recreational opportunities. Frequent bus services run along Matford Road, ensuring good public transport connectivity.

Exeter St Davids StationExeter Central StationExeter CollegeSt Thomas Primary SchoolLidl SupermarketMatford Valley Park+2
Exeter St Davids Train Station (2.4 miles, 8 mins drive) • 5 mins to Exeter

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Mortgage Calculator

25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£210,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£88/mo
Estimated Ground Rent£7/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

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10%
25
4.5%
Monthly Payment-
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Compare Rates
Purchase Costs
Total Price£210,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£88/mo
Estimated Ground Rent£7/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£210,000
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£88/mo
Estimated Ground Rent£7/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 £805/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£211,052
+£1,052 projected gain
5-Year Rent Forecast
£989/mo
Based on 4.2% annual growth
Price per Sq Ft£323
Annual Rent Income£9,660
10-Year ROI184%
Break-Even Point24 yrs

Property Value Projection

Based on 0.1% annual growth
£211,052
5yr
£212,109
10yr
£213,172
15yr
£214,240
20yr
£215,313
25yr
Current: £210,000

Monthly Rental Income

Based on 4.2% annual growth
£989
5yr
£1,215
10yr
£1,492
15yr
£1,833
20yr
£2,252
25yr
Current: £805/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

Site Plan

Site Plan

Location

Commute Time Planner

London Paddington
2h 15m
3h 30m
Bristol Temple Meads
1h 15m
1h 30m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Sitting Room
Morning Excellent
Afternoon Good
Evening Moderate
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low

Location Scores

65
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial/Tech+Positive Impact
Exeter Science Park Expansion
1.5 milesEst. 2025
Residential/Transport+Positive Impact
Matford Green Infrastructure Improvements
0.3 milesEst. 2024
* Information based on local planning applications and may be subject to change

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£210,000
AvailableNB0000037195
View Location Analytics

Matford House

Exeter, Exeter EX2 8YP
Haldon Reach, Alphington
2
Bedrooms
1
Bathrooms
650
Est. Sq ft
apartment
Type

Developer

Bovis Homes
Available Plot Numbers
8190
1 plot(s) available
Ownershipleasehold

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£210,000Matford House

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Matford House
Matford HouseExeter£210,000

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