About This Property

Discover what makes this home special

Matford House is a well-designed 2-bedroom apartment situated in a modern residential development in Exeter, Devon. Offering a spacious open-plan living, dining, and kitchen area, this property is ideal for first-time buyers or small families seeking a comfortable and convenient lifestyle. The apartment benefits from natural light through multiple windows, creating a bright and welcoming atmosphere throughout the day. The single bathroom is efficiently positioned to serve both bedrooms and guests, while ample storage is provided by two cupboards near the entrance. The property’s location in the Matford development offers a peaceful setting with nearby green spaces and excellent access to local amenities.

Property Features

This apartment features two well-proportioned bedrooms and a single bathroom with a bath, WC, and washbasin. The open-plan kitchen includes modern appliances such as an oven and fridge/freezer space, seamlessly connecting to the dining and sitting areas. Two storage cupboards near the entrance provide practical space for household items. The property is double-glazed, ensuring energy efficiency and noise reduction. Its layout maximizes natural light, especially in the living area, making it a comfortable home for everyday living.

2 Bedrooms1 BathroomOpen-plan Kitchen/Dining/Living AreaBuilt-in Storage CupboardsDouble GlazingModern Fittings

Local Amenities

Located just under 2 miles from Exeter city centre, Matford House enjoys excellent connectivity to the heart of the city and beyond. Exeter St Davids and Exeter Central train stations are approximately 2 miles away, providing direct rail links to London, Plymouth, and other major cities. Local amenities include the Lidl supermarket within walking distance, several well-regarded schools such as Exeter College, and green spaces like Matford Green Park for outdoor activities. Frequent bus services run along nearby routes, enhancing public transport options. The area is a blend of suburban calm and urban convenience, making it attractive for residents seeking a balanced lifestyle.

Exeter St Davids StationExeter Central StationMatford Green ParkExeter CollegeLidl SupermarketLocal Bus Stops+1
Exeter St Davids Train Station (2.4 miles, 8 mins drive) • 5 mins to Exeter

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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-

Mortgage Calculator

10%
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£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

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Proximity to Exeter city centre and transport hubs
Limited rental yield potential compared to larger properties
Stable regional growth with planned local developments

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£300
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

Floorplans

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
East-North-East-Facing Limited Sunlight
5h
Garden Sun (Summer)
No
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Sitting room / Dining area / Kitchen
Morning Excellent
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Good
Afternoon Moderate
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
AvailableNB0000037196
View Location Analytics

Matford House

Exeter, Exeter EX2 8YP
Haldon Reach, Alphington
2
Bedrooms
1
Bathrooms
700
Est. Sq ft
apartment
Type

Developer

Bovis Homes
Available Plot Numbers
8192
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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