About This Property

Discover what makes this home special

Matford House is a well-designed two-bedroom apartment located in the sought-after Matford development in Exeter, Devon. This modern home offers a spacious open-plan sitting and dining area combined with a fitted kitchen, providing a bright and airy living space ideal for both relaxing and entertaining. The property includes two comfortable bedrooms and a family bathroom, with ample storage space via built-in cupboards. Situated within a vibrant residential community, this apartment benefits from proximity to excellent local amenities and strong transport links, making it an attractive option for professionals, families, and investors alike.

The apartment's location near the edge of Exeter offers a perfect balance between peaceful suburban living and easy access to city conveniences. Residents enjoy a range of nearby parks, schools, and shopping facilities, while the well-planned layout ensures natural light throughout the day. With a garden aspect facing south-west, the property receives good afternoon and evening sunlight, enhancing the living experience. Matford House represents a compelling opportunity to acquire a quality home in a growing area with promising future development potential.

Property Features

This apartment features a contemporary open-plan living space combining sitting, dining, and kitchen areas, designed for functionality and comfort. The two bedrooms are well-proportioned, offering flexibility for families or home working. Built-in storage cupboards maximize space efficiency. The south-west facing aspect ensures good natural light in the afternoons and evenings, enhancing the property's appeal. Located within a modern development, the home benefits from quality construction and community amenities.

Open-plan livingFitted kitchenTwo bedroomsFamily bathroomBuilt-in storage cupboardsSouth-west facing aspect+2

Local Amenities

Matford House enjoys excellent local amenities including nearby primary and secondary schools such as Matford Green Primary and Exeter College, catering well to families and students. Shopping needs are well met by the nearby Sainsbury's supermarket and other local shops. Outdoor enthusiasts benefit from close proximity to Matford Valley Park and other green spaces. The property is well served by public transport with local bus stops and two main train stations, Exeter St Davids and Exeter Central, providing direct links to the city centre and beyond. Exeter city centre is approximately 3 miles away, accessible within a 10-15 minute drive or a short train journey.

Exeter St Davids stationExeter Central stationMatford Green Primary SchoolExeter CollegeSainsbury's MatfordMatford 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£750,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£313/mo
Estimated Ground Rent£25/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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Compare Rates
Purchase Costs
Total Price£750,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£313/mo
Estimated Ground Rent£25/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£750,000
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£313/mo
Estimated Ground Rent£25/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 £2,875/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£753,758
+£3,758 projected gain
5-Year Rent Forecast
£3,532/mo
Based on 4.2% annual growth
Price per Sq Ft£1,154
Annual Rent Income£34,500
10-Year ROI184%
Break-Even Point24 yrs

Property Value Projection

Based on 0.1% annual growth
£753,758
5yr
£757,534
10yr
£761,329
15yr
£765,143
20yr
£768,977
25yr
Current: £750,000

Monthly Rental Income

Based on 4.2% annual growth
£3,532
5yr
£4,338
10yr
£5,329
15yr
£6,546
20yr
£8,041
25yr
Current: £2,875/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
South-West-Facing Excellent
7h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Sitting room / Dining area
Morning Moderate
Afternoon Excellent
Evening Good
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Good
Evening Moderate
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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£750,000
Under OfferNB0000037199
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
8193
1 plot(s) available
Ownershipleasehold

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£750,000Matford House

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Matford House
Matford HouseExeter£750,000

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